University of the West of England

MODULE SPECIFICATION

(Revised November 2002)                   

 

Code:   UPEN3V-15-M               Title: Economic Analysis of Global Business I     Version:1        

 

Level:  M                                  UWE credit rating: 15                                       ECTS credit rating: 7.5

 

Module type:  Standard

 

Owning Faculty: HLSS             Field: Economics                                 

 

Valid from:       September 2004                        Discontinued from: 

 

Pre-requisites:             None

 

Co-requisites:               None

 

Excluded combinations:          None

 

Learning outcomes:

By the end of this module, the student should be able to:

 

·         understand and evaluate the process of globalisation from a macro-economic perspective (Component B)

·         understand and explain the historical development of the post-1945 international economy (Components A & B)

·         understand and differentiate between alternative theories of structural adjustment and hegemonic ambition within the global economy (Component A);

·         analyse the conditions under which various types of global change takes place and recognise the significance of such change for international business (components A and B);

·         employ specific skills (interpretation, discrimination, distillation, communication, and dissemination) in applying the knowledge gained from the module. The focus of such application is to enhance students' global perspective and to augment the depth and breadth of their decision-making abilities.  (Components A & B).

 

Syllabus outline:

 

·         Explanations for the evolution of the global economy.

·         Macro-economic theory developments in a global perspective.

·         Macroeconomic perspectives on the theory and practice of globalisation.

 

·         The institutional framework of the global economy.

·         Comparisons of advanced capitalist systems.

·         Developments within the macro-economies of the major economic powers.

·         Macro-economic analysis of regional power blocs.

 

Teaching and learning methods:

 

A variety of teaching methods will be employed in this module.  In addition to standard staff-centred teaching, students will be expected to contribute using their own research material and experience. Where relevant, video material and contemporary written source material will also be used to initiate discussion of practical policy issues.

 

Students will be provided with detailed reading, resources lists and various materials used throughout the course. Links to other sources will be made available through on-line learning resources. However, as postgraduate students, those following this module will also be expected to find and use alternative material using their own knowledge and initiative.

 

Students will be expected to put forward, rationalise, substantiate and defend points of view on controversial matters in class.

 

Indicative sources:

 

Siebert H., 1999, The World Economy, Routledge.

Amable B., 2003, The Diversity of Modern Capitalism, Oxford.

Emmott B., 2003, 20:21 Vision: The Lessons of the 20th Century for the 21st, Penguin.

Hansen J D., 2001, (ed), European Integration, Oxford.

Kay J., forthcoming May 2004, The Truth About Markets: Why Some Countries Are Rich and Others Remain Poor,  Penguin.

Ohmae K., 2000, The Invisible Continent, Nicholas Brealey.

Stiglitz J., 2003, Globalization and its Discontents, Penguin.

Stubbs R and Underhill G R D., 2003, (eds), Political Economy and the Changing Global Order, Oxford,  2nd edition.

Marrewijk C., 2002, Van, International Trade and the World Economy, Oxford.

Krugman P., 2002,  The Return of Depression Economics, Penguin.

 

 

Journals to be consulted include:

The Economic Journal, American Economic Review, the Journal of Economic Literature, Economica,  World Economy, Business Strategy Review, etc.

 

 

Assessment

 

Weighting between components A and B                               A: 50%   B: 50%

 

ATTEMPT 1

 

First Assessment Opportunity

Component A

Description of each element                                                                Element weighting     

1.  An in-class written assessment under controlled conditions (2 hours)                50%

 

Component B

Description of each element                                                                Element weighting     

1.  2,000 word essay                                                                                          50%

 

 

Second Assessment Opportunity (further attendance at taught classes is not required)

Component A

Description of each element                                                                Element weighting     

1.  A written assessment under controlled conditions (2 hours)                              50%

 

Component B  

Description of each element                                                                Element weighting     

1.  2,000 word essay                                                                                          50%

 

 

SECOND (OR SUBSEQUENT) ATTEMPT Attendance at taught classes is not  required.

 

Specification confirmed by  ……Module approved at VARSC 13.05.04.

 

Date ……………………………

(Associate Dean/Programme Director)