Programme And Module Handbook
Course Details in 2019/20 Session

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Module Title LI Competitiveness in the Global Economy
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 07 26606
Module Lead Lisa De Propris
Level Intermediate Level
Credits 10
Semester Semester 2
Restrictions None
Contact Hours Guided independent study-67 hours
Seminar-11 hours
Lecture-22 hours
Total: 100 hours
Description The aim of the first part of the course is to provide students with a theoretical understanding of how firms operate strategically in imperfect markets. This module builds on the first year micro-economics course, to study topics relating to business structure, conduct and performance with applications to the UK economy. It aims to develop a basis for understanding real competition among businesses, and also to analyse government industrial policy.

The second part of the course includes topics such as models of production; clusters and competitiveness; the economics of innovation; and issues on innovation policy and firm based innovation processes.
Learning Outcomes By the end of the module students should be able to:
  • explain theories of firms and industries including competition, monopoly, oligopoly and collusive behaviour (bringing in elementary game theory and also advertising theory)
  • demonstrate ability to employ analytical arguments more generally to explain these theories
  • develop a critical understanding the economic environment of firms’ decision making in terms of modes of production and innovation
  • demonstrate an ability to appreciate and critically assess the role of Government in issues related to competitiveness and innovation.
Assessment 26606-01 : Exam : Exam (Centrally Timetabled) - Written Unseen (100%)
Assessment Methods & Exceptions 2 hour exam worth 100%
Other Duplicate version of this module delivered in Dubai: 07 30470
Reading List