Modules

• Year 1

  Core Modules

  The Economy (40 credits)

  ×

  The Economy

  Overview

  The Economy is the title of our new CORE (Curriculum Open-access Resource for Economics) module for Level 1. CORE is the result of a huge global collaboration to change the way introductory economics is taught; to ensure it is student-centred and motivated by real-world problems and real-world data. The module focuses throughout on evidence on the economy, from around the world, and from history. It is motivated by questions — how can we explain what we see? The method is to ask interesting questions first and then to introduce models that help to answer them. Standard tools such as constrained optimization are taught – CORE covers the ground covered by traditional economics principles modules and much, much more – by showing how they give insight into real-world problems. Economics as a discipline is set in a social, political, and ethical context in which institutions matter.
  
  The module starts with a big picture analysis of how the global economy came to look as it does today. It goes on to consider economic decision making of single actors; economic relationships and interactions; markets, their dynamics, and how they work (or may not work); and the aggregate economy in the short, medium and long runs. The module concludes by applying economic understanding to one or more key global issues such as globalization, inequality, or environmental sustainability and collapse.

  Learning Outcomes

  Successful completion of the module will enable students to understand:
  
  - The reach of economics and its place in the wider social sciences;
  - How to interpret relevant evidence and apply relevant economic theory to help answer a variety of economic and social questions;
  - How to critically evaluate the application of models in economics to real-world questions and policy issues;
  - The key aspects of the historical development of the global economy and its contemporary nature.

  Skills

  Subject-specific skills
  
  The ability to construct arguments and exercise problem solving skills in the context of real-world economic and social questions; the ability to construct, interpret and critically evaluate economic models of behaviour; the ability to apply economic models and concepts to real world questions; the ability to understand, evaluate and commentate on the economy and on economic and social policy.
  
  Cognitive and transferable skills
  
  Problem solving, logical reasoning, independent enquiry, critical evaluation and interpretation, self-assessment and reflection, synthesising information from a variety of sources, written and verbal communication, organisation and time management.

  Coursework

  50%

  Written

  50%

  Practical

  0%

  Stage/Level

  1

  Credits

  40

  Module Code

  ECO1013

  Teaching Period

  Both

  Duration

  24 weeks

  Pre-requisite

  No

  Core/Optional

  Core

  Quantitative Methods (20 credits)

  ×

  Quantitative Methods

  Overview

  This course builds on the Mathematics taught at GCSE level or an equivalent level. The course is taught paying particular attention to the solving of economic problems and relating these to applications to the real world. There are two parts in the module.
  
  The first part covers mathematical techniques required to solve applied economic problems. It begins with a revision of basic algebraic methods. These ideas are then further developed to cover more advanced mathematical concepts including linear and non-linear functions; single variable calculus and calculus of several variables.
  
  The second part covers basic statistical methods used by economists and other social scientists. This will include data presentation, descriptive statistics, basic regression analysis, time series and elementary probability theory. Students will also be taught how to use Excel to perform basic statistical analysis.

  Learning Outcomes

  On the successful completion of the module students will be able to:
  
  1. Know what is meant by a function.
  2. Use calculus methods to solve basic economic problems such as profit maximization.
  3. Use calculus to locate the maxima and minima for functions of several variables.
  4. Use descriptive statistics to present data.
  5. Know what is meant by a probability distribution.
  6. Perform basic regression analysis and time series forecasting.
  7. Exhibit transferable skills of problem solving, numeracy and the communication of mathematical concepts.

  Skills

  The aim of this module is to give students a basic working knowledge of the mathematics and statistics that is needed in the quantitative and non-quantitative level 2 and level 3 modules. The primary focus of the module is to provide the basic tools to solve practical, applied problems.

  Coursework

  0%

  Written

  100%

  Practical

  0%

  Stage/Level

  1

  Credits

  20

  Module Code

  ECO1009

  Teaching Period

  Spring

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Core

  Organisational Behaviour (20 credits)

  ×

  Organisational Behaviour

  Overview

  Organisations of one form or another play an important part of society and serve many important needs. They vary greatly in size, complexity and the activities they undertake. To achieve organisational goals people working in organisations have to be managed. The module explores three key areas. Firstly, the factors that influence individuals such as personality, attitudes, perception, motivation, learning, communication and job satisfaction. Secondly, the factors that influence the nature of groups and teams and the importance of leadership. Thirdly, the module explores the nature of organisations by analysing issues such as goals, structure, design, control, culture and development.

  Learning Outcomes

  Upon successful completion of the module students should be able to:
  
  1 Understand a range of factors that influence the behaviour of individuals in organisations such as personality, perception, communication, motivation and learning.
  2 Understand a range of factors that influence the behaviour and development of groups and teams in organisations and be aware of the nature of leadership.
  3 Understand the nature and complexity of organisations by exploring issues such as goals, strategy, structure, design, control and development.
  4 Possess an awareness of the changes that continually impact on individuals and groups and influence the nature of organisations.
  5 Apply the learning acquired to other elements of the degree programme.

  Skills

  • Critically evaluate information and its veracity in relation to organisational behaviour
  • Apply logic and reasoning to scenario based situations and problem solving
  • Communicate ideas, critique theoretical frameworks and discuss their strengths and shortcomings in a range of business environments. Communication will be in both written and presentational forms
  • Use ICT software effectively
  • Work both independently (summative assessment) and in groups (formative assessment)
  • Manage own time and workloads effectively
  • Pursue independent enquiry

  Coursework

  60%

  Written

  0%

  Practical

  40%

  Stage/Level

  1

  Credits

  20

  Module Code

  MGT1009

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Core

  Financial Institutions and Markets (20 credits)

  ×

  Financial Institutions and Markets

  Overview

  Theory of money. Monetary Union. The theory of financial intermediation. Operational structure and operations of the Central Bank. Banking regulation. Other non-bank financial intermediaries. An introduction to the stock market. An introduction to the bond market. An introduction to money markets.

  Learning Outcomes

  Understand the economic functions and workings of financial institutions and markets. Understand the financial intermediation process.

  Skills

  Have a general understanding of financial institutions and markets. Have an understanding of elementary financial ratios and terms as applied in the stock, bond and money markets. Be able to access relevant financial information from publications such as the Financial Times.

  Coursework

  25%

  Written

  75%

  Practical

  0%

  Stage/Level

  1

  Credits

  20

  Module Code

  FIN1001

  Teaching Period

  Spring

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Core

  Accounting (20 credits)

  ×

  Accounting

  Overview

  Use of accounting information in business: the balance sheet, income statement and cash flow statement, and introduction to ratio analysis; introduction to: costing, accounting for overheads, budgeting, variance analysis and contribution analysis.

  Learning Outcomes

  Students should be able to:
  
  appreciate the purposes for which accounting information is used in business;
  understand how that information is gathered, processed, and presented;
  use quantitative and qualitative techniques to aid problem solving;
  demonstrate development of technical skills in preparing and interpreting basic accounting information

  Skills

  Students should be able to develop their:
  IT and electronic-based learning skills;
  independent learning skills;
  time-management skills

  Coursework

  0%

  Written

  80%

  Practical

  20%

  Stage/Level

  1

  Credits

  20

  Module Code

  ACC1002

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Core

• Year 2

  Core Modules

  Data Analysis and Optimisation (20 credits)

  ×

  Data Analysis and Optimisation

  Overview

  This level-2 module introduces a selection of introductory methods used to analyse data used in business and economics, such as regression analysis, optimization and project management. Statistical software (Stata and Excel) will be used in tutorials to illustrate concepts presented in lectures. Students are expected to use the knowledge gained in lectures and tutorials to perform their own data analysis project as part of a team. This module remains accessible to students without a strong statistical background, as long as they are open to learning how to read and interpret basic statistics. Tutorials, group presentations and group projects in addition to traditional lectures are essential parts of this module as it focuses on practice and applications of quantitative methods used in business. Upon completion, successful students are expected to understand and use these methods and to improve their skills concerning problem solving, verbal and written presentation, computer utilization, and working as a group.

  Learning Outcomes

  1. The student will gain the necessary skills to use business data to make forecasts.
  2. The student will gain knowledge and understanding of several optimisation techniques used in business and elsewhere for decision and policy making.
  3. The student will be able to formulate several classes of business problems analytically and to solve them, with a good grasp of the various stages involved and the implications of underlying assumptions in a practical context.
  4. The student will supplement his or her computing skills by using Excel.

  Skills

  Exercise solving, computing skills, the adoption of a quantitative approach to practical problems encountered in business.

  Coursework

  40%

  Written

  50%

  Practical

  10%

  Stage/Level

  2

  Credits

  20

  Module Code

  ECO2023

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Core

  International Business (20 credits)

  ×

  International Business

  Overview

  The module provides a wide perspective on decision-making in international business, taking into account the cultural, economic, legal and political factors that make international business different from purely domestic activities.

  Learning Outcomes

  On successfully completing this module, the students are expected to be able to:
  1. demonstrate a critical understanding of how international business is affected by key factors such as culture, politics, economics, environment and ethical considerations;
  2. integrate information on these key factors in preparation for decision-making in international business;
  3. apply the understanding of these key factors to a range of specific decision-making situations in international business

  Skills

  On completing the module, students should have improved their skills in three areas:
  1. Improved personal transferable skills:
  By promoting class discussions the module's tutorials advance the social and collaborative competencies; verbal communication and presentation skills. Individual study requirements and the assignment develop the analytical reasoning, information search and management, and written communication skills of the student.
  2. New subject specific skills: Ability to apply relevant theories and concepts to the analysis and interpretation of case study examples and real world managerial dilemmas in international business.
  3. General conceptual skills:
  By exploring the dilemmas linked to managing in a global business environment the module enhances student problem-solving and analytical competencies. The general philosophy of the module is to encourage critical thinking and higher learning.

  Coursework

  100%

  Written

  0%

  Practical

  0%

  Stage/Level

  2

  Credits

  20

  Module Code

  MGT2011

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Core

  Managerial Economics (20 credits)

  ×

  Managerial Economics

  Overview

  Managerial Economics is concerned with the application of economic principles and methodologies to the decision-making process inside corporations and other organisations operating under conditions of risk and uncertainty. Students acquire a solid foundation in key analytical tools: game theory, transaction costs, information asymmetries and the principal-agent problem. These tools are used to understand organisational architecture: the assignment of decision rights within organisations, the methods of incentivising individuals, and the structures and systems used to evaluate the performance of individuals and business units. This module draws on material from allied academic fields, including personnel economics, behavioural economics, financial economics and business history.

  Learning Outcomes

  • Students will gain a better understanding of the functioning of economic agents under conditions of risk and uncertainty.
  • Students will acquire detailed knowledge about the economics of the firm, including the specific role of information, property rights and transaction costs.
  • Students will become familiar with key issues facing the owners, managers and employees of business organisations, including how these issues change with the external economic environment.
  • Students will learn how to identify, describe, analyse and solve a selection of real-world problems in managerial economics.

  Skills

  Skills gained include: logical reasoning and problem solving, working effectively in groups, and written and verbal communication skills.

  Coursework

  100%

  Written

  0%

  Practical

  0%

  Stage/Level

  2

  Credits

  20

  Module Code

  ECO2009

  Teaching Period

  Spring

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Core

  Macroeconomic Policy and Performance (20 credits)

  ×

  Macroeconomic Policy and Performance

  Overview

  The course opens with a brief tour of the global economy. This is followed by a discussion of the meaning and measurement of the main macroeconomic variables: output, unemployment, inflation and growth. The goods and financial markets and the concept of macroeconomic equilibrium are introduced. The IS/LM model is used to analyse the effectiveness of fiscal and monetary policy in the medium term. Aspects of the labour market are then considered followed by the introduction of the aggregate demand and aggregate supply model. The final third of the course is devoted to a discussion of factors contributing to the long run growth of the economy. The topics covered include: the Solow model of economic growth; growth accounting; factors contributing to total technological change and total factor productivity and the role and regulation of foreign direct investment.

  Learning Outcomes

  Knowledge and Understanding
  On completion of the course, students should have greater familiarity with salient features of the macroeconomic environment. They should understand the main determinants of aggregate output in a monetary economy in the short, medium and long-run. They should have an understanding of the factors contributing to growth and development as well as to fluctuations in macroeconomic performance. Students should understand government’s role in the economy and be able to analyze the effect of different policy interventions.

  Skills

  Intellectual Skills
  
  Students will gain knowledge and understanding of aspects of macroeconomic theory and development theory. They will become aware of competing views on the role of governments and markets. They will develop the ability to search for and interpret empirical evidence and bring it to bear on policy issues. They will gain experience in weighing evidence, developing policy options and outlining the pros and cons of these options.
  
  Practical Skills
  Students will develop their oral and written communication skills as well as their awareness of how economic policy can impact on business.

  Coursework

  40%

  Written

  60%

  Practical

  0%

  Stage/Level

  2

  Credits

  20

  Module Code

  ECO2002

  Teaching Period

  Spring

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Core

  Optional Modules

  Leading for Change (20 credits)

  ×

  Leading for Change

  Overview

  The module uses contemporary theories and models of leadership in organization to study how leaders influence organizational effectiveness. Students will lean to apply the theoretical perspectives or models to study how leaders develop future vision, and how they motivate, manage and change people and organization to achieve the vision. The module will provide a wide knowledge on a number of major perspectives on organizational leadership. These perspectives include leadership behaviours, leading and managing organizational change, contingency theories of effective leadership, leading teams, ethical practices, transformational leadership, leading cross cultural activities, strategic leadership and leadership development.

  Learning Outcomes

  Successful completion of the module will enable students to:
  1) analyse and apply the theories and models that underpin organizational leadership
  2) demonstrate a critical understanding of how managers establish relationship with peers, and manage and motivate the performance of their subordinates
  3) Understand the role of leaders in shaping and changing organizational structure and culture.
  4) Explore how leaders develop an organization’s future vision and achieve it by aligning the organization and motivating people.
  5) Apply different leadership and decision making strategies to achieve superior organizational performance.

  Skills

  The module aims to provide a theoretical and practical understanding of the core characteristics associated with leadership, and its effect on contemporary business situations. It will also provide an opportunity for students to develop leadership and management skills.

  Coursework

  40%

  Written

  60%

  Practical

  0%

  Stage/Level

  2

  Credits

  20

  Module Code

  MGT2019

  Teaching Period

  Spring

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  The Digital Business (20 credits)

  ×

  The Digital Business

  Overview

  Technology continues to transform the way business is conducted. New and emerging technologies such as cloud computing, social media, the internet of things or big data present as many challenges as opportunities for organisations and their stakeholders. This module explores these challenges and opportunities and examines the use of digital business models in enhancing organisational competitiveness.

  Learning Outcomes

  Successful completion of the module will enable students to:
  
  Understand the role and strategic nature of digital technology in organisations
  
  Understand and analyse digital-age business models
  
  Evaluate the role and impact of the digital business both nationally and internationally
  
  Critique the security and risk management issues facing organisations when adopting and implementing digital technology
  
  Critically analyse a range of case studies both theoretically and practically on the impact of technology in business.

  Skills

  This module introduces students to the role and impact of technology in business both strategically and operationally.

  Coursework

  100%

  Written

  0%

  Practical

  0%

  Stage/Level

  2

  Credits

  20

  Module Code

  MGT2018

  Teaching Period

  Spring

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Human Resource Management (20 credits)

  ×

  Human Resource Management

  Overview

  This module explores a number of themes which include: managing human resources; trends in human resource management; providing equal employment opportunity and a safe workplace; recruiting human resources; selecting employees and placing them in appropriate jobs; training employees; managing employee performance and pay; providing employee benefits; collective bargaining and labour relations; managing human resources globally.

  Learning Outcomes

  At the end of the module, students should be able to analyse and evaluate the role, responsibilities and functions of human resource management in today's organisations and the challenges human resource managers face. Students should also be able to understand and appreciate the ethical issues in human resource management and to critique not only how human resource management contributes to an organisation's performance, but also the types of skills needed for effective human resource management.

  Skills

  The module aims to develop the intellectual and practical skills of the student in acquiring, analysing, interpreting and understanding current human resource management issues by introducing them to the theoretical concepts and principles underpinning the effective management of human resources in a variety of organisational contexts. Students will be encouraged to work independently and in groups to improve their own learning and to provide solutions to human resource problems.

  Coursework

  60%

  Written

  0%

  Practical

  40%

  Stage/Level

  2

  Credits

  20

  Module Code

  MGT2013

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Operations Management (20 credits)

  ×

  Operations Management

  Overview

  This course develops the major themes of Operations Management within both manufacturing and service organisations. The primary objective is to familiarise students with the basic concepts, techniques, methods and applications of operations management. Topics include operations strategy, facility layout, process choice, capacity management, quality management and supply chain management. Contemporary manufacturing philosophies such as World Class Manufacturing (WCM), Lean Production and Mass Customisation will also be covered.

  Learning Outcomes

  This module is designed to give the learner practical and theoretical knowledge of the intricacies of operations management and its link with the organisation's overall competitiveness. As such the course provides a broad overview to the whole subject area and explores the relationship between operations and other organisational activities including marketing, human resource management and finance.

  Skills

  Plan, conduct and report a piece of original research; synthesise, analyse and evaluate information from a variety of different sources; enhanced communication skills - both written and oral; team work; competent use of information technology (word-processing, PowerPoint, internet searches).

  Coursework

  40%

  Written

  60%

  Practical

  0%

  Stage/Level

  2

  Credits

  20

  Module Code

  MGT2005

  Teaching Period

  Spring

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Financial Decision Making (20 credits)

  ×

  Financial Decision Making

  Overview

  Financial Environment; Time Value of Money; The Investment Decision - Capital Budgeting; Risk and Return; Cost of Capital; The Financing Decision; Working Capital Investment; Introduction to Personal Finance.

  Learning Outcomes

  To promote an appreciation of how long term financial decisions are taken through an understanding of the concepts and principles involved.

  Skills

  To formulate procedures for problem solving within a financial environment. To understand the issues surrounding a company's investment and financing decisions.

  Coursework

  25%

  Written

  75%

  Practical

  0%

  Stage/Level

  2

  Credits

  20

  Module Code

  FIN2006

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

• Year 3

  Core Modules

  Quantitative Business Economics (20 credits)

  ×

  Quantitative Business Economics

  Overview

  The course covers a range of topics from sampling techniques, to description and visualisation of data, testing differences between samples and building empirical models to answer economically relevant questions, e.g. concerning the choices that consumers, households, firms, and other agents make under specific circumstances. Classroom exercises guide the students to understand the advantages and limitations of these models and confront the students with decisions in realistic environments. Statistical software will be used in tutorials to illustrate concepts presented in lectures. The module will also draw on case studies together with business datasets in order to analyse business choices and outcomes.

  Learning Outcomes

  Upon successfully completing this course, students will be able:
  1..to read published quantitative research in a critical manner, and thus be empowered to form independent judgement of the efficacy of research papers.
  2.To better understand research design in the social sciences, including forming relevant research questions, collecting appropriate data, choosing and implementing the correct quantitative methods, and drawing economic conclusions.
  3.To use statistical software to employ basic statistical methods to analyse data

  Skills

  By the end of this module, successful students will:
  1.Have a clear idea of methods of sampling from the population.
  2.Identifying and understand various types of statistics.
  3.Provide a visual/graphical presentation of data and understand source information.
  4.Understanding correlation analysis and relationship between variables.
  5.Understanding categorical variables and how to use them to model choices
  6.Analysing choices and analytically considering implications.

  Coursework

  100%

  Written

  0%

  Practical

  0%

  Stage/Level

  3

  Credits

  20

  Module Code

  ECO3039

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Core

  Economics of Corporate Strategy (20 credits)

  ×

  Economics of Corporate Strategy

  Overview

  A brief overview of theories of industrial and economic organization, contemporary theories of the firm, agency costs, evolutionary economics, transaction cost economics, incentives, entrepreneurship, mergers, hybrids, corporate governance, strategic management, competitive advantage.

  Learning Outcomes

  On completion of the module, students will have
  (1) developed an understanding of the key theoretical, empirical and case study methods in business economics as a way of understanding firms and industries;
  (2) developed an awareness of accepted theories which underpin how businesses are organized;
  (3) enhanced their capacity to structure an argument, to make points accurately and consistently;
  (4) become familiar with the relevant aspects of the business economics literature
  (5) developed an ability to interpret data, weigh evidence and draw policy conclusions from a range of sources.

  Skills

  Familiarity with theoretical and applied topics in modern business economics, oral and written communication skills, interpreting data, weighing evidence and drawing policy conclusions

  Coursework

  100%

  Written

  0%

  Practical

  0%

  Stage/Level

  3

  Credits

  20

  Module Code

  ECO3013

  Teaching Period

  Spring

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Core

  Optional Modules

  International Economics (20 credits)

  ×

  International Economics

  Overview

  International economics is a challenging and exciting sub-discipline of economics, which investigates the drivers and consequences of: (i) the international movement of goods and services; (ii) the international movement of money and capital; and (iii) the distributional consequences of these international transactions. This module will cover topics such as:
  
  - Which are the most influential theories of international economics?
  - What are empirically the most important drivers of international transactions?
  - Who benefits from international trade and why?
  - How can trade-induced inequalities be mitigated?
  - What are nominal and real exchange rates? What are their determinants? How do they influence international transactions?
  - What are the costs and benefits of different monetary systems, such as currency unions or fixed exchange rate systems?

  Learning Outcomes

  A course in international economics should help students gain a better understanding of a range of issues concerning the international transaction of goods, services and money. Specific learning outcomes for students include:
  
  - to gain a deeper understanding of both theory and empirical analysis in international economics, including international macroeconomics and international trade
  - to develop analytic skills, and be introduced to the main empirical methodologies used in international economics
  - to broaden students’ perspectives of the wide scope of international economics
  - to critically assess the often ambiguous evidence and real-life trade policy choices
  - to understand that well-meaning policies can have perverse unintended outcomes and that one must carefully think through the economic consequences.

  Skills

  Knowledge and understanding:
  Through this course, students should acquire a knowledge and understanding of:
  - the main theories of classical and contemporary international economics
  - increased awareness of distributional issues created by international trade
  - how the application of theory can help us understand the functioning of the world economy, and therefore predict the impact of government policies while taking into account country-specific contexts
  
  Intellectual skills:
  Through this course, students should be able to:
  - critically evaluate the main theories and concepts discussed in the course material
  - apply economic theories to a range of “real world” problems with specific reference to international economics.
  
  Practical skills:
  Through this course, students should develop:
  - an ability to evaluate and present an economic argument through continuous assessment.
  - a foundation in international economics that will be desirable for future employers in international institutions and (non-)governmental organisations that are concerned with analysing causes and consequences of international economic interaction, as well as policy and research.
  
  Study skills:
  Through this course, students should demonstrate and further develop the following skills:
  - research a wide range of relevant information
  - give effective presentations making use of appropriate information technology
  - write analytical essays based on sophisticated arguments.
  
  Transferable skills:
  Through this course, students should demonstrate and further develop the following transferable skills:
  - library and research skills, including time management
  - oral and written communication
  - presentation skills, including the use of appropriate information technology
  - group participation.

  Coursework

  50%

  Written

  0%

  Practical

  50%

  Stage/Level

  3

  Credits

  20

  Module Code

  ECO3036

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Environmental Economics (20 credits)

  ×

  Environmental Economics

  Overview

  The field of environmental economics informs policymakers of the policy levers required to efficiently guide society towards sustainable patterns of consumption. This module will provide students with a solid grounding on the theory and practice of environmental economics, focussing on climate change and the sustainable transformation of the energy system. Students will understand the economic rationale for a variety of alternative environmental policies, such as Pigouvian taxes. This module will cover the difference between theory and practice, outlining the policy experience in the UK, Ireland and Europe, and the role political and social constraints have in enacting effective environmental policy. Decarbonisation of electricity forms a central element of tackling climate change. Students will gain an understanding of how the single electricity market on the island of Ireland operates and will critically evaluate various decarbonisation policies. This module will also touch on issues such as behavioural economics when dealing with energy efficiency and consumer behaviour. As many well-meaning environmental policies have had counter-intuitive negative consequences, this module will empower students to fully engage with the costs and benefits of climate change interventions.

  Learning Outcomes

  1. To provide an understanding of the theory of Pigouvian taxation and to critically assess the means of implementing these policies.
  2. To critically evaluate environmental policy as enacted in the UK, Ireland and Europe.
  3. To understand the efficiency, equity and political economy trade-offs in environmental policy design
  4. To understand the economics of electricity markets and the efficiency and equity
  implications of various decarbonisation policies.
  5. To understand that well-meaning policies can have perverse unintended outcomes and that one must carefully think through the economic consequences.

  Skills

  Knowledge and understanding:
  Students should develop the economic rationale behind carbon taxation and the context for implementing different environmental policies. Students should understand how current environmental policies came to be and their economic and environmental impact. Students should understand how electricity markets operate. Energy and environmental economics touches on fields of game theory, behavioural economics and industrial organisation so students should develop an understanding of these fields also.
  
  Intellectual skills:
  Students should develop the ability to interrogate policies and to think through the economic consequences of a given measure. The ability to construct arguments on a solid economic foundations should be introduced to students.
  
  Practical skills:
  Students should develop an ability to evaluate and present an economic argument through continuous assessment assignments. Students should have a foundation in energy economics that will be desirable for future employers in industry, policy and research.
  
  Study skills:
  Students should develop the ability to critique an economic policy or argument. Students will work in groups when presenting their tutorial seminar, which should develop collaboration skills.

  Coursework

  25%

  Written

  50%

  Practical

  25%

  Stage/Level

  3

  Credits

  20

  Module Code

  ECO3037

  Teaching Period

  Spring

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Labour Economics (20 credits)

  ×

  Labour Economics

  Overview

  For most of us the labour market is arguably the most important market that we ever participate in: it’s where we spend a lot of our lifetime and is where most of the income that we spend on goods and services comes from. Labour economics helps us to understand this key market and our own place within it. Many social policy issues – poverty and inequality, unemployment, welfare benefits, education, migration – are also inextricably linked with the labour market. Labour economics helps us to gain a better understanding of these issues and the trade-offs faced by policy makers in trying to address them. The course is divided into 11 substantive topics as follows: an introduction to the labour market; labour supply; labour demand; compensating wage differentials; human capital; wage inequality; labour mobility; labour market discrimination; incentive pay; unions; unemployment.

  Learning Outcomes

  Knowledge and Understanding
  
  On successful completion of this module, students will have acquired an understanding of:
  
  • The theory and reach of labour economics;
  • How to apply relevant theory to a variety of labour market and social policy issues and contexts;
  • How quantitative methods can be used to analyse labour market and social policy issues;
  • How to critically evaluate the application of models and methods in labour economics to labour market and social policy issues.
  
  This module also provides opportunities for the student to acquire or enhance the following subject-specific skills:
  
  • The ability to construct arguments and exercise problem solving skills in the context of labour economics theory and its application;
  • The ability to comprehend and evaluate academic and policy literature related to labour economics and social policy;
  • The ability to construct, interpret and critically evaluate models of behaviour in labour economics;
  • The ability to apply economic models and concepts to real world questions;
  • The ability to understand, evaluate and commentate on economic and social policy;
  
  In addition, this module provides opportunities for the student to acquire or enhance the following cognitive and transferable skills:
  
  • Problem solving
  • Logical reasoning
  • Independent enquiry
  • Critical evaluation and interpretation
  • Self-assessment and reflection
  • Synthesising information from a variety of sources
  • Written and verbal communication
  • Organisation and time management

  Skills

  An understanding of the employment relationship and labour market economics.

  Coursework

  100%

  Written

  0%

  Practical

  0%

  Stage/Level

  3

  Credits

  20

  Module Code

  ECO3019

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Contemporary and Emerging Issues in Business and Management (20 credits)

  ×

  Contemporary and Emerging Issues in Business and Management

  Overview

  In today's rapidly changing and uncertain business environment, business leaders and managers need to be aware of emerging trends and issues and how these might impact the organisation both strategically and operationally.
  
  This module allows students to explore a range of contemporary and emerging issues under the broad umbrella of grand challenges and wicked problems. Thus, macro level and emerging global ‘issues’ such as those relating to, for example, to the United Nations’ Sustainable Development Goals (SDGs), modern day slavery, and (de)industrialisation may be discussed.
  
  Changing trends in consumer behaviour, the role and impact of working with diverse stakeholders will also be addressed.
  
  Given the uncertainty and operating in VUCA environments, topics such as organisational resilience and diversity will also be explored.
  
  Attention will be also be given to local and national issues and their impact (both positive and negative) on the internal business environment.

  Learning Outcomes

  Upon successful completion of the module students should be able to:
  
  Critically evaluate the role and meaning of grand challenges and wicked problems as applied to business and management
  
  Critically evaluate a range of contemporary and emerging issues in business and management nationally and internationally
  
  Analyse the potential (and actual) impact of these issues in a range of business environments
  
  Demonstrate knowledge and understanding of a range of relevant management theory and its application to contemporary and emerging issues in business and management.

  Skills

  • Critically evaluate information and its veracity in relation to the role and impact of emerging ‘issues’ in business and management
  • Apply logic and reasoning to scenario based situations and problem solving
  • Communicate ideas, critique theoretical frameworks and discuss their strengths and shortcomings in a range of business environments. Communication will be in both written and presentational forms
  • Use ICT software effectively
  • Work both independently (summative assessment) and in groups (formative assessment)
  • Manage own time and workloads effectively
  • Pursue independent enquiry

  Coursework

  100%

  Written

  0%

  Practical

  0%

  Stage/Level

  3

  Credits

  20

  Module Code

  MGT3034

  Teaching Period

  Spring

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Business Start Up (40 credits)

  ×

  Business Start Up

  Overview

  This module aims to provide students with the opportunity to discover first-hand what makes a business succeed or fail by creating a live, fully functioning business, in a team. You will find out what it takes to set up your own business and gain first-hand experience of managing
  “employees”, marketing, salesmanship, e-commerce, accounting, and other important skills

  Learning Outcomes

  At the end of this module students should be able to:
  1. Examine the fundamental aspects of business start-up in various contexts (business, social enterprise, sports club)
  2. Demonstrate an understanding of the key elements of the business planning process
  3. Construct and effectively communicate the business idea and business model

  Skills

  This module aims to provide students with the opportunity to discover first-hand what makes a business succeed or fail by creating a live, fully functioning business, in a team. You will find out what it takes to set up your own business and gain first-hand experience of managing
  “employees”, marketing, salesmanship, e-commerce, accounting, and other important skills

  Coursework

  55%

  Written

  0%

  Practical

  45%

  Stage/Level

  3

  Credits

  40

  Module Code

  MGT3031

  Teaching Period

  Both

  Duration

  24 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Economic History (20 credits)

  ×

  Economic History

  Overview

  This module covers various topics in the economic history of the world across the last 500 years. It is intended to complement other final year modules; accordingly it emphasises the application of microeconomic and macroeconomic theory to solve economics and social problems in their historical context. On completion, students should be able to consider how economic reasoning can be used to explain both major historical events and long-run historical processes. Applied economics which makes use economic history is also covered. Tutorials concentrate on the in-depth discussion of landmark papers, especially in the New Economic History tradition, and on country-specific material, especially on Britain and Ireland. Topics may include: Demographic Transition; Industrial Revolution; Financialization; Divergence and Convergence; Culture, Religion and Human Capital; Anthropometrics and Health; Famine and Migration; Capitalist versus Command Economies, Great Depression, Modern Consumerism.

  Learning Outcomes

  1. To acquaint students at an advanced undergraduate level with the field of economic history and historical economics, including its major sub-fields business history and financial history.
  2. To get students to appreciate the usefulness of historical enquiry within economics and the broader social sciences.
  3. To provide students with an awareness of the long-run economic history of the world economy across the last 500 years.
  4. To further develop students' understanding of important themes within economics, such as demographic transition, industrialisation, competing economic systems, and economic crises.
  5. To develop students' ability to critically read academic articles, interpret data, weigh evidence and draw conclusions from a range of sources, both quantitative and qualitative.
  6. To provide students with the requisite skills to identify and frame independent research.

  Skills

  Awareness of how economics can be applied to have a better understanding of the wealth and poverty of nations, oral and written communication skills, analytical skills, evaluating evidence, making judgments, essay writing skills.

  Coursework

  75%

  Written

  0%

  Practical

  25%

  Stage/Level

  3

  Credits

  20

  Module Code

  ECO3020

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Supply Chain Management (20 credits)

  ×

  Supply Chain Management

  Overview

  Themes include: Introduction to Supply Chain Networks; Lean and Agile Supply Chain approaches; Demand Management; Supply Management; Inventory Management; Supplier Selection and Assessment; Supplier Relationship Management; Supplier Development and Involvement; Supply Chain Risk Management; Sustainable Supply Chain Management.

  Learning Outcomes

  On completion of the module students will:
  - Understand the nature, scope and role of supply chain management in (and between) organisations.
  - Be able to identify and discuss the key issues that face supply chain managers as they make decisions.
  - Be able to understand and discuss the key concepts and theories involved in supply chain management.
  - Understand the importance of co-operative practices in supply chain activities and ways in which such practices may be achieved.
  - Have identified, reviewed and evaluated a specific topic on a contemporary supply chain management related issue.

  Skills

  The module is also designed so that students may enhance/develop the following skills and/or competencies (mainly through tutorial activities):
  - Team-working: ability to work in groups to discuss key concepts, provide solutions and develop key business-related interpersonal skills.
  - Analytical: ability to synthesise material and provide critical commentary.
  - Research skills: ability to formulate research questions, implement strategies for data gathering and present key findings.
  - Presentation and communication skills: written, oral as well as developing confidence in public speaking and addressing peers.

  Coursework

  100%

  Written

  0%

  Practical

  0%

  Stage/Level

  3

  Credits

  20

  Module Code

  MGT3013

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Business Ethics (20 credits)

  ×

  Business Ethics

  Overview

  This module on Business Ethics discusses and evaluates the ethical responsibilities of managers and organisations. It will explore themes/issues from multi-disciplinary and managerial perspectives and analyse tensions, conflicts, contradictions and dilemmas via case studies and class discussion. Topics that may be developed include: the role of ethical theories, the internal ethical environment (why and how do ethical dilemmas arise and how can they be resolved?); ethical issues with regard to employees (including whistleblowing, Codes of Ethics, corporate governance), ethics and consumers, ethics and social responsibility.

  Learning Outcomes

  By the end of the module, students should be able to: Evaluate the ethical responsibilities of organisations. Critique the core concepts of ethical thinking and ethical management practice. Evaluate the role of ethics in business, in local, national and international contexts. Analyse different ethical perspectives and theories that are used to guide decision making. Evaluate the rights, duties and responsibilities of, and relationships between, organisations and their internal (employee) and external stakeholders (customers, local and wider communities). Assess the relationship between business ethics and corporate social responsibility.

  Skills

  Synthesise, analyse, interpret and evaluate information from a variety of different sources. Apply critical thinking skills to a variety of different situations (through case study material, analysis of relevant policies and approaches, problem solving tasks). Plan, conduct and report a piece of original research (for continuous assessment). Communicate effectively (through essay writing, report writing and presentations). Work effectively as an individual and as part of a team (tutorial work, continuous assessment). Competent use of information technology.

  Coursework

  60%

  Written

  0%

  Practical

  40%

  Stage/Level

  3

  Credits

  20

  Module Code

  MGT3012

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Public Sector Management (20 credits)

  ×

  Public Sector Management

  Overview

  There can be little doubt that many changes have taken place in the way the public sector of the late 1990s and early 2000s has been managed. It is dominated by many underlying themes such as value-for-money, accountability, doing-more-with-less, customer focus and electronic government. This module attempts to unravel these key themes and discuss their importance to public sector management.

  Learning Outcomes

  To develop the intellectual and practical skills of the learner in the acquisition, analysis and interpretation and understanding of current issues relevant to managing in the public sector.

  Skills

  Intellectual (thinking skills) : - planning, conducting and writing reports; synthesising, analysing and interpreting information. Transferable skills: - individual and group work; oral and written communication; competent use of Information Technology; personal and interpersonal skills.

  Coursework

  100%

  Written

  0%

  Practical

  0%

  Stage/Level

  3

  Credits

  20

  Module Code

  MGT3018

  Teaching Period

  Autumn

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Public Economics (20 credits)

  ×

  Public Economics

  Overview

  The module concentrates on public expenditure and taxation issues. Following a review of the welfare basis for government intervention, the expenditure section focuses on public goods, externalities, public choice, equity and efficiency aspects of health care and education provision, and fiscal federalism. The taxation section considers issues of tax incidence and the effects of taxation on savings and labour supply. The optimal (direct and indirect) tax literature is reviewed.

  Learning Outcomes

  To develop the skills appropriate to an economic analysis of the role, and the effects of the government in market economies such as the UK and the Republic of Ireland. Students will be introduced to the concepts of economic efficiency and social justice and to the development of a framework which attempts to explain why the state produces and/or allocates some goods but leaves others to the private market. Furthermore students will be introduced to the theoretical and empirical issues of positive and optimal taxation.

  Skills

  The module will build on and reinforce the analytical skills of students and encourage them to think critically about the role of government in the economy.

  Coursework

  30%

  Written

  70%

  Practical

  0%

  Stage/Level

  3

  Credits

  20

  Module Code

  ECO3012

  Teaching Period

  Spring

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional

  Innovation Management (20 credits)

  ×

  Innovation Management

  Overview

  Successful innovation at the firm level is increasingly regarded as key to both productivity growth and enhanced competitiveness while also acting as a driver of economic growth. Innovation is considered crucial for firms’ survival while research has further demonstrated that innovating firms grow faster, have higher productivity and are more profitable than non-innovators. Innovation is, however, an uncertain process and the strategies and processes associated with innovation require a specific set of resources, skills and competencies. Generally, most firms do not have well developed or professionally managed innovation strategies and as a result, they fail to innovate and create new value. This module demonstrates the strategic imperative for innovation and analyses the innovation management function.
  
  This module provides an integrative view of the management of innovation, comprising industrial, organisational and managerial perspectives. In doing so, it aims to critically evaluate the main concepts, measures and indicators of innovation activity and to assess the importance of innovation to both individual businesses and the wider economy.

  Learning Outcomes

  At the end of this module students should be able to:
  
  • Explain and critically reflect on innovation and why it is crucial to competitive advantage and organisational success.
  
  • Conceptualise and critically explore the context and process of innovation management.
  
  • Analyse innovation management in a variety of organisations using examples from the world’s most innovative firms.
  
  • Critically evaluate innovation management and provide recommendations for change demonstrating appropriate judgement

  Skills

  In addition to the above this module provides opportunities for the student to develop the following cognitive and transferrable skills:
  
  
  • Ability to synthesise, analyse, interpret and evaluate information from a variety of different sources (academic literature, lecture material, quantitative and qualitative business and market information, government publications, web-sites, bibliographic searches).
  
  • Ability to apply critical thinking skills to a variety of different situations (through case study material, problem solving tasks).
  
  • Ability to apply conceptual and empirical tools to business scenarios and use appropriate techniques to present and analyse company data.
  
  • Effective communication (through essay writing, podcast creation and group discussion).

  Coursework

  100%

  Written

  0%

  Practical

  0%

  Stage/Level

  3

  Credits

  20

  Module Code

  MGT3011

  Teaching Period

  Spring

  Duration

  12 weeks

  Pre-requisite

  No

  Core/Optional

  Optional