Business Economics - BME0014

Assessment 1: Other

Activities providing opportunities for formative assessment will generally be integrated into the teaching and learning process and apply to all components of summative assessment.  The nature of the formative assessment tasks used will be at the discretion of the tutor, to include for example, workshop exercises, quizzes, group discussions. 

Other

Assessment 1: Written Assignment

Written assignment

<p>This module aims to provide a simple, effective framework for beginning to understand some of the behaviour observed in organisations, markets, and industries and offer some suggestions as to appropriate forms of optimising behaviour. A range of models and concepts, both at the micro and macro level, for the analysis of business activity are introduced. The discussion will emphasise that while the assumptions and devices used in economics may sometimes seem simple and abstracted from reality, it can nonetheless often provide a powerful framework for interpreting and framing strategic issues. This provides the foundation for understanding how an organisation is embedded in the wider environment in which a network of multiple stakeholders’ interest and behaviour are important for strategic issues.</p>

Huddersfield Business School

<p><a href="https://library.hud.ac.uk/readinglists/BME0014">https://library.hud.ac.uk/readinglists/BME0014</a></p>

BME0014 - Business Economics

Business Economics

Apply economic principles to understand the links and interactions between hierarchical structures within the firms, markets outside the firm, and networks in the economy; and hence to understand the framework in which economics and business decisions are made

Apply complex theory and concepts to familiar and unfamiliar business or organizational contexts in class discussion and in the production of an individually written essay.

Demonstrate an understanding of the impact of managerial and organizational decisions on individuals, groups, other organizations and the operating environment

Use fundamental economic principles to understand how hierarchies, markets and networks operate and their implications for economic efficiency.

Demonstrate self-direction and originality in addressing economics issues, especially those pertaining to the business environment, and act autonomously in planning and implementing tasks at a professional or equivalent level. 