MN22269: Business in its macroeconomic context
[Page last updated: 23 May 2025]
Academic Year: | 2025/26 |
Owning Department/School: | School of Management |
Credits: | 10 [equivalent to 20 CATS credits] |
Notional Study Hours: | 200 |
Level: | Intermediate (FHEQ level 5) |
Period: |
- Semester 2
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Assessment Summary: | EXCB 100% |
Assessment Detail: | |
Supplementary Assessment: |
- Like-for-like reassessment (where allowed by programme regulations)
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Requisites: |
Before taking this module you must take MN12009 OR take MN12011 OR take MN12017 OR take MN12217
In taking this module you cannot take MN22020
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Learning Outcomes: |
- Recognise fundamental knowledge of business/management in accounting, finance, economics, human resource management, business analytics and marketing
- Identify business/management problems/opportunities in application of concepts and theories
- Reflect on business/management theory and practice in context
- Identify and scope problems in context
- Apply models, theories, and best practice to analyse real life problems
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Synopsis: | Develop your understanding of the economic environment in which businesses operate. You'll explore a range of concepts, including some of the models and analytical tools used by economists. You'll learn how these are relevant to and helpful in making business decisions and how they help provide insights into the causal relationships within the macroeconomic context.
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Content: | You will be introduced to a range of Macroeconomic theories which explain the macroeconomic environment in which all organisations conduct their operations. Topics will include: the business cycle, inflation, unemployment, exchange rates, economic growth, GDP, monetary policy (e.g. interest rates) and fiscal policy (e.g. taxes), and the balance of payments.
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Course availability: |
MN22269 is Optional on the following courses:
School of Management
- UMMN-AFB10 : BSc(Hons) Accounting and Finance (Year 2)
- UMMN-AKB10 : BSc(Hons) Accounting and Finance with work placement (Year 2)
- UMMN-ANB12 : BSc(Hons) Business (Year 2)
Department of Politics, Languages and International Studies
- UHPL-AKB50 : BSc(Hons) International Management and Modern Languages (French) with study or work abroad (Year 2)
- UHPL-AKB51 : BSc(Hons) International Management and Modern Languages (German) with study or work abroad (Year 2)
- UHPL-AKB52 : BSc(Hons) International Management and Modern Languages (Spanish) with study or work abroad (Year 2)
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Notes: - This unit catalogue is applicable for the 2025/26 academic year only. Students continuing their studies into 2026/27 and beyond should not assume that this unit will be available in future years in the format displayed here for 2025/26.
- 好色tv and units are subject to change in accordance with normal University procedures.
- Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
- Find out more about these and other important University terms and conditions here.
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