Business Economics
| Code | School | Level | Credits | Semesters |
| BUSI4541 | Nottingham University Business School China | 4 | 20 | Autumn China |
- Code
- BUSI4541
- School
- Nottingham University Business School China
- Level
- 4
- Credits
- 20
- Semesters
- Autumn China
Summary
Key concepts of Business Economics; Markets; Firms & Market Power; Market Structure & Government Policy ; Government Intervention ; International Trade ; International Capital & other Factor Flows ; The Macroeconomic Environment; Balance of Payments & Forex ; Macroeconomic Policy
Target Students
Business School MSc students subject to compliance with module choice requirements, as listed in the degree programme specification. In addition, other MA/MSc students subject to the discretion of the Director of MSc Programmes
Classes
- Two 2-hour lectures each week for 11 weeks
Assessment
- 25% Coursework 1: Individual Coursework (1,500 word essay).
- 75% Exam 1 (2-hour): 2 Hour Examination.
Educational Aims
To provide students who may have no previous training in economics with a knowledge and understanding of key economic concepts and tools of analysis relevant to the student of business.Learning Outcomes
Learning Objectives & Outcomes Please tick all that apply - including at least one under each heading Knowledge and understanding: This module develops a knowledge and understanding of:
The dynamics of the global economy and international business &/or an awareness of cultural, legal/regulatory, political, and economic differences across countries &/or an appreciation of management issues from a global perspective. Markets - the development and operation of markets for resources, goods and services
The importance of sustainability issues, including an understanding of the challenges and opportunities arising from the activities of people and organisations on the economic, social and environmental conditions of the future.
Intellectual Skills: This module develops:
Being able to think critically and be creative: manage the creative processes in self and others; organise thoughts, analyse, synthesise and critically appraise. This includes the capability to identify assumptions, evaluate statements in terms of evidence, detect false logic or reasoning, identify implicit values, define terms adequately and generalise appropriately
Being able to solve complex problems and make decisions: establish criteria, using appropriate decision-making techniques including identifying, formulating and solving business problems; and the ability to create, identify and evaluate options; the ability to implement and review decisions
Using information and knowledge effectively in order to abstract meaning from information and to share knowledge, including the use of quantitative skills
The importance of sustainability issues, including an understanding of the challenges and opportunities arising from the activities of people and organisations on the economic, social and environmental conditions of the future.
Intellectual Skills: This module develops:
Being able to think critically and be creative: manage the creative processes in self and others; organise thoughts, analyse, synthesise and critically appraise. This includes the capability to identify assumptions, evaluate statements in terms of evidence, detect false logic or reasoning, identify implicit values, define terms adequately and generalise appropriately
Being able to solve complex problems and make decisions: establish criteria, using appropriate decision-making techniques including identifying, formulating and solving business problems; and the ability to create, identify and evaluate options; the ability to implement and review decisions
Using information and knowledge effectively in order to abstract meaning from information and to share knowledge, including the use of quantitative skills
Conveners
- Dr Marina Glushenkova
Last updated 09/01/2025.