Summary of module for applicants:
The aim of the module is to confer upon you the degree of economic and financial literacy and awareness required of an international manager. Thus it provides you with the opportunity to use and apply economic, finance and accounting concepts and principles and enables them to critically analyse and evaluate international business problems and to recommend appropriate solutions.
Main topics of study:
- The economic behaviour of industries and markets
- Macro-economic outcomes and the relationship between them
- Influences on economic growth
- The theory of international trade
- International institutions and their function
- Financial markets, their function and their operation.
- Financial instruments and their usage
- Corporate governance. Shareholder and stakeholder capitalism
- The interpretation of company accounts and financial ratios
Learning Outcomes for the module
The following codes identify where a learning outcome meets one of the UEL core competencies:
- Digital Proficiency - Code = (DP)
- Industry Connections - Code = (IC)
- Emotional Intelligence Development - Code = (EID)
- Social Intelligence Development - Code = (SID)
- Physical Intelligence Development - Code = (PID)
- Cultural Intelligence Development - Code = (CID)
- Community Connections - Code = (CC)
- UEL Give-Back - Code = (UGB)
- Cognitive Intelligence – Code = (COI)
At the end of this module, students will be able to:
Knowledge
- Make informed strategic choices based on an understanding of the financial and economic environment and of key institutions within it (COI)
- Determine the likely impact of changes in financial and economic circumstances on organisations and industries with which they are associated (COI) (DP) (CID)
Thinking skills
- Appraise the financial performance and standing of a business or business unit (COI)
- Determine the likely impact of changes in financial and economic circumstances on organisations and industries with which they are associated (CID)
Subject-based practical skills
- Critique and contribute to project appraisal decisions (DP) (COI)
- Assess the appropriate means whereby international businesses can raise and manage financial resources
Skills for life and work (general skills)
- Make informed contributions to policy debates within their industry or sector.(CID)
- Communicate effectively on financial and economic matters to both expert and non-expert audiences (SID)