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 | The Economics and Finance of The International Thoroughbred Horseracing Industries | ||
| Code | ULMS609 | ||
| Coordinator |
Dr B Buraimo Economics B.Buraimo@liverpool.ac.uk |
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| Year | CATS Level | Semester | CATS Value |
| Session 2018-19 | Level 7 FHEQ | Second Semester | 10 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
| None |
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: |
| MBA Thoroughbred Horseracing Industries PG Cert Thoroughbred Horseracing Industries |
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 |
28 Lectures split into 8 half-day packages and combined with opportunity for un-assessed group work and discussion to assist learning. |
28 | |||||
| Timetable (if known) | |||||||
| Private Study | 72 | ||||||
| TOTAL HOURS | 100 | ||||||
Assessment |
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| 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 |
| Coursework | 15 minutes | 2 | 40 | Yes | Standard UoL penalty applies | Group presentation |
| Coursework | 3000 words | 2 | 60 | Yes | Standard UoL penalty applies | Individual written assignment Notes (applying to all assessments) Reassessment opportunity for group presentation: 1000 word individual written paper. Reassessment opportunity for individual written assignment: another question to be attempted from the list. 1. Group Presentations Groups will be asked to identify and examine an economic and financial challenge facing the International Thoroughbred Horseracing Industry domestically or internationally such as the changing pattern of gambling in the UK and the declining share of gambling on horses or the use of race-day medications in some countries out of which they will be set a series of questions. The groups will research the issue, analyse it and prepare responses to these questions which they will then present back in a 15-minute presentation. At the end of the presentation, groups will be asked questions about their presentations by the Assessor and by other groups. Team Performance: To be judged by the Module Leader (either present in person or by video recording). Assessment of team performance will be made on the following grounds: 70+ The team showed mastery of the economic and financial issues with which they were confronted. The team conducted itself with professionalism throughout and demonstrated clarity of purpose, effective use of the relevant literature and ability to draw clear and sustainable conclusion. All conclusions and comments were clear and reflected a substantive understanding of the economic or financial posed. All members of the team were engaged and involved in the whole process. The team were led with skill and sensitivity. 60-69 The team performed with a good degree of professionalism, and drew conclusions that reflected the good knowledge of the economic and financial issues with which they were confronted. Their analysis and conclusions were generally clear, well-thought through. The team demonstrated a broadly unified approach. 50-59 The team performed with a fair degree of professionalism, and drew conclusions that reflected a fair knowledge of the economic and financial issues with which they were confronted. Their conclusions were above average. The team was generally fairly cohesive. 40-49 The team underperformed in terms of professionalism and/or clarity of expression and drew conclusions that reflected a fair knowledge of the economic and financial issues with which they were confronted. Their analysis and conclusions were generally poorer than expected. The team may have appeared fragmented. <40 The team acted unprofessionally with conclusions that reflected a poor knowledge of the economic and financial issues with which they were confronted. There may be evidence of collusion involving other teams. 2. Individual Written Assignment 3000 words Students will be given a range of essay-type questions on topics, which have been covered in the course. Suggested reading will be given for each topic to begin the process of students researching and preparing individual essay-type answers to one of these questions. Students will be assessed on the basis of their ability critically to appraise relevant literature, reference relevant articles and analyse data which supports their points and arguments. |
Aims |
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To introduce students to concepts within The Economics and Finance of The International Thoroughbred Horseracing Industry. To enable students to identify, understand and analyse the key Economic and Financial issues facing The International Thoroughbred Horseracing Industry. |
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Learning Outcomes |
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To understand the Economics and Finance of The International Thoroughbred Horseracing Industry. |
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To acquire specific knowledge and understanding the Economic drivers in the Thoroughbred Horseracing Industry notably those shaped by different stakeholders and different economic environments. |
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To build an appreciation of Financial Challenges facing of Thoroughbred Horseracing Industry locally and globally. |
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To understand the drivers of economic and financial success and what underpins this for different stakeholders and to understand what is specific about the Thoroughbred Horseracing Industry, notably the role of sponsors and gambling and how to meet the challenges of operating successfully within these. |
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Teaching and Learning Strategies |
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Lecture - Lectures split into 8 half-day packages and combined with opportunity for un-assessed group work and discussion to assist learning. |
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Syllabus |
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| 1 |
1. Diverse income streams and their impacts |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. Explanation of Reading List: Available in module handbook on VITAL. |
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