Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor & Lecturer
Dr Sunny Shin
E4A 426
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Credit points |
Credit points
4
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Prerequisites |
Prerequisites
Admission to MMgmt
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit examines economic analysis concepts and tools that enable students to set an organisation's decision-making within its wider economic context. Topics include supply, demand, and market equilibrium; scarcity; exchange and trade; choice theory; theory of the firm; game theory and strategy; market structure; information; role of government and government policies; aggregate economy; and international trade. We look at economic variables and how rises and falls in these variables affect people and businesses.
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Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Name | Weighting | Hurdle | Due |
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Case Analysis 1 | 20% | No | 11PM 16 Oct 2018 |
Case Analysis 2 | 30% | No | 11PM 7 Nov 2018 |
Final examination | 50% | No | Exam Week: 26 Nov - 1 Dec 2018 |
Due: 11PM 16 Oct 2018
Weighting: 20%
This assessment task is to be completed individually. The task will include multiple application/discussion questions regarding the topics covered in Modules 1-3, given a set of academic/news articles. Students will be asked to demonstrate their understanding of the theoretical concepts learnt during weekly sessions by applying them on the given context along with their own research. The word limit is 1200-1500 words.
Students are required to complete the task and submit the answers on iLearn by 11PM Tuesday 16 October 2018. Hard copies will not be accepted.
The submission will be assessed on:
Further details and the rubric will be provided two weeks prior to the deadline.
Late submission will receive a deduction of 10% of the total marks for each 24-hour period that the submission is late (for example, 25 hours late in submission - 20% penalty). Submissions will not be accepted beyond 72 hours past the deadline. This penalty does not apply if an application for Special Consideration is made and approved. For further details, see the University's Special Consideration policy: https://staff.mq.edu.au/work/strategy-planning-and-governance/universitypolicies-and-procedures/policies/special-consideration.
Important Notice: Any student whose submission is not his/her own work will be automatically given a mark of zero. Students will also face serious disciplinary action, which may include an automatic failure of MGNT801 and the possible exclusion from MGSM. Students should be aware that Turnitin will be used to determine the originality of the submitted work. Students are also expected to be familiar with the University's Academic Integrity policy: https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-andprocedures/policies/academic-honesty.
Due: 11PM 7 Nov 2018
Weighting: 30%
This assessment task is to be completed individually. The task will include multiple application/discussion questions regarding the topics covered in Modules 4-6, given a set of academic/news articles. Students will be asked to demonstrate their understanding of the theoretical concepts learnt during weekly sessions by applying them on the given context along with their own research. The word limit is 1500-1800 words.
Students are required to complete the task and submit the answers on iLearn by 11PM Wednesday 7 November 2018. Hard copies will not be accepted.
The submission will be assessed on:
Further details and the rubric will be provided two weeks prior to the deadline.
Late submission will receive a deduction of 10% of the total marks for each 24-hour period that the submission is late (for example, 25 hours late in submission - 20% penalty). Submissions will not be accepted beyond 72 hours past the deadline. This penalty does not apply if an application for Special Consideration is made and approved. For further details, see the University's Special Consideration policy: https://staff.mq.edu.au/work/strategy-planning-and-governance/universitypolicies-and-procedures/policies/special-consideration.
Important Notice: Any student whose submission is not his/her own work will be automatically given a mark of zero. Students will also face serious disciplinary action, which may include an automatic failure of MGNT801 and the possible exclusion from MGSM. Students should be aware that Turnitin will be used to determine the originality of the submitted work. Students are also expected to be familiar with the University's Academic Integrity policy: https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-andprocedures/policies/academic-honesty.
Due: Exam Week: 26 Nov - 1 Dec 2018
Weighting: 50%
The final exam will be held during the Exam Week. Note that it is the students' responsibility to find out the date, time and location of the final exam. The final exam will include short-answer questions based on topics from Modules 7-9. It will be closed-book and of 3 hours duration with ten minutes of reading time. It may include calculations and diagrammatical illustrations. Further details will be provided in due course.
Failure to attend the final exam will result in a mark of zero. Exceptions will be only made if an application for Special Consideration is made and approved. For further details, see the University's Special Consideration policy: https://staff.mq.edu.au/work/strategy-planning-andgovernance/university-policies-and-procedures/policies/special-consideration.
Each week, there will be a four-hour face-to-face session. Each session will be a mixture of lecture and case exercises. Students are required to attend all weekly sessions. The exercises will be guided by the lecturer but students are expected to work through the ideas with peers. For time and location, please check the MGSM timetable.
Lecture slides, case exercises and all of the other additional materials will be posted on iLearn one week prior to each week's face-to-face session. Students are required to read each week's reading materials and be familiarised with the topic before attending the weekly session. For topics to be covered, see 'Unit Schedule' below.
Prescribed Text:
MGSM iLearn:
The web page for this unit can be found at https://ilearn.mq.edu.au/login/MGSM
All Unit numbers relate to the prescribed textbook. See ‘Delivery and Resources’.
Macquarie University policies and procedures are accessible from Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Undergraduate students seeking more policy resources can visit the Student Policy Gateway (https://students.mq.edu.au/support/study/student-policy-gateway). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
If you would like to see all the policies relevant to Learning and Teaching visit Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central).
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/study/getting-started/student-conduct
Results shown in iLearn, or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au.
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
For all student enquiries, visit Student Connect at ask.mq.edu.au
For queries about your study at MGSM, please contact studentservices@mgsm.edu.au
For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.
Our postgraduates will demonstrate a high standard of discernment and common sense in their professional and personal judgment. They will have the ability to make informed choices and decisions that reflect both the nature of their professional work and their personal perspectives.
This graduate capability is supported by:
Our postgraduates will be able to demonstrate a significantly enhanced depth and breadth of knowledge, scholarly understanding, and specific subject content knowledge in their chosen fields.
This graduate capability is supported by:
Our postgraduates will be capable of utilising and reflecting on prior knowledge and experience, of applying higher level critical thinking skills, and of integrating and synthesising learning and knowledge from a range of sources and environments. A characteristic of this form of thinking is the generation of new, professionally oriented knowledge through personal or group-based critique of practice and theory.
This graduate capability is supported by:
Our postgraduates will be capable of systematic enquiry; able to use research skills to create new knowledge that can be applied to real world issues, or contribute to a field of study or practice to enhance society. They will be capable of creative questioning, problem finding and problem solving.
This graduate capability is supported by:
Our postgraduates will be able to communicate effectively and convey their views to different social, cultural, and professional audiences. They will be able to use a variety of technologically supported media to communicate with empathy using a range of written, spoken or visual formats.
This graduate capability is supported by:
Our postgraduates will be ethically aware and capable of confident transformative action in relation to their professional responsibilities and the wider community. They will have a sense of connectedness with others and country and have a sense of mutual obligation. They will be able to appreciate the impact of their professional roles for social justice and inclusion related to national and global issues
This graduate capability is supported by:
The interactive environment of the classroom is central to the MGSM experience. Students are required to attend the full duration of all classes for the units in which they are enrolled. We recognise that exceptional circumstances may occur, such as unavoidable travel on behalf of your organization or the serious illness or injury of you or a close family member.
Special consideration may be given for a maximum of 20% non-attendance for such circumstances as long as lecturers are contacted in advance, and supporting documentation provided, to request exemption from attendance. Failure to abide by these conditions may result in automatic withdrawal, with academic and/or financial penalty. The full Student Attendance Policy is published in the MGSM Student Handbook at https://students.mgsm.edu.au/handbook
These unit materials and the content of this unit are provided for educational purposes only and no decision should be made based on the material without obtaining independent professional advice relating to the particular circumstances involved.