Undergraduate Programme and Module Handbook 2005-2006 (archived)

Module ECOS2131: MACROECONOMICS AND INTERNATIONAL FINANCE FOR BUSINESS

Department: ECONOMICS FINANCE AND BUSINESS (BUSINESS FINANCE) [Queen's Campus, Stockton]

ECOS2131: MACROECONOMICS AND INTERNATIONAL FINANCE FOR BUSINESS

Type	Tied	Level	2	Credits	20	Availability	Available in 2005/06	Module Cap	None.	Location	Queen's Campus Stockton

Tied to	N200
Tied to	N420

Prerequisites

All Level 1 Business Finance modules.

Corequisites

All Level 2 core Business Finance modules.

Excluded Combination of Modules

None.

Aims

To develop knowledge and understanding of international macroeconomic analysis; and develop knowledge and critical understanding of macroeconomic performance and its importance for the business community.

Content

Understanding the macroeconomic context
Economic Growth: capital accumulation and endogenous growth
Technological progress
Labour markets
International trade and globalisation
Fiscal policy and the role of government
money and inflation
Exchange rates
Business cycles
Stablisation policy

Learning Outcomes

Subject-specific Knowledge:

By the end of this module students should:
Have knowledge and understanding of essential components of international macroeconomics

Subject-specific Skills:

By the end of this module, students should:
have had the opportunity to use principles of macroeconomics and international finance to analyse issues relevant to the business community

Key Skills:

Written communication - through summative assessment.
Planning, Organisation and Time Management - e.g. by preparing summative assignment, observing strict deadlines for the submission of work; preparing for examinations.
Problem Solving and Analysis - e.g. through addressing questions requiring the identification of relevant issues and principles and the use of critical thinking in assessed work.
Computer Literacy and Information Retrieval - e.g. by word processing summative assignment

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

Teaching is by lectures, tutorials and support for student-centred learning. Learning takes place through attendance at lectures, preparation for and participation in tutorial classes and private study (inlcuding student-centred learning). Formative assessment is by means of one piece of written work of 1200 words. Summative assessment is by means of an unseen written examination of one and a half hours duration plus one essay of 2500 words.

Teaching Methods and Learning Hours

Activity	Number	Frequency	Duration	Total/Hours
Lectures	19	1 per week	1 hour	19
Seminars	8	4 per term	1 hour	4
Revision Lectures	3	3 in term 3	1 hour	3
Preparation and Reading				174
Total				200

Summative Assessment

Component: Examination		Component Weighting: 60%
Element	Length / duration	Element Weighting	Resit Opportunity
one one-and-a-half-hour examination		100%
Component: Essay/Case Study		Component Weighting: 40%
Element	Length / duration	Element Weighting	Resit Opportunity
one essay of up to 2500 words		100%

Formative Assessment:

One piece of written work of not more than 1200 words.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University