Indicative Content
This module examines the various analytical techniques used in capital budgeting decisions and the capital structure decisions. Capital structure, estimation of cost of capital and the dividend decisions are examined from an empirical and theoretical viewpoint. Other topics include the dividend decisions and the relationship between financing decisions and the cost of capital. In more depth topics include:
• The nature of economic policy formation and implementation
• Key concepts in international economic policy
• Macro-economic co-ordination
• Strategic trade issues
• International investment
• Competition policies
• Global Corporate Issues
• Crisis management

Action Learning. Learning is achieved by engaging students in activities that have elements of problem solving combined with intentional learning.

Authentic Learning. Students will be presented with activities that are framed around "real life" contexts in which students will find learning more meaningful and motivating. Thus they will be more engaged in the process of acquiring knowledge.

Assessment strategy will be both formative and summative. Formative assessment strategies are used to test the current level of understanding and progress and to provide feedback to teacher and learner and to guide the next phase of learning. Types of formative assessments for this course will be discussions on tutorial questions, short quizzes and assignments. Summative assessment is used both in the mid and at the end of the programme formally to assess a learner’s skill, knowledge and understanding gained in this course.

For this module formative assessment will be undertaken through regular completion of tutorial work along with quizzes to check knowledge and understanding of basic concepts within accounting. To prepare students for the end of module summative exam, a mid semester test will take place under exam conditions.

Final Examination (duration 2 Hour s). This will be a closed book exam testing all learning outcomes - 100%
Learning outcomes 1, 2, 3, 4 and 5.

BUV VLE

Main Texts:
Krugman, P. R. (2010). International Economics: Theory and Policy & MyEconLab Student Access Code Card (8th Edition) (The Addison-Wesley Series in Economics)

Additional Texts:
Appleyard, D. and Field, A. J. Cobb, S. (2005) International Economics (5th ed.), McGraw-Hill
Choi, E. and Greenaway, D. (2001) Globalisation and Labor Markets, Blackwell Publishers, Oxford.
Collins, S. (1998) Imports, Exports and the American Worker, Brookings Institution, Washington DC.
Deardorff, A. V. and Stern, R. M. (1994) The Stolper-Samuelson Theorem: A Golden Jubilee, University of Michigan Press.
Krugman, P. R. and Obstfeld, M. (2003) International Economics: Theory and Policy (6th ed.), Addison-Wesley, Harlow, England
Parker, P. (2000) Physioeconomics - The Basis for Long-Run Economic Growth, MIT Press, London.
Pryor, F. and Schaffer, D. (2000) Who's Not Working and Why, Cambridge University Press, Cambridge, UK.
Scheve, K. F. and Slaughter, M. J. (2001) Globalisation and the Perceptions of American Workers, Institute for International Economics, Washington DC.
Thirlwall, A. P. (2006) Growth and Development (8th edition), Palgrave Macmillan, Basingstoke
Weil, D. N. (2005) Economic Growth, Addison-Wesley, Harlow, England.

1. CRITICALLY EVALUATE THE IMPLICATIONS FOR INTERNATIONAL ECONOMIC POLICY OF THE VARIOUS THEORIES AND CONCEPTS.
Knowledge and Understanding, Learning, Enquiry.

2. ANALYSE THE ORIGINS AND CAUSES OF ECONOMIC PROBLEMS AFFECTING THE INTERNATIONAL ECONOMY INCLUDING COMPETITION AND THEREBY APPRAISE THE CONSTRAINTS AFFECTING INTERNATIONAL ECONOMIC POLICY
Knowledge and Understanding, Analysis, Application.

3. CRITICALLY APPRAISE THE ECONOMIC AND POLITICAL BACKGROUND TO ATTEMPTS TO CO-ORDINATE INTERNATIONAL MACRO-ECONOMIC POLICY
Analysis, Problem Solving.

4. DEMONSTRATE A CRITICAL APPROACH TO ISSUES RELATING TO STRATEGIC TRADE AND FINANCE INCLUDING INTERNATIONAL INVESTMENT.
Application.

5. ANALYSE THE PRINCIPLES AND PRACTICE OF INTERNATIONAL ECONOMIC CRISIS MANAGEMENT
Analysis, Reflection, Communication.