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 Academic Year: | 2017/8 |
| Owning Department/School: | School of Management |
| Credits: | 6 [equivalent to 12 CATS credits] |
| Notional Study Hours: | 120 |
| Level: | Honours (FHEQ level 6) |
| Period: |
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| Assessment Summary: | EX 100% |
| Assessment Detail: |
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| Supplementary Assessment: |
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| Requisites: | Before taking this unit you must take an introductory course in Business Economics (e.g. MN10574, MN10070 or MN50167). |
| Description:
| Aims: This unit aims to encourage students to critically analyse the issue of economic governance and hence the wider implications of corporate decisions on society. The intention is to explore these issues in a political economy framework with reference to both mainstream and heterodox economics. By the end of this unit, students should have a wider understanding of the significance of governance, the different possible forms of economic governance, and the challenges that policy-makers face in determining and achieving the public interest. Learning Outcomes: On completion of this unit students will have developed a critical understanding of the concepts of economic governance, participation, development, clusters and industrial districts, and also the potential of regulation and an active industrial policy in these areas. They will be able to clearly distinguish between different types of governance structures (i.e. hierarchical and heterarchical structures), analyse the implications of these structures, and identify the issues that policy makers face in dealing with the concentration of market power in the global economy. Furthermore, students completing this unit will also be able to make reasoned and in-depth analysis at an advanced level of governance related issues such as those that relate to the private sector's provision of particular products and services (e.g. electricity and tobacco), the influence of transnational corporations upon sustainable economic and social development at national and regional levels, and the impact of supranational institutions (e.g. IMF, World Bank and the UN). In doing so, students will be able draw upon (through wider reading) and make appropriate links between disparate literatures in management, economics, social science, and other areas in relation to the salient issues. Skills: Critical and analytical thinking, literature research methods, the ability to frame an argument, debate skills, and the practical application of theoretical concepts (F/A). Content: Strategic decision-making, , strategic failure, economic governance, development, participation, industrial districts and clusters, industrial policy, sectoral analysis, regulation. |
| Programme availability: |
MN30371 is Optional on the following programmes:School of Management
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Notes:
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