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Microeconomics, Macroeconomics, Finance.
This course consists of two modules:Economics: In this module students are introduced to economic principles, concepts and models. They have opportunities to see how these are applied to a range of real world situations; and to apply them themselves. An understanding of both macro and microeconomic concepts is necessary in order to function effectively as an engineering manager in today’s complex global markets.Finance: Engineering projects often involve significant capital investment that has major financial implications for the organisations involved in those projects. The module is designed to give students an appreciation of engineering decision making from a financial perspective.
KnowledgeThis course builds on the knowledge of students in regard to financial and management accounting (ENMG601). It develops knowledge in the area of economics and finance and its application to understanding the business and investment environments, with an engineering focus. Students will demonstrate broad understanding and integration of that knowledge via group and individual assignments that are based on information extracted from actual business situationsSkillsStudents will be able to apply economic principles and reasoning to explain the behaviour of individuals and organisations, and to explain observed real world outcomes. Students will be able to communicate economic ideas in language appropriate to a given audience.Application The financial and economics sections of this course mutually complement each other and also make use of the knowledge gained in regard to financial and management accounting in ENMG601.Students will complete a series of in-class exercises, each building on its predecessor, to apply their knowledge and analytical skills to eventually be able to assess and interpret economic and financial data in a real-world situation.
Subject to approval of the Programme Director.
For further information see Masters in Engineering Management Head of Department
Domestic fee $881.00
International Postgraduate fees
* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.
For further information see Masters in Engineering Management .