CONTEMPORARY ISSUES IN BUSINESS, MANAGEMENT AND ECONOMICS - 2018/9

Module code: MAN0001

Module provider

Surrey Business School

Module Leader

EDWARDS N Mr (SBS)

Number of Credits

15

ECTS Credits

7.5

Framework

FHEQ Level 3

JACs code

N100

Module cap (Maximum number of students)

N/A

Module Availability

Semester 1

Overall student workload

Independent Study Hours: 117

Lecture Hours: 11

Seminar Hours: 22

Assessment pattern

Assessment type Unit of assessment Weighting
Coursework Individual Blogs x 4 (Weeks 5,7,9,11) 25
Coursework 1,000 word article drawn from blogs (Week 12) 25
Examination Open note exam (Week 14) 50

Alternative Assessment

N/A

Prerequisites / Co-requisites

None

Module overview

The focus will be on resource allocation and the extent to which the disciplines of economics and business studies can analyse, explain and influence consumer behaviour, paying particular attention to research into factors which influence it. There will be an introduction to the dynamics of the competitive market and the socio-economic influences which operate at both micro and macro level. Market failure will be discussed and applied to contemporary issues in context. Key concepts and approaches will be explored through high profile and newsworthy examples of business successes and failures. The basic functions of organisations (accounting and finance, marketing, operations) and the pressures within which they operate will also be considered.

Module aims

Develop awareness of key concepts and theories in business and economics and facilitate their application to real world examples

Provide a clear and comprehensive understanding of the functions within organisations and the impact of their execution

Present a clear depiction of contemporary business and economic contexts and illustrate associated pressures on national economies and organisations

Learning outcomes

Attributes Developed
001 Demonstrate knowledge and understanding of key economics and business concepts and theories K
002 Demonstrate knowledge and understanding of the essential functions within organisations K
003 Analyse critically the way organisations operate and the impact of wider contextual issues CPT
004 Apply numerical and non-numerical techniques to appraise economic policy and business strategy and decision-making CPT
005 Identify links between this content and other components of the course CK

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Module content

Indicative content includes:

• Description of business and economics as disciplines and their capacity to contribute to analyses of socio-economic patterns of behaviour

• Consumer behaviour and the factors which influence it

• Competitive markets

• Market failure

• Economic policy and its impact on key performance indicators

• Business successes and failures and the contributory factors in either case

• Basic functions of organisations

• Global context and trends in business and economic thinking

Methods of Teaching / Learning

The learning and teaching strategy is designed to equip students with the knowledge and ability to analyse and apply business and economic theories and concepts in real world contexts. It will enable them to better understand consumer behaviour and to illustrate the impact of decision-making at consumer and organisational levels. Contemporary examples will be utilised and the current pressures of operations within small enterprises and national economies will be explored. There will be a clear emphasis on the development of higher level capabilities such as critical thinking in order to facilitate independent learning going forward. The practice of flipped learning will be introduced in the module enabling seminar time particularly to be used as a vehicle for critical analysis and interpretation around the topics explored.

The learning and teaching methods include:

• Lectures (1 hour per week)

• Seminars (2 hours per week)

• Guided reading and research

• Independent study

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate their knowledge and understanding of the key concepts and theories introduced in the module, and their ability to apply them in a contemporary global context. There will be a particular focus on developing and honing the ability to write for different audiences (self-reflection with the individual blogs and an article for a lay person, offering the opportunity to demonstrate understanding of complex concepts and theories). There will be an opportunity to complete a trial blog so that feedback and advice can be given before embarking on the assessed work (Week 3). The open note exam is intended to give students the chance to demonstrate their independent thinking skills. Scaffolding will be introduced through writing activities in seminars enabling them to integrate and critically analyse material from different sources.

Thus, the summative assessment for this module consists of:

• Four individual blogs

• One 1,000 word article drawn from student blogs

• One open note examination

Formative assessment and feedback

Formative assessment will be in the form of verbal and written responses to the student blogs, which will be written as critical reflections on source material throughout the module. Seminars will be used to provide tutor and peer feedback on approaches taken and conclusions drawn. This feedback will enable students to explore critically their own interpretation of data, concepts and theories and to hone their verbal and writing skills so that they can present a piece of written work with different audiences in mind.

Reading list

Reading list for CONTEMPORARY ISSUES IN BUSINESS, MANAGEMENT AND ECONOMICS : http://aspire.surrey.ac.uk/modules/man0001

Other information

N/A

Programmes this module appears in

Programme Semester Classification Qualifying conditions
Business Economics with Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
Business and Retail Management with Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
Business Management With Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
Business Management (Marketing) With Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
Business Management (HRM) With Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
Accounting and Finance With Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
Business Management (Entrepreneurship) With Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
Economics With Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
Economics and Finance With Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
International Business Management with Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
International Event Management with Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
International Hospitality Management with Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
International Hospitality and Tourism Management with Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% is required to pass the module
International Tourism Management with Foundation Year BSc (Hons) 1 Compulsory A weighted aggregate mark of 50% 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 2018/9 academic year.