Skip to main content
Home

Information for:

  • Alumni
  • Applicants
  • Current Students
  • Staff
  • Parents
  • Job Vacancies
  • Covid-19
  • Cymraeg
My country:

Main Menu

    • Study Options
      • Study Home
      • Why Study at Bangor?
      • Undergraduate Study
      • Postgraduate Taught Study
      • Postgraduate Research
      • Part-time Courses
      • January Start Courses
      • Degree Apprenticeships
      • Study Abroad
      • Work Experience
    • Study Advice
      • Apply
      • Already Applied?
      • Fees and Finances
      • Scholarships and Bursaries
      • Get Ready for University
    • Explore Bangor
      • Open Days and Visits
      • Virtual Student Experience

    Find a Course

    Order a Prospectus

    • Student Life
      • Student Life Home
      • Bangor and the Area
      • Social Life and Entertainment
      • Accommodation
      • Clubs and Societies
      • Sport
      • Virtual Student Experience
    • Your Experience at Bangor
      • Student Support
      • Skills and Employability
      • Study or Work Abroad
      • Fees and Finances

    Student Profiles

    Student Videos and Vlogs

    • Choose Bangor
      • International Home
      • Why Bangor?
      • Location
      • Accommodation
      • Student Support
      • Contact Us
    • Apply
      • Entry Requirements
      • Tuition Fees and Scholarships
      • How to Apply
      • Already Applied
      • Study Abroad
      • Exchanges

    Country Specific Information

    Join us on a Virtual Open Day

    Bangor University International College

    Covid-19 Information

    • Research
      • Research Home
      • About Our Research
      • Research in our Academic Schools
      • Research Institutes and Centres
      • Research Portal
      • Research, Innovation and Impact Office (RIIO)
      • Energy
      • Research News
    • Postgraduate Research Opportunities
      • Postgraduate Research
      • Doctoral School
    • Events and Training Opportunities
      • Researcher Development
    • The University
      • About Us
      • Our Mission
      • Strategy 2030
      • Annual Review
      • Our Location
      • Academic Schools and Colleges
      • Services and Facilities
      • Vice Chancellor’s Office
      • Working with Business
      • Working with the Community
      • Sustainability
      • Health and Wellbeing
      • Contact Us
    • Working for Us
      • Job Vacancies
    • University Management and Governance
      • Policies and Procedures
      • Slavery and Human Trafficking Statement
      • Management and Governance
    • University and the Community
      • Pontio
      • Sports Facilities
      • Conference Facilities
      • Places to Eat and Drink
      • Public Events
      • Widening Access
      • Services to Schools
    • Business Services
      • Business Services Home
    • Collaboration Hub
      • Collaboration Hub
      • Funding for Collaborative Research and Development (R&D) & Innovation
      • Business Facilities and Networks
      • Consultancy, Specialist Expertise and Knowledge
      • Commercialisation and Intellectual Property (IP)
      • Student Placements and Internships in Business & Enterprise
      • Training and Continuing Professional Development
      • Degree Apprenticeships
    • Conferencing and Business Dining
      • Conferencing Facilities
      • Business Dining
    • Contacts
      • Research, Innovation and Impact Office (RIIO)
      • Get In Touch
    • News
      • Current News
      • Research News
      • Student News
    • Events
      • Events

    • Study Options
      • Study Home
      • Why Study at Bangor?
      • Undergraduate Study
      • Postgraduate Taught Study
      • Postgraduate Research
      • Part-time Courses
      • January Start Courses
      • Degree Apprenticeships
      • Study Abroad
      • Work Experience
    • Study Advice
      • Apply
      • Already Applied?
      • Fees and Finances
      • Scholarships and Bursaries
      • Get Ready for University
    • Explore Bangor
      • Virtual Open Days and Visits
      • Virtual Student Experience

    Find a Course

    Order a Prospectus

    • Student Life
      • Student Life Home
      • Bangor and the Area
      • Social Life and Entertainment
      • Accommodation
      • Clubs and Societies
      • Sport
      • Virtual Student Experience
    • Your Experience at Bangor
      • Student Support
      • Skills and Employability
      • Study or Work Abroad
      • Fees and Finances

    Student Profiles

    Student Videos and Vlogs

    • Choose Bangor
      • International Home
      • Why Bangor?
      • Location
      • Student Support
      • Contact Us
    • Apply
      • Entry Requirements
      • Tuition Fees and Scholarships
      • How to Apply
      • Already Applied
      • Study Abroad
      • Exchanges

    Country Specific Information

    Join us on a Virtual Open Day

    Bangor University International College

    Covid-19 Information

    • Research
      • Research Home
      • About Our Research
      • Research in our Academic Schools
      • Research Institutes and Centres
      • Research Portal
      • Research, Innovation and Impact Office (RIIO)
      • Energy
      • Research News
    • Postgraduate Research Opportunities
      • Postgraduate Research
      • Doctoral School
    • Events and Training Opportunities
      • Researcher Development
    • The University
      • About Us
      • Our Mission
      • Strategy 2030
      • Annual Review
      • Our Location
      • Academic Schools and Colleges
      • Services and Facilities
      • Vice Chancellor’s Office
      • Working with Business
      • Working with the Community
      • Sustainability
      • Health and Wellbeing
      • Contact Us
    • Working for Us
      • Job Vacancies
    • University Management and Governance
      • Policies and Procedures
      • Slavery and Human Trafficking Statement
      • Management and Governance
    • University and the Community
      • Pontio
      • Sports Facilities
      • Conference Facilities
      • Places to Eat and Drink
      • Public Events
      • Widening Access
      • Services to Schools
    • Business Services
      • Business Services Home
    • Collaboration Hub
      • Collaboration Hub
      • Funding for Collaborative Research and Development (R&D) & Innovation
      • Business Facilities and Networks
      • Consultancy, Specialist Expertise and Knowledge
      • Commercialisation and Intellectual Property (IP)
      • Student Placements and Internships in Business & Enterprise
      • Training and Continuing Professional Development
      • Degree Apprenticeships
    • Conferencing and Business Dining
      • Conferencing Facilities
      • Business Dining
    • Contacts
      • Research, Innovation and Impact Office (RIIO)
      • Get In Touch
    • News
      • Current News
      • Research News
      • Student News
    • Events
      • Events

Information for:

  • Alumni
  • Applicants
  • Current Students
  • Staff
  • Parents
  • Job Vacancies
  • Covid-19
My country:

Search

Close

Breadcrumb

  • Cymraeg

Share this page:
  • Twitter
  • Facebook
  • LinkedIn

Apply Now

Find out how to apply

Postgraduate Tuition Fees

View our full tuition fees information

Register your interest in PG study

Register now

Module BIC-0028:
Business Environment

Module Facts

Run by Bangor University International College

20.000 Credits or 10.000 ECTS Credits

Semester 1 & 2

Organiser:

Overall aims and purpose

The aims of the module are to introduce business students to economic theories and systems and relate these to the environment within which businesses function. Students will further be equipped with the critical skills to apply the concepts and principles they study in a business context, Students will be taught to consider the impact of government policies and actions on businesses and to look beyond national policies to the influence of wider economic and political groupings of states.

Course content

The module considers key elements of both micro- and macro-economics and relates them to the experiences of entrepreneurs and their businesses. Theories, models and systems are considered and compared in their impact on the business community. The impact of national economic policies is examined but consideration is also given to wider economic groupings such as the European Union and to the impact of the globalisation of business organisations and activities. The relevance of these topics to the students’ preparation for a business masters is constantly stressed. Students are taught to distinguish between micro- and macro-economics and between positive and normative economics. They learn how to source materials and undertake quantitative and qualitative research. Among the topics taught are different economic models, command, mixed and capitalist and the concept of long run and short run. They learn about efficiency as a concept in Economics and market failure. The module also covers the role of government and considers issues such as taxation and subsidy, competition policy, regulation and supervision, the reasons for and impact of government intervention and the factors influencing government policy such as inflation and unemployment figures. The significance of the continuing drive for economic growth, the growing significance of multinational companies, the impact of globalisation and issues around the environment and climate change are introduced.

Assessment Criteria

threshold

Student has performed sufficiently well in demonstrating a basic knowledge and understanding of a number of topics studied to have achieved the lowest level of pass grades.

good

Student has scored well in many of the topics studied and achieved the progression grade, and so demonstrated a clear suitability for the next phase of the master’s programme

excellent

Student has engaged consistently with all the topics of the module and so demonstrated a high level of suitability for the next phase of the master’s programme

Learning outcomes

  1. 2) Source information on contemporary situation for governments and businesses

  2. 3) Demonstrate a basic knowledge of research methods in accessing, evaluating and recording information

  3. 6) Communicate views and ideas in a range of media

  4. 5) Deploy problem solving techniques to suggest solutions to problems posed during their studies

  5. 1) Demonstrate a basic understanding of economic theories, concepts and systems

  6. 4) Show critical evaluation skills in considering arguments, opinions and data within the subject area

Assessment Methods

Type Name Description Weight
1 written essay 25.00
1 written essay 25.00
final exam 50.00

Teaching and Learning Strategy

Hours
Private study 80
Practical classes and workshops 120

Transferable skills

  • Literacy - Proficiency in reading and writing through a variety of media
  • Exploring - Able to investigate, research and consider alternatives
  • Critical analysis & Problem Solving - Able to deconstruct and analyse problems or complex situations. To find solutions to problems through analyses and exploration of all possibilities using appropriate methods, rescources and creativity.
  • Argument - Able to put forward, debate and justify an opinion or a course of action, with an individual or in a wider group setting

Subject specific skills

  • Demonstrate an understanding and ability to analyse economic issues on a local and international scale
  • Accurately apply business models to show an understanding of efficiency and external pressures to an organisation
  • Demonstrate an understanding of the business environment, legal processes and systems

Resources

Resource implications for students

Students will be required to purchase the core text book

Reading list

Mankiw, N. G. (2007) Macroeconomics (6th edition) Worth Publishers

Perloff, J. Microeconomics (4th edition) Pearson/Addison Wesley Sloman, J. (2002) Economics Prentice Hall

Courses including this module

Compulsory in courses:

  • N1BJ: MA Business and Marketing (with Incorporated Pre-Masters) year 0 (MA/BMK1)
  • N3DG: MBA Banking and Finance (with Incorporated Pre-Masters) year 0 (MBA/BIF1)
  • N2BB: MBA Environmental Management (with Incorporated Pre-Masters) year 0 (MBA/EM1)
  • N3DK: MBA Islamic Banking & Finance (with incorp pre-Masters) year 0 (MBA/IB1)
  • N1BL: MBA International Business (with Incorporated Pre-Masters) year 0 (MBA/IBUS1)
  • N2BC: MBA Information Management (with Incorporated Pre-Masters) year 0 (MBA/INFM1)
  • N2BA: MBA Management (with Incorporated Pre-Masters) year 0 (MBA/M1)
  • N3CX: MSc Investment Management (with Incorporated Pre-Masters) year 0 (MSC/IMGT1)

Home

Study

  • Postgraduate Taught Study
Home

Follow Us

  • Twitter
  • Facebook
  • Instagram
  • Youtube
  • LinkedIn

Bangor University

Bangor, Gwynedd, LL57 2DG, UK

+44 (0)1248 351151

Contact Us

Visit Us

Maps & Directions

Policy

  • Legal Compliance
  • Modern Slavery Act 2015 Statement
  • Accessibility Statement
  • Privacy and Cookies
  • Welsh Language Policy
Map

Bangor University is a Registered Charity: No. 1141565

© 2020 Bangor University