See module specification for other years:
2017-182018-19
Module will run
Occurrence
Teaching cycle
A
Spring Term 2019-20
Module aims
This module aims to enable students to develop an understanding of economic approaches to management and the business environment. It explains the major related but different approaches to organisations and markets and illustrates the application of these approaches to organisational problems.
Module learning outcomes
· Understand the concepts of specialisation and co-ordination at local and global levels;
· Understand the main characteristics of standard microeconomic theory and key assumptions underlying microeconomic models;
· Demonstrate knowledge of the implications of behavioural theory, agency theory, game theory and transaction costs for economic decisions
· Demonstrate their knowledge of evolutionary approaches to organisations
· Critically evaluate the contribution of economics to strategic management
· Recognise how business behaviour is driven by economic theories and beliefs
Module content
Demonstrate their ability to conduct book research
Integrate research and business experience into their learning
Assessment
Task
Length
% of module mark
University - closed examination Management & the Business Environment: Economic Theory & Practice
3 hours
100
Special assessment rules
None
Reassessment
Task
Length
% of module mark
University - closed examination Management & the Business Environment: Economic Theory & Practice
3 hours
100
Module feedback
Students have the opportunity to do weekly quizzes for which they receive results and feedback via the VLE
Module assessment reports to students are written by the module leader for all assessments (open and closed) and placed on the VLE after the Board of Examiners has received the module marks.
The timescale for the return of feedback will accord with TYMS policy
Indicative reading
Douma S. and Schreuder H, Economic Approaches to Organizations, Prentice Hall/FT