MAE266 - Black Market Economics: Exploring the Underworld of Illicit Trade
| Year: | 2025 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Cohort rule: | For Business & Law students or for students in Bachelor of Criminology (including combined Criminology awards) or students undertaking the Criminology major in A310 or students in A336 and D344. |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| Study commitment | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
| Scheduled learning activities - campus | 1 x 1 hour on-campus lecture (recordings provided) each week and 1 x 1 hour on-campus seminar (recordings provided) each week |
| Scheduled learning activities - online | 1 x 1 hour recorded lecture each week and 1 x 1 hour online seminar each week |
Content
Black Market Economics is an interdisciplinary unit that examines the economic principles that underpin the growth and ongoing development of black markets. Students will apply foundational economic concepts, such as supply and demand, cost structures, vertical supply chains and game theory to a range of black markets, including those for counterfeit goods, sex trafficking, and illicit drugs traded both via conventional trafficking routes and on the dark web. The unit concludes with a focus on the ways in which black markets and associated harms can be addressed by governments, from conventional law enforcement approaches and prohibition, through to decriminalisation and legalisation.
Unit Fee Information
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.