MBS Program
Managerial Economics
Associate Professor Catherine de Fontenay
Managerial Economics is a subject offered by the Melbourne Business School for which graduate law students may obtain credit towards the Graduate Diploma in Competition Law or, subject to certain conditions, a Master of Laws or Master of Commercial Law. It is anticipated that this subject will be of interest to those practising or seeking to practise in competition law who wish to advance significantly their knowledge of industrial organisation economics. Competition law requires understanding how markets operate and how firms make decisions that bear on competitive dynamics. Managerial Economics is an introduction to the core concepts in economics relevant to managerial and strategic decision making by firms. It focuses, in particular, on the role of firm strategy in determining price and non-price outcomes and how these impact on market competition. It will provide those practising in competition law with the skills to contribute to and critically assess an economic analysis of the purposes and effects of business decisions on competition in a market.