ULMS Electronic Module Catalogue
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title GLOBAL ECONOMIC (AND BUSINESS) ENVIRONMENT
Code ECON159
Coordinator Dr L Han
Economics
Lu.Han2@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2021-22 Level 4 FHEQ First Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):
 

Modules for which this module is a pre-requisite:
 

Programme(s) (including Year of Study) to which this module is available on a required basis:
 

Programme(s) (including Year of Study) to which this module is available on an optional basis:
 

Teaching Schedule
  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 12

 8

       12

6

 38
Timetable (if known) 60 mins X 1 totaling 12
  		60 mins X 1 totaling 8
  		      60 mins X 1 totaling 6
  		 
Private Study 112
TOTAL HOURS 150

Assessment
EXAM Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
             
CONTINUOUS Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Assessment 1: Analytical Skills Assessment Assessment Type: Coursework Duration: Approximately 1 hour online quiz (not timed) Weighting: 20% Reassessment Opportunity: Yes Penalty for Late   Approximately 1 hour    20       
Assessment 2: Individual Report Assessment Type: Coursework Size: 2500 Words Weighting: 80% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies Anonymous A  -2500 words    80       

Aims

The aim of this module is to introduce students to:
1. the theoretical basis of global economic integration
2. the main economic features of the Global Environment
3. the workings and interaction of different global institutions
4. the major current policy issues.

Learning Outcomes

(LO1) Students will be able to describe the main economic aspects of the global economic and business environment in recent years.

(LO2) Students will be able to identify major economic issues experienced by nations and institutions.

(LO3) Students will be able to use appropriate economic analysis to examine such issues.

(LO4) Students will be able to develop cognitive skills of analysis and synthesis.

(LO5) Students will be able to identify major themes and issues relating to the global economic and business environment.

(LO6) Students will be able to develop the ability to conduct individual study by drawing on multiple data sources.

(LO7) Students will be able to develop the ability to discuss current policy issues, particularly as they affect the UK.

(LO8) Students will be able to identify ethical issues in the interactions of global business networks.

(S1) Problem solving skills

(S2) Commercial awareness

(S3) International awareness

(S4) Lifelong learning skills

(S5) Ethical awareness

(S6) IT Skills

(S7) Communication Skills

Teaching and Learning Strategies

Teaching Method – Online Asynchronous Learning Materials
Unscheduled Directed Student Hours: 12
Attendance Recorded: No

Teaching Method - Synchronous Lecture
Scheduled Directed Student Hours: 12
Attendance Recorded: No

Teaching Method - Seminar
Scheduled Directed Student Hours: 8
Attendance Recorded: Yes

Teaching Method 3: Group Study
Description: Biweekly 1 hour session to foster student community and engagement by working with others on their ‘active learning’ activities
Scheduled Student Hours: 6
Attendance recorded: No

Self-Directed Learning Hours: 112

Costs Information:
Additional costs may include reasonable printing costs or purchase of recommended texts.

Skills/Other Attributes Mapping

Skills / attributes: Problem solving skills
How this is developed: lectures and workshops
Mode of assessment (if applicable): Analytical Skills Assessment and Individual Repor t

Skills / attributes: Commercial awareness
How this is developed: lectures and workshops
Mode of assessment (if applicable): Analytical Skills Assessment and Individual Report

Skills / attributes: International awareness
How this is developed: lectures and workshops
Mode of assessment (if applicable): Analytical Skills Assessment and Individual Report

Skills / attributes: Lifelong learning skills
How this is developed: lectures and workshops
Mode of assessment (if applicable): Analytical Skills Assessment and Individual Report

Skills / attributes: Ethical awareness
How this is developed: lectures and workshops
Mode of assessment (if applicable)

Skills / attributes: IT Skills
How this is developed: lectures and workshops
Mode of assessment (if applicable): Analytical Skills Assessment and Individual Report

Skills / attributes: Communication Skills
How this is developed: Workshop participation
Mode of as sessment (if applicable)

Syllabus
 

1. Introduction & Understanding global shift of Economic Power
2. Global Complexity & Technological Change
3. Transnational Corporations
4. Economic Policy and Nation States
5. Economic Policy and Supranational Unions (e.g. EU)
6. Transnational Corporations Versus States
7. Skills: Communicating Economic Data
8. Global Production networks
9. Economic Winners & Losers
10. Industry Examples: Advanced Business Services; Agro-food; Automobile Industry; Clothing industry; Extractive Industries; Logistics (selected examples from these to vary - time permitting)

Recommended Texts
Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.