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Component
BSc Global Sustainability options
Year 1, Component 06
Option(s) from list
EC101-4-AU
Business Economics
(15 CREDITS)
Giving you a broad overview of economics for business, The Business Economics module provides an introductory overview of modern economics, including examples in microeconomics that have a bearing on the world of business, i.e., the organisation of firms, the economic implications of their objectives, and the markets in which they operate, and examples in macroeconomics, i.e., the global environment where firms operate.
You’ll gain a basic understanding of the key ideas in economics, both in micro and in macroeconomics, and to apply these to explain contemporary issues in the news, in the business world and policymaking.
This module introduces students to the study of international relations, with a particular emphasis on two broad fields: international security and international political economy. Topics in international security include state and non-state actors, the nature of power, the causes of war and peace, terrorism, international institutions, and human rights. Topics in international political economy include trade, finance, European integration, the origins of underdevelopment, government responses to disasters, and foreign aid. Throughout the class, students are encouraged to apply theoretical concepts to real world events.
Voters, in theory, should shape economic policy. But in practice, this is often determined by the preferences of politicians and private market forces, both legal and illegal. You develop an understanding of the beliefs, incentives and behaviour of political actors which explain the link between political processes and economic policy.
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