Programme And Module Handbook
Course Details in 2022/23 Session

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Module Title LH Advanced Business Economics
SchoolBirmingham Business School
Department Management
Module Code 07 23262
Module Lead Fiona Carmichael/Liza Jabbour
Level Honours Level
Credits 20
Semester Semester 1
Restrictions None
Contact Hours Lecture-44 hours
Tutorial-6 hours
Guided independent study-150 hours
Total: 200 hours
Description The module aims to deepen understanding of ideas and theories that underpin the economic analysis of decision making by economic agents in the context of the wider social and business environment. The module focus is on decision making by economic agents and the international economy. The analytical ideas explored in this module aim to raise understanding of the complexity of the economic environment in which individuals, financial institutions, firms and governments operate. In addition, the theoretical core will help to develop analytical skills. Students will have the opportunity to study the interplay between economic theory and economic policy and to critically examine some of the arguments for external regulation of markets. The theory examined will relate to a number of important economic and social issues such as business regulation, strategic decision making by firms and other agents, informational problems and international trade. The knowledge and understanding acquired will help students to understand the arguments and analysis that they will be exposed to in other modules on their programme of study which deal with related aspects of the global socio-economic environment.
Learning Outcomes

By the end of the module the student should be able to:

  • critically evaluate economic theory and analysis in relation to the international economy, market failures and the strategic behaviour of firms;
  • critically assess economic discourse relating to the international economy, international business and regulation in both private and public spheres;
  • apply economic theory to assess alternative economic policy solutions for problems facing international organisations, governments and firms;
  • apply economic theory to analyse the determinants of international trade; differential impact of economic globalisation in various parts of the world; the determinants of international growth;
  • critically appraise the international economy and the differential impact of globalisation in different parts of the world.
Assessment 23262-01 : Online Test 1 : Class Test (25%)
23262-02 : Online Test 2 : Class Test (25%)
23262-03 : Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
Assessment Methods & Exceptions Assessment: 2 x 1 hour online problem based assignments (25% each, 50% total) and 1 x 2 hour examination (50%)
Reassessment: 1x 2hr online assignment
Other Duplicate of Dubai-based module 30458
Reading List