Management and the Business Environment: Economic Theory and Practice
Description
Choose from one of the three options available in the attached assignment brief. Marking criteria and additional details are also available in the same document.
Learning outcomes for this module:
Understand the concepts of specialisation and co-ordination at local and global levels;
Understand the main characteristics of standard microeconomic theory and key assumptions underlying microeconomic models;
Demonstrate knowledge of the implications of behavioral theory, agency theory, game theory and transaction costs for economic decisions
Demonstrate their knowledge of evolutionary approaches to organizations
Critically evaluate the contribution of economics to strategic management
Recognize how business behavior is driven by economic theories and beliefs