Course Details in 2024/25 Session

Module Title	LI Intermediate Business Economics and the Macroeconomy
School	Birmingham Business School
Department	Management
Module Code	07 30446
Module Lead
Level	Intermediate Level
Credits	20
Semester	Semester 2
Pre-requisites
Co-requisites
Restrictions	None
Contact Hours	Lecture-60 hours Guided independent study-140 hours Total: 200 hours
Exclusions
Description	The module provides a general coverage of the main issues and debates in business economics and the macroeconomic environment. This module will also have discussions around the UAE economy, specific reference to the debate around unified currency in the GCC region. Part 1 focuses on the following topics. ,ul> price theory industrial organisation economics of competition competition policy, regulation of natural monopolies
Learning Outcomes	By the end of the module students should be able to: Demonstrate knowledge of economic analysis and policy issues in relation to the operation and strategic behaviour of firms in markets Apply economic analysis to case studies of firms Evaluate economic policy as it relates to the operation of markets Demonstrate understanding how the economic environment impacts on the way in which businesses operate Have an educated and critical opinion in debates such as the role of the state in the economy and the causes and consequences of banking and financial crises apply economic analysis to understand and make predictions about the impact of economic variables on the macroeconomic environment of business critically analyse the impacts of institutions on innovation and competitiveness employ analytical arguments more generally
Assessment	30446-01 : Individual Assignment : Coursework (50%) 30446-02 : Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
Assessment Methods & Exceptions	Assessment: 2 tests, 50 minutes each (20% per test) 2 hour exam (60%) Reassessment: 3 hour exam (100%)
Other	Dubai-based duplicate of Birmingham-based module 24111
Reading List