School of Management, Unit Catalogue 2009/10 |
MN50471: Economic governance, competitiveness and policy |
 Credits:
| 6 |
| Level:
| Masters |
| Period: | Semester 2 |
| Assessment:
| CW100 |
| Supplementary Assessment: | Supplementary assessment information not currently available (this will be added shortly) |
| Requisites:
| Students wishing to take this unit must have taken an introductory course in Business Economics/Economics (students with a first degree which covered economics should check with unit convenor). |
| Description: | Aims: This unit aims to encourage students to critically analyse the wider implications of corporate strategies from the perspective of both mainstream and heterodox economics, with specific reference to the 'public interest'. By the end of this unit, students should have a wider understanding of the different types of economic governance that exist and the issues that policy-makers face in promoting competitiveness at both a regional and national level. Learning Outcomes: Students will acquire a critical understanding of the concepts of economic governance, participation, development and competitiveness and the associated policy implications. They should be able to clearly distinguish between different types of governance mechanisms (such as hierarchical and heterarchical governance structures) and identify the issues that policy makers face in dealing with the concentration of market power in the global economy. In particular, they should be able to make a reasoned and in depth analysis at an advanced level, of issues such as those that relate to the private sector's provision of public utilities and also the impact of transnational corporations upon regional competitiveness and sustainable local economic and social development. In doing so, students should be able to draw (through wider reading) appropriate links between disparate literatures in management, economics and social science in relation to the issues. Skills: Critical and analytical thinking, literature research methods, academic writing skills, presentation skills, and the practical application of theoretical concepts (F/A). Content: Strategic decision-making, strategic failure, economic governance, economic and social development, and their implications for regional and national competitiveness. Policy implications and perspectives: in particular those relating to regulation, globalisation and local economic development strategies. |