BUSI48715: MANAGING IN THE GLOBAL ENVIRONMENT (FT)

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• Acquire and demonstrate a specialist knowledge and understanding of those elements of economic analysis that are relevant for managing in the global economy.
• Develop skills in the application of economic analysis in business decision making and planning.
• Develop 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:

• Upon successful completion of the module, the students will:
• 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.
• Be able to appreciate the highly complex nature of the economic system within which business operates.
• Have developed a critical understanding of the importance of corporate and social responsibility, including the sustainability of economic activity, both at micro and macroeconomic level.

Subject-specific Skills:

• Upon successful completion of the module, the students will:
• 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 lectures, groupwork, case studies and discussion, supported by guided reading.
• The summative assessment of the module, by written examination, will test students acquisition and articulation of knowledge and their ability to apply what they have learned in a particular context.

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