BUSI45N15: MANAGING IN THE GLOBAL ENVIRONMENT (TAUGHT)

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• MANAGING IN THE GLOBAL ENVIRONMENT (ONLINE)

• To enable students to acquire and demonstrate a specialist knowledge and understanding of those elements of economic analysis that are relevant for managing in the global economy.
• To develop students skills in the application of economic analysis in business decision making and planning.
• To develop in students a critical understanding of key economic aspects of the global business environment and the impact of changes in that environment at national and international levels.

• Micro foundations for managing in the Global Environment.
• Macro foundations for managing in the Global Environment.

Subject-specific Knowledge:

• By the end of this module, students should have a specialised knowledge and understanding of:
• the underlying fundamentals of the market system;
• the importance of, and interaction between demand, costs and prices at the level of the firm and the market;
• the inter-relationship between the competitive environment and business decisions;
• the macro-economic environment, at national and global level;
• the internationalisation of firms and multinational activity;
• the skills required to appreciate the highly complex nature of the economic system within which business operates;
• the importance of corporate and social responsibility, including the sustainability of economic activity, both at micro and macroeconomic level.

Subject-specific Skills:

• By the end of this module, students should:
• be able to apply their economic understanding in management decisions in the global context;
• have practised problem solving and analytical skills in relation to managing in the global environment.

Key Skills:

• Written communication; planning, organising and time management; problem solving and analysis; using initiative; computer literacy.

• Learning outcomes will be met through a combination of taught input, groupwork, case studies and discussion, supported by guided reading and specially-written self-study material.
• The summative assessment of the module is designed to test the acquisition and articulation of knowledge and critical understanding, and skills of application and interpretation within the business context.

Classroom-based exercises involving individual and group analyses and presentations on specific business situations/problems relevant to the learning outcomes of the module. Oral and written feedback will be given on a group and individual basis as appropriate.

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