Core Module Information
Module title: Global Business Economics and Finance

SCQF level: 11:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: SOE11444
Module leader: Alina Gavris
School The Business School
Subject area group: Management
Prerequisites

N/A

Description of module content:

The large majority of businesses today operate in a variety of economic environments and their leaders must make economic decisions taking into account market specific information. This module covers 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 etc.
Businesses also require funding from shareholders and lenders at the outset and subsequently need to profits and positive cash flows for investment. They are in competition with other businesses for funding, just as much as they are competition for labour and market share. On this course, you will learn to evaluate the advantages and disadvantages to the business of a range of sources of finance. You will also learn how managers report on the financial affairs and financial position of the business and how financial reports can be analysed 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: Make judgments on the advantages and disadvantages of a range of sources of business finance
LO6: Evaluate a range of theories on the purposes and use of financial reports

Full Details of Teaching and Assessment
2022/3, Trimester 1, ONLINE, Edinburgh Napier University
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: ONLINE
Location of delivery: WORLDWIDE
Partner: Edinburgh Napier University
Member of staff responsible for delivering module: Alina Gavris
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
You will be provided with responsive, engaging and interactive online learning materials which will include a general introduction to the topic, how to study the module online, together with core academic theory relating to the topic. You will also be directed to a variety of electronic sources including e-books, e-journals and other web-based resources, to support your learning. A mix of activities such as reflective exercises, self-assessment questions for each unit will help to engage you in the learning process, and the online materials will encourage you to reflect on your own experiences and learning. You will also be encouraged to form your own independent groups and to interact via the VLE through discussion forums.

Formative Assessment:
At the end of each unit, an end of unit progress test provides formative assessment to test your subject knowledge which helps prepare you for the two summative assessments. There will be an additional timed test that will prepare you for the second summative assessment. Every week you will be supported via live academic sessions that will give an opportunity for you to receive formative feedback from peers and the module tutor. In weeks 1-6, these sessions aim to address LO1-3 (Economics) and in weeks
7-12, these address LO4-6 (Finance).


Summative Assessment:
There are two summative assessments, each worth 50% of the grade
1) An individual written assignment, which takes the form of a report, where you are asked to demonstrate your ability to access and analyse macroeconomic data for two countries of your choice, with the aim to evaluate comparatively the impact of the macroeconomic environment on the company’s economic activity in the two countries.
2) An individual written assignment, which takes the form of an essay, where you are asked to evaluate the relevance of financial performance measures and targets in assessing the ability of a commercial company to fulfil its corporate mission.


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Independent Learning Guided independent study 200
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Report 50 1-3 8 HOURS= 00.00, WORDS= 2500
Essay 50 4-6 14/15 HOURS= 00.00, WORDS= 2500
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100
2022/3, Trimester 2, ONLINE,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: ONLINE
Location of delivery: WORLDWIDE
Partner:
Member of staff responsible for delivering module: Alina Gavris
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
You will be provided with responsive, engaging and interactive online learning materials which will include a general introduction to the topic, how to study the module online, together with core academic theory relating to the topic. You will also be directed to a variety of electronic sources including e-books, e-journals and other web-based resources, to support your learning. A mix of activities such as reflective exercises, self-assessment questions for each unit will help to engage you in the learning process, and the online materials will encourage you to reflect on your own experiences and learning. You will also be encouraged to form your own independent groups and to interact via the VLE through discussion forums.

Formative Assessment:
At the end of each unit, an end of unit progress test provides formative assessment to test your subject knowledge which helps prepare you for the two summative assessments. There will be an additional timed test that will prepare you for the second summative assessment. Every week you will be supported via live academic sessions that will give an opportunity for you to receive formative feedback from peers and the module tutor. In weeks 1-6, these sessions aim to address LO1-3 (Economics) and in weeks
7-12, these address LO4-6 (Finance).

Summative Assessment:
There are two summative assessments, each worth 50% of the grade
1) An individual written assignment, which takes the form of a report, where you are asked to demonstrate your ability to access and analyse macroeconomic data for two countries of your choice, with the aim to evaluate comparatively the impact of the macroeconomic environment on the company’s economic activity in the two countries.
2) An individual written assignment, which takes the form of an essay, where you are asked to evaluate the relevance of financial performance measures and targets in assessing the ability of a commercial company to fulfil its corporate mission.


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Independent Learning Guided independent study 200
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Report 50 1-3 8 HOURS= 00.00, WORDS= 2500
Report 50 4-6 14/15 HOURS= 00.00, WORDS= 2500
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100
2022/3, Trimester 3, ONLINE,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: ONLINE
Location of delivery: WORLDWIDE
Partner:
Member of staff responsible for delivering module: Alina Gavris
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
You will be provided with responsive, engaging and interactive online learning materials which will include a general introduction to the topic, how to study the module online, together with core academic theory relating to the topic. You will also be directed to a variety of electronic sources including e-books, e-journals and other web-based resources, to support your learning. A mix of activities such as reflective exercises, self-assessment questions for each unit will help to engage you in the learning process, and the online materials will encourage you to reflect on your own experiences and learning. You will also be encouraged to form your own independent groups and to interact via the VLE through discussion forums.



Formative Assessment:
At the end of each unit, an end of unit progress test provides
formative assessment to test your subject knowledge which helps
prepare you for the two summative assessments. There will be an
additional timed test that will prepare you for the second
summative assessment. Every week you will be supported via live
academic sessions that will give an opportunity for you to receive
formative feedback from peers and the module tutor. In weeks 1-6,
these sessions aim to address LO1-3 (Economics) and in weeks
7-12, these address LO4-6 (Finance)

Summative Assessment:
There are two summative assessments, each worth 50% of the
grade
1) An individual written assignment, which takes the form of a
report, where you are asked to demonstrate your ability to access
and analyse macroeconomic data for two countries of your choice,
with the aim to evaluate comparatively the impact of the
macroeconomic environment on the company’s economic activity
in the two countries.
2) An individual written assignment, which takes the form of an
essay, where you are asked to evaluate the relevance of financial
performance measures and targets in assessing the ability of a
commercial company to fulfil its corporate mission.


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Independent Learning Guided independent study 200
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Report 50 1-3 8 HOURS= 00.00, WORDS= 2500
Essay 50 4-6 14/15 HOURS= 00.00, WORDS= 2500
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Indicative References and Reading List - URL:
SOE11444 Global Business Economics and Finance