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EC3033 MULTINATIONAL BUSINESS

MODULE HANDBOOK

AUTUMN/SPRING 2011/2012

MODULE SPECIFICATION

Module Title : Multinational Business

Module Code: EC3033

Module Level: H

Module Leader: Tony Mananyi

Home Academic Department: LMBS

Teaching Location: North

Teaching Semester: Autumn

Teaching Mode: Day

Module Type: STAN

Credit Rating for Module: 15

Prerequisites and corequisites: EC1022C/N Economics for Business or equivalent.

Module Summary

Module Code: EC3033N

Module Title: Multinational Business

Semester: Autumn

Prerequisites: Economics for Business

Assessment: Coursework (50%) and Exam (50%)

This module provides a focused, comprehensive and relevant coverage of contemporary multinational businesses. The module will examine the effects of the internationalisation of the firm and its impact on the global economy. It will help students understand different ways of analysing multinational firms and their impact. It will explore the operation of multinational business in different regions of the world and will examine their future prospects.

Module Aims

The principal graduate attributes emphasised throughout the module are A2 and A3.

The module aims to:

to apply economic analysis to the study of key aspects of the rationale for the operations of multinational businesses;

to analyse the major economic implications of and issues arising from foreign direct investment (FDI);

facilitate and support students in utilising personal resources and materials so that they can carry out independent research into an aspect of the international economy, using research methods appropriate to the task;

develop researching, analysing data, presenting data, communication, problem solving, interpersonal and creative skills of students.

Teaching

The teaching will comprise a mixture of large and small group teaching. The large group teaching will involve lectures and group discussion. The lectures will introduce core economic issues pertaining to multinational businesses and provide an overaching structure for the module as a whole. The group discussions will require students to analyse topics and problems arising in the lecture and to discuss research essay plans. Students will be asked to reflect on how they can best develop their research skills to help them prepare both for the module’s coursework and for the final semester examination on their degree. They will be reminded of how such a discussion fits in with their personal development plans. Small group teaching, in the form of seminars, will provide students with an opportunity to explore issues identified in lectures in greater detail, to strengthen understanding and to apply economic analysis to real-world problems. These objectives will be achieved via review questions during seminar sessions.

The Teaching Team

This module is taught by

Dr Tony Mananyi

Room: MG1-13 (Moorgate, City Campus)

Ext: 1533

Office Hours: Mondays 1:00pm – 2:00pm, North Campus; Room – tba; Tuesdays 1:00 – 2:00pm, Room – MG1-13.

Email: t.mananyi@londonmet.ac.uk

Professor Photis Lysandrou

Room: tba

Ext: tba

Office Hours: tba

Email: p.lysandrou@londonmet.ac.uk.

Mr John Hart.

Room : MG2-04 (Moorgate, City Campus)

Ext : 1428

Office Hours : tba

Email : j.hart@londonmet.ac.uk

Learning Outcomes

At the end of this module students will:

Be aware of the extent of and the reasons for FDI in the world economy (A1, A2);

Be able to critically analyse the major operations of the multinational business (A1, A3);

Be in a position to analyse the implications of the increase in FDI, including its impact on the globalisation process and national economies (A1);

Be aware of some of the major contemporary issues impinging on multinational businesses’ activities (A2, A3).

Syllabus

Globalisation of Markets and the Internationalisation of the firm.

Theories of the Multinational

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