ECI2731 Managerial economics
Faculty of Business and Economics
ECI2731 Managerial economics is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2026. It needs ECC1000, ECF1100, ECI1100, ECB1101 or ECW1101 and unlocks 1 unit.
- Credit points
- 6
- Offered in 2026
- Not offered
- Assessment
- No exam
- 3 tasks
- Workload
- 144 hours
- per semester
This is the 2026 handbook entry. See the 2027 entry.
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Requisites
Before ECI2731
Prohibitions
You can't enrol if you have passed any of these.
After ECI2731
1 unit list ECI2731 as a prerequisite or corequisite.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit will deepen your knowledge of the behaviour of the firm. You will apply economic tools to analyse production, cost and other managerial decisions in different market structures. The unit will help you understand different forms of market competition, and introduce you to game theory and risk analysis.
Offerings in 2026
The 2026 handbook lists no offerings for ECI2731.
Assessment
- Exercise20%
- Quiz / Test60%
- Presentation20%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
analyse decision-making by producers
- 2
understand decision making in game-theoretic set ups
- 3
understand and explain the relevant factors behind risk analysis and risk management
- 4
analyse production and cost decisions
- 5
analyse and critically evaluate policies designed to affect individual behaviour and market outcomes.
Workload and teaching
- Lectures12 hours
- Tutorials24 hours
- Teaching approachActive learning
- Teaching approachProblem-based learning
- Teaching approachResearch activities
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
This unit allows you to develop their research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
Common questions
What are the prerequisites for ECI2731?
You need ECC1000, ECF1100, ECI1100, ECB1101 or ECW1101 before you enrol. Enrolment rules also apply.
What can I take after ECI2731?
ECI2731 is a prerequisite or corequisite for 1 unit, including ECI3890.
When is ECI2731 offered?
ECI2731 has no offerings listed in the 2026 handbook.
How much work is ECI2731?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECI2731 have an exam?
No. ECI2731 has 3 assessment tasks and no exam.
More details
- Credit points
- 6
- Level
- 2
- Study level
- Undergraduate
- Faculty
- Faculty of Business and Economics
- Type
- Coursework
- EFTSL
- 0.125
- Student contribution
- SCA Band 4
- Study abroad
- Not available
- Handbook years
- 20262027