Course Catalogue

Liverpool Business School

To provide students with an ability to understand the importance of the UK economic environment in which firms and financial institutions operate. To enable students to consider the consequences of economic policy decisions on business.

Outline Syllabus:Macroeconomic policy objectives Economic growth: what it is, why it matters, policy alternatives Unemployment: what it is, why it matters, policy alternatives Inflation: what it is, why it matters, policy alternatives International trade and exchange rate systems The nature of markets and the importance of prices Elasticity Introduction to international business: globalisation and the international business environment. General frameworks in international business: why firms become MNEs. Innovation and competitiveness of MNEs. The politics of international business: international institutions and regional Integration. International culture: understanding cross-cultural management

Module Overview:
This module provides you with an ability to understand the importance of the UK economic environment in which firms and financial institutions operate. It enables you to consider the consequences of economic policy decisions on business.

Additional Information:This module has been designed to introduce students to economics and the focal point of the module is to demonstrate the importance of economics for business. Guest speakers from multinational companies and international institutions will be invited, thus allowing students to hear about their first-hand experience of international business.