Programme And Module Handbook
 
Course Details in 2021/22 Session


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Module Title LI Business, Economy and Government
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 08 32101
Module Lead
Level Intermediate Level
Credits 20
Semester Semester 2
Pre-requisites
Co-requisites
Restrictions None
Exclusions
Description The main aim of this module is to enable students to understand and critically assess the economic and political context within which businesses operate.

It begins by looking at the institutional architecture of the governments of the UK, the EU and at international scales before looking at the state of the UK, EU and global economy, to enable students to understand the economic and political context within which business operates and the issues facing governments in the UK and other countries.

The module then turns to look at theories explaining the spatial distribution of economic activity: It asks what is globalisation? What is regionalisation? What is meant by agglomeration, Milieux and clusters? Is it ‘one world’ or is the world divided into regional blocs? Is proximity important to businesses for innovation and in achieving competitive advantage?

The final part of the module takes a critical overview of three different economic theories which embody a different view on how economies work. These shape economic and industrial policies needed to secure the development of businesses, economic growth, competitiveness and prosperity. It asks: Which is the most appropriate policy model to address the problems we face?

Learning Outcomes By the end of this module students should be able to;
  • Demonstrate knowledge of the governance structure of the UK and European Union and to have an awareness of international economic institutions
  • Assess the current state of the British, European and international economy
  • Understand why the geography of production matters
  • Construct a critical analysis of the relationship between economic theories and government policies for the development of businesses, economic growth and prosperity
Assessment
Assessment Methods & Exceptions Assessment: one x2500 word essay (50%) and two x1250 word briefing notes (25% each)
Assessment: One x3000 word essay
Other
Reading List