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: Generic - Business School
Prerequisites

There are no pre-requisites for this module to be added

2018/9, Trimester 1, FACE-TO-FACE,
Occurrence: 001
Primary mode of delivery: FACE-TO-FACE
Location of delivery: CRAIGLOCKHAR
Partner:
Member of staff responsible for delivering module: Alina Gavris
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
You will be provided with a range of learning materials, which will include cases studies, numerical
exercises, data collection and analysis activities, together with core academic theory relating to the
topic. You will also be directed to a variety of electronic sources including books, journals, webbased
resources, to support your learning. You will also be encouraged to form your own
independent groups in order to study and achieve the module’s learning outcomes more effectively.

Formative Assessment:
You will be given the opportunity to engage in tutor-led activities and online tests to assess your own
knowledge and strengths and weaknesses in achieving the module learning outcomes. You will also
be given the opportunity to produce a practice report analysing business economics, business
finance and financial management issues.

Summative Assessment:
The first summative assessment will consist of a project on a business economics topic, covering the
analysis of market structures and economic activity (LO 1), macroeconomic factors (LO 2) and the
effects of government policy on commercial businesses (LO3).
The second summative assessment will cover LOs 4-6. You will be required to answer a class test
covering the analysis and communication of financial information (LO 6). You will then be required to
write a further report analysing business finance (LO 5) and the allocation of resources to achieve
business goals (LO 4).

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 24
Face To Face Tutorial 24
Independent Learning Guided independent study 152
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Project - Written 50 7 , WORDS= 2500
Class Test 20 11 HOURS= 1
Project - Written 30 14/15 , WORDS= 2000
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Description of module content:

This module will teach you the most essential analytical tools required for economic decision making
such as: the concepts of economic systems, profit and utility maximisation, demand elasticity, market
equilibrium, market structures, macroeconomic objectives, government policies’ (monetary, fiscal and
trade policies) tools and their impact on businesses. You will also learn how to evaluate the
advantages and disadvantages to the business of a range of sources of finance, how managers report
on the financial affairs and financial position of the business, and how to analyse financial reports in
order to evaluate business performance.

Learning Outcomes for module:

LO1: Analyse various types of market structures in which global companies operate and establish
their impact on firms’ economic activity
LO2: Analyse major macroeconomic indicators and establish their impact on a firm’s economic
activity
LO3: Critically evaluate the effects that government policies have on a 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 budgets and reports

Indicative References and Reading List - URL:

Please contact your Module Leader for details
Click here to view the LibrarySearch.