Programme And Module Handbook
Course Details in 2022/23 Session

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Module Title LC Economics for Business
SchoolBirmingham Business School
Department Management
Module Code 07 31685
Module Lead Sami Bensassi
Level Certificate Level
Credits 20
Semester Semester 1
Restrictions None
Description This module provides students with an introduction to core micro and macro-economic theory and principles in a business context. It combines introductory micro and macroeconomics with cases/applications and examples to provide students with the ability to understand and analyse current and topical economics issues with relevance for business.
Learning Outcomes By the end of the module, students should be able to: By the end of the module students should be able to:
  • Demonstrate knowledge and understanding of the meaning of key microeconomic and macroeconomic concepts relating to supply and demand, market structure, costs and market failures, macroeconomic policy and international trade;
  • Apply diagrammatic analysis to demonstrate the broad principles involved in the microeconomic theory of markets and market failures and macroeconomic policy decisions;
  • Analyse real world cases and economic problems faced by individuals, business and governments using micro and macroeconomic principles and models;
  • Interpret and apply economic principles and models to understand and analyse the business and economic environment in which we live and work
Assessment 31685-01 : 2 hour mid-term class test : Class Test (50%)
31685-02 : 2 hour Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
Assessment Methods & Exceptions Assessments: 50% 2 hour mid-term class test; 50% 2 hour exam; Reassessment: Reassessment: 100% 2 hour exam
Reading List