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Durham University

Postgraduate Module Handbook 2021/2022

Archive Module Description

This page is for the academic year 2021-22. The current handbook year is 2022-23
No such Code for pgprog: N2K307
No such Code for pgprog: N5K107
No such Code for pgprog: N6K107
No such Code for pgprog: N1KY07
No such Code for pgprog: N2K507
No such Code for pgprog: N5K407
No such Code for pgprog: N1N107
No such Code for pgprog: N6K207
No such Code for pgprog: N5K507

Department: Management and Marketing

BUSI46X15: BUSINESS ECONOMICS AND ACCOUNTING (TAUGHT)

Type Tied Level 4 Credits 15 Availability Not available in 2021/22
Tied to N2K307
Tied to N5K107
Tied to N6K107
Tied to N1KY07
Tied to N2K507
Tied to N5K407
Tied to N1N107
Tied to N6K207
Tied to N5K507

Prerequisites

  • None

Corequisites

  • None

Excluded Combination of Modules

  • Business Economics and Accounting (ONLINE)

Aims

  • To develop skills in the application of economic analysis in business decision-making and planning.
  • To provide students with a critical understanding of key economic aspects of the business environment and the impact of changes in that environment at national and international level.
  • To provide students with a critical knowledge and understanding of the use of financial reporting external to the organisation, and of financial statements - their underlying principles and fundamental techniques of analysis and interpretation.

Content

  • Markets, information and transaction costs.
  • Organisations, costs and the profit motive.
  • Competition and welfare.
  • Strategic behaviour by firms.
  • Global business and the macroeconomic environment.
  • Performance and business decisions.
  • Critical understanding of information conveyed through corporate reporting.
  • Analysis of company performance based on financial data.

Learning Outcomes

Subject-specific Knowledge:
  • Have a specialist knowledge and understanding of the importance of, and interaction between demand, costs and prices at the level of the firm and the market; the interrelationship between the competitive environment and business decisions; and the macro-economic environment, at the national and global level.
  • Have a critical understanding and appreciation of the complex nature of the economic business environment.
  • Have a specialist knowledge and understanding of the use of financial data within organisations.
  • Have a specialist knowledge and understanding of the analysis of financial data for evaluating the financial prospects of organisations.
  • Have a critical understanding of the uses and limitations of corporate financial reports in internal and external business analysis.
Subject-specific Skills:
  • Be able to apply economic understanding in the analysis of business decisions.
Key Skills:
  • Written communication;
  • planning, organising and time management;
  • problem solving and analysis;
  • using initiative;
  • computer literacy.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • Learning outcomes will be met through a combination of taught input, groupwork, case studies and discussion, supported by guided reading and specially-written self-study material. 
  • The summative assessment of the module is designed to test the acquisition and articulation of knowledge and critical understanding, and skills of application and interpretation within the business context.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Workshops (a combination of taught input, groupwork, case studies and discussion), timetabled in blocks 24
Preparation and reading 126
Total 150

Summative Assessment

Component: Takeaway Assessment Component Weighting: 50%
Element Length / duration Element Weighting Resit Opportunity
Takeaway Assessment 2,000 words (maximum) 100% Same
Component: Assignment Component Weighting: 50%
Element Length / duration Element Weighting Resit Opportunity
One written assignment 2,000 words (maximum) 100% Same

Formative Assessment:

Group-based discussions and case study exercises.


Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University