Modules

Core Module Information
Module title: Business Economics and Finance in a Global Environment
SCQF level: 11:
SCQF credit value: 20.00
ECTS credit value: 10
Module code: SOE11146
Module leader: Alina Gavris
School The Business School
Subject area group: Management
Prerequisites

There are no pre-requisites for this module to be added
Description of module content:

This module will teach you the most essential analytical tools required for economic decision makingsuch as: the concepts of economic systems, profit and utility maximisation, demand elasticity, marketequilibrium, market structures, macroeconomic objectives, government policies (monetary, fiscal andtrade policies) tools and their impact on businesses. You will also learn how to evaluate theadvantages and disadvantages to the business of a range of sources of finance, how managers reporton the financial affairs and financial position of the business, and how to analyse financial reports inorder to evaluate business performance.
Learning Outcomes for module:

Upon completion of this module you will be able to

LO1: Analyse various types of market structures in which companies operate.

LO2: Comparatively analyse major macroeconomic indicators and establish their impact on an international firm’s economic activity.

LO3: Critically evaluate the effects that macroeconomic and trade policies have on an international company’s economic activity.

LO4: Critically evaluate the allocation and use of resources to achieve business goals.

LO5: Assess the advantages and disadvantages of a range of sources of business finance.

LO6: Evaluate a range of theories on the formulation, communication and use of financial reports.
Full Details of Teaching and Assessment
2024/5, Trimester 1, In Person,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: In Person
Location of delivery: CRAIGLOCKHAR
Partner:
Member of staff responsible for delivering module: Alina Gavris
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Practical classes and workshops 20 You will work in groups and/or individually on specific assessment related tasks
Online Guided independent study 160 You will study the relevant theoretical and empirical literature and work to complete your assignments by following the instructions provided in guiding documents.
Face To Face Lecture 20 The major economics and finance theories and concepts will be covered.
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Report 50 1~2~3 Week 7 , WORDS= 2500 words An analysis of the micro and macro economic environment for a company with global operations using secondary data and information.
Report 50 4~5~6 Exam Period , WORDS= 2,500 words You will select a company of your choice from the FTSE 100 and use the most recent annual report and accounts for the company to examine and assess its financial performance. Based on this assessment, you will evaluate whether this company is a good investment prospect or should you invest in an alternative company in the same sector
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Indicative References and Reading List - URL:
SOE11146 - Business Economics and Finance in a Global Environment
 

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