BUSI4433 Managerial Economics
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BUSI4433 Managerial Economics
Small-group Teaching Arrangements
There will be four small group tutorials.
For details of the times, dates and locations of your seminars/tutorials, please consult your Individual Student Teaching Timetable. It is important that you only attend the
seminar slot you have been allocated. Registers will be taken and no additional students
will be permitted to join the seminar.
Exam Assessment Format (if applicable)
Take Home Examination Answer question one from Section A (Compulsory), two questions from 7 Section B.
total word limit= 2,000 (100%)
In the exam paper you will be offered a choice over which questions to answer. If you supply answers in excess of the number requested, the excess answers will not be marked. In such cases the ordering of the questions as listed by you on the front of the answer book or, if you do not supply such a list, the order in which they appear inside the answer booklet, will be used to determine which answers will be marked.
Module Aims
This module develops a knowledge and understanding of:
• Markets - the development and operation of markets for resources, goods and services
• Finance - the sources, uses and management of finance; the use of accounting and other information systems for managerial applications
• People - the management and development of people within organisations
• Operations - the management of resources and operations; information systems; the development, management and exploitation of information systems and their impact upon organisations
• Business Policy and Strategy the development of appropriate policies and strategies within a changing environment, to meet stakeholder interests
• Pervasive Issues - these would include sustainability, globalisation, corporate social responsibility, diversity, business innovation, creativity, enterprise development, knowledge management and risk management
Learning Objectives and Outcomes
Knowledge and understanding
This module develops a knowledge and understanding of:
• The dynamics of the global economy and international business &/or an awareness of cultural, legal/regulatory, political, and economic differences across countries &/or an appreciation of management issues from a global perspective.
• Markets - the development and operation of markets for resources, goods and services
• Finance - the sources, uses and management of finance
• People - strategic and operational HRM, meeting future organisational requirements, people development, HR systems
• The management of resources
• Leadership and management of people within organisations - leadership, organisational behaviour and motivation
• Strategic management - the development and implementation of appropriate strategies within a changing environment
Intellectual skills
This module develops:
• Being able to think critically and be creative: manage the creative processes in self and others; organise thoughts, analyse, synthesise and critically appraise. This includes the capability to identify assumptions, evaluate statements in terms of evidence, detect false logic or reasoning, identify implicit values, define terms adequately and generalise appropriately
• Using information and knowledge effectively in order to abstract meaning from information and to share knowledge, including the use of quantitative skills
Professional practical skills
This module develops:
• The ability to conduct research and enquiry into business and management issues either individually or as part of a team through research design, the collection and analysis of qualitative data, synthesis and reporting
• Effective performance within team environments and the ability to recognise and utilise individuals' contributions in group processes and to negotiate and persuade or influence others; team selection, delegation, development and management. Leadership and performance management: selecting appropriate leadership style for different situations; setting objectives, motivating, monitoring performance, coaching and mentoring
• The ability to recognise the need for and initiate change and to be able to manage change
Transferable (key) skills
This module develops:
• Effective communication: networking, listening, oral and written communication of complex ideas and arguments, using a range of media, including the preparation of business reports
• High personal effectiveness: critical self-awareness, self-reflection and self- management; time management; conflict resolution, displaying commercial acumen, the ability to continue to learn through reflection on practice and experience
Past Examination Papers (if applicable)
Logon to http://exampapers.nottingham.ac.uk/ and search for past examination papers for
this module.
Module Details on Moodle
The web address for Moodle is moodle.nottingham.ac.uk. Moodle contains the definitive
module outline (including all assessment details), and assessment feedback and review
pages. You can see information on previous student performance and SEM feedback on
the module (if available). For most modules, Moodle also contains module forums,
module news and announcements, and a module home page that provides access to
online materials.
Accessibility/Disability
If you have accessibility, disability or extenuating circumstance issues then please follow
the guidance available from:
https://www.nottingham.ac.uk/studentservices/services/disability-support-services.aspx
https://www.nottingham.ac.uk/studentservices/services/extenuating-circumstances.aspx
Reading List
Using Harvard style referencing
2021-12-16