Last modified: 23 Jul 2024 10:43
Using Economics as a viewpoint, this course investigates the big issues and key questions facing international business in a global economy and seeks explanations using a variety of real world tools, models and concepts. Issues covered include technology and automation, innovation and the networked economy, scarcity and choice, globalisation, inequality, the firm (its owners, managers, employees and customers), markets and public policy, financial instability and environmental issues.
| Study Type | Undergraduate | Level | 1 |
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| Term | First Term | Credit Points | 15 credits (7.5 ECTS credits) |
| Campus | Aberdeen | Sustained Study | Yes |
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This course investigates the big issues and key questions facing international business in a global economy and seeks explanations using a variety of real world tools, models and concepts. Issues covered include technology and automation, innovation and the networked economy, scarcity and choice, globalisation, inequality, the firm (its owners, managers, employees and customers), markets and public policy, financial instability and environmental issues. This innovative course is designed around the use of materials from the global CORE project – an open-source collaboration of hundreds of global scholars. Each part of the course begins with a question and looks at the real world evidence. Then models are used to help understand what is observed. These are then critically evaluated to assess how well they explain the evidence and provide insight into the issue. This course gives an exciting introduction to contemporary issues, ideas and debated facing international business in a global economy.
This course will enable students to develop the tools needed to provide insight into a range of contemporary and historical issues from around the world. Students will be encouraged to investigate some of the interesting questions facing international business in a global economy. They will first look at the evidence and then build models that can help understand what they see in the real world. Students will then be guided how to critically evaluate how successfully these tools and models have explained the evidence and how well they have yielded answers to the issues faced. They will develop their understanding of economic decision making, relationships and interactions in the global economy, how markets work and fail, the challenges arising from globalisation (trade, migration, and investment), environmental sustainability, and innovation and technology. At the end of the course students will be able to understand key issues facing international business in a global economy and be able to critically assess how policy makers seek to address these issues using an appropriate evidence base.
Information on contact teaching time is available from the course guide.
| Assessment Type | Summative | Weighting | 60 | |
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| Assessment Weeks | Feedback Weeks | |||
| Feedback | Word Count | 1700 | ||
| Knowledge Level | Thinking Skill | Outcome |
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| Assessment Type | Summative | Weighting | 40 | |
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| Assessment Weeks | Feedback Weeks | |||
| Feedback | ||||
| Knowledge Level | Thinking Skill | Outcome |
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There are no assessments for this course.
| Assessment Type | Summative | Weighting | 100 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback | Word Count | 2000 | ||
| Knowledge Level | Thinking Skill | Outcome |
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| Knowledge Level | Thinking Skill | Outcome |
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| Reflection | Evaluate | 3. An ability to critically assess how well these concepts, tools and models are able to explain the evidence and shed light on the issues discussed. |
| Factual | Understand | 1. An understanding of key questions facing international business in the global economy, and the appropriate empirical evidence surrounding these issues. |
| Procedural | Evaluate | 4. An ability to write coherently, and express arguments and ideas concisely to a general audience. |
| Procedural | Apply | 2. An ability to apply relevant concepts, tools and models to understand these key questions facing international business. |
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