Module BUSI4ZM15: ECONOMIC POLICY AND MARKETS

Department: Business School (Business)

BUSI4ZM15: ECONOMIC POLICY AND MARKETS

Prerequisites

• None

Corequisites

• None

Excluded Combination of Modules

• Financial Management and Accounting: BUSI53E15

Aims

• To extend and develop the economic and financial knowledge relevant to experienced managers.
• To build the functional, managerial and analytical competencies that will contribute to personal and professional development and to the enhanced performance of managers within the context of their employment.

Content

• Resource and financial efficiency; the current economic context and the forces driving change; factors affecting relevant supply and demand functions.
• Factors influencing output, employment, prices, saving and investment.
• Market structure and trends in relevant economies.
• Monetary policy, regulation and key sub-market sectors.

Learning Outcomes

• Have a clear understanding of the current structure of the European banking and financial services sector, and of the forces that are driving change.
• Have a critical appreciation of the key principles, concepts and scope of monetary policy relevant to their own and other organisations.
• Have an advanced understanding and capability to analyse the structure and performance of key markets.

• Be able to apply techniques of analysis to the structure and performance of key resource markets.
• Be able to select and use appropriate macro economic concepts and analytical techniques.
• Be able to communicate effectively in specialist internal subject groups.

• Be able to organise data, perform analyses, and present conclusions at an advanced level.
• Be able to think critically and creatively.
• Be able to develop a line of enquiry and analysis.
• Be able to learn through reflection, practice and experience.
• Be able to think independently to discriminate and to use judgement when considering complex situations.
• Be able to work collaboratively in a constructive way.
• Have enhanced self-awareness, time management and the ability to work constructively in self-directed teams.
• Be able to make effective use of information technology.

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

• The learning outcomes will be met through a combination of lectures, seminars, facilitated discussion sessions, role play and other simulations, and guided reading. All sessions have a high participation element, and an emphasis on action-learning.
• Assessment of this module is by summative assignment, designed to: test the acquisition and articulation of knowledge; test conceptual understanding and skills of application and interpretation within the business context.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment:

Feedback on group and individual activities undertaken during contact hours. Feedback on learning set reflections and action points related to this module.

■ 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