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Module Specifications

Current Academic Year 2012 - 2013
Please note that this information is subject to change.

Module Title Business Economics
Module Code EF573
School DCUBS
Online Module Resources

NFQ level 8 Credit Rating 5
Pre-requisite None
Co-requisite None
Compatibles None
Incompatibles None
Description
The aim of the module is to provide participants with a thorough knowledge of the concepts, frameworks and tools of analysis used by economists across three dimensions: the firm, the industry and the economy. This knowledge will be used to evaluate policy-making, both nationally and globally, across all three dimensions.

Learning Outcomes
1. 1.EVALUATE ECONOMIC POLICES
2. 2. ACCESS ECONOMIC DATA FROM DATABASES
3. 3. EXPLAIN AND DEBATE POLICY APPROACHES
4. 4.SHOW HOW MARKETS OPERATE
5. 5.EXPLAIN THE DETERMINANTS OF DEMAND



Workload Full-time hours per semester
Type Hours Description
Lecture24FORMAL LECTURE AND DISCUSSION
Independent learning time101STUDY, HOMEWORK AND PROJECT
Total Workload: 125

All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml

Indicative Content and Learning Activities
* Basic Tools of Economic Analysis.
The concept of the market; the origins of liberal political economy; competition and demand & supply schedules; the nature of linear relationships; elasticity. * Theories of Firms and Industries: Market Structures: perfect competition, monopolistic competition, oligopoly, monopoly; competition policy; comparative advantage; industrial policy and strategic trade policy; alternative theories of the firm: behavioural theories, transaction cost approaches, principal-agent theory, capabilities and routines, industrial districts. * Macroeconomic Analysis and Policy-making: Theoretical frameworks: aggregate demand and supply; money markets; public debt; the labour market. Regional institutions: the role of the European Central Bank. International Institutions: the IMF, the WTO and the "Washington Consensus.".

Assessment Breakdown
Continuous Assessment50% Examination Weight50%
Course Work Breakdown
TypeDescription% of totalAssessment Date
Assignmentn/a50%Sem 2 End
Reassessment Requirement
Resit arrangements are explained by the following categories;
1 = A resit is available for all components of the module
2 = No resit is available for 100% continuous assessment module
3 = No resit is available for the continuous assessment component
This module is category 1
Indicative Reading List
  • p Krugman, Wells R, Graddy K: 2008, ECONOMICS EUROPEAN EDITION, 2, PALGRAVE MACMILLAN, BASINGSTOKE, 9780716799566
Other Resources
777, WEBSITES, IRISH GOVERNMENT, CSO, FORFAS, EU, 2009, VARIOUS REPORTS AND STATISTICS, IRELAND AND EUROPE,
Array
Programme or List of Programmes
MBAMasters in Business Administration -GrpA
MBAEMasters in Business Administration
Timetable this semester: Timetable for EF573
Date of Last Revision24-MAY-10
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