ECONOMICS, BUSINESS AND SUSTAINABILITY - 2017/8

Module code: MAN1100

Module provider

Surrey Business School

Module Leader

DENNIS K Dr (SBS)

Number of Credits

15

ECT Credits

7.5

Framework

FHEQ Level 4

JACs code

L120

Module cap (Maximum number of students)

N/A

Module Availability

Semester 1

Overall student workload

Lecture Hours: 20

Seminar Hours: 4

Assessment pattern

Assessment type Unit of assessment Weighting
School-timetabled exam/test MID-TERM MULTIPLE CHOICE TEST 50
Oral exam or presentation GROUP ASSIGNMENT (POSTER PRESENTATION) 50

Alternative Assessment

Resits for assessment 2 will be individual submissions

Prerequisites / Co-requisites

None

Module overview

This module considers the decisions of consumers and businesses and an interaction of these decisions in markets. It plays an important part in understanding firm behaviour and particularly in understanding of the ways in which businesses operate. Businesses do not exist in isolation. They must operate within a complex and sometimes turbulent environment. The key forces facing businesses are economic, political, legal, technological, demographic, social-cultural, ethical as well as ecological. This module examines the economic architecture of both the business environment and businesses themselves. It introduces students to the roles of business in society and discusses current and potential business contribution to sustainable development and ideas concerning corporate responsibility to environment and society.

Module aims

Provide students with an appropriate level of understanding of key theories and their application in the field of Business Economics

Enable students to understand the relationships between businesses and a number of related external environments

Enable students to understand how governmental organisations at local, national and international levels influence business organisation and management

Enable students to understand how economic and sustainability theory can be applied to solve business problems

Learning outcomes

Attributes Developed
Outline the key features of the environment affecting the conduct of business organisations KCP
Give example of situations where the political, economic, socio-cultural, environmental and technological issues have a direct impact on business operations KC
Be aware of a range of theories allowing for an understanding of the economic architecture of a business and business role in the society KC
Understand the operation of markets and the behaviour of consumers and producers from the perspective of Business Economics KCP
Discuss the opportunities and challenges for business and industry to engage with sustainability policies KCPT
Distinguish between internal and external factors affecting business performance KCP

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Module content

Indicative content includes:


What is Business Economics
The economic architecture of the firm
How markets work
Government and market failure
The relationship between the business and its environment
Business, society and development
Business and the natural environment
Business engagement with sustainable development

Methods of Teaching / Learning

The learning and teaching strategy is designed to:

The teaching and learning strategy is designed to give students the opportunity to gain knowledge and understanding of the relevant theories to a range of topics in the study of Business Economics. The teaching and learning methods are based around the delivery of lectures and seminars. Lectures are mainly designed to illustrate and explain theoretical concepts and models and the seminars illuminate the theoretical concepts and models by reference to and explanation of a range of specific issues. The lecture precedes the seminar and, prior to attending the seminar, students are required to undertake the essential reading of the theory and relevant material assigned in the relevant lecture which precedes the seminar. The module culminates in a Sustainability Showcase event in December where students will present through posters their ideas for a real business problem delivered to them in the preceding weeks.

The learning and teaching methods include:

Formal lectures (3 hour lecture per week x 4 weeks for weeks 2-5 (Economics) and 2 hour lecture per week x 5 weeks for weeks 6-11 (Business and Sustainability) but not during activities week

Includes:


Interactive lectures
Guest talks


Seminars (1 hour seminar per week x 6 weeks from week 6-11 for Business and Sustainability) but not during activities week


On-line discussions
Enquiry Based Learning

Assessment Strategy

The assessment strategy of the module allows students to demonstrate two things. First a clear understanding of theory in the context of both businesses and the environment in which they operate. Second how that theory can be applied to real world problems in order to reach conclusions which are robust and defendable.

Thus, the summative assessment for this module consists of:


A mid-term multiple choice Economics test to verify understanding of basic economics principles in the business environment
A group poster presentation delivered at a Sustainability Showcase in Week 11 which suggests options for a real business problem and its sustainability environment.


Formative assessment and feedback

This module adopts an enquiry based approach to feedback where the emphasis is on providing resources to students which allow them to identify their own strengths and weaknesses in order to develop learning strategies which will allow them to improve their performance. Options for rehearsal of the poster presentation will be offered.

Reading list

Reading list for ECONOMICS, BUSINESS AND SUSTAINABILITY : http://aspire.surrey.ac.uk/modules/man1100

Programmes this module appears in

Programme Semester Classification Qualifying conditions
International Business Management BSc (Hons) 1 Compulsory A weighted aggregate mark of 40% is required to pass the module
International Business Management MBus 1 Compulsory A weighted aggregate mark of 40% is required to pass the module
Business and Retail Management BSc (Hons) 1 Compulsory A weighted aggregate mark of 40% is required to pass the module
Business and Retail Management MBus 1 Compulsory A weighted aggregate mark of 40% is required to pass the module
Business Management MBus 1 Compulsory A weighted aggregate mark of 40% is required to pass the module
Business Management (Entrepreneurship) MBus 1 Compulsory A weighted aggregate mark of 40% is required to pass the module
Business Management (HRM) MBus 1 Compulsory A weighted aggregate mark of 40% is required to pass the module
Business Management (Marketing) MBus 1 Compulsory A weighted aggregate mark of 40% is required to pass the module
Business Management BSc (Hons) 1 Compulsory A weighted aggregate mark of 40% is required to pass the module
Business Management (Entrepreneurship) BSc (Hons) 1 Compulsory A weighted aggregate mark of 40% is required to pass the module
Business Management (HRM) BSc (Hons) 1 Compulsory A weighted aggregate mark of 40% is required to pass the module
Business Management (Marketing) BSc (Hons) 1 Compulsory A weighted aggregate mark of 40% is required to pass the module

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2017/8 academic year.