Microeconomics Theory and Policy
This module teaches essential concepts in microeconomic theory, comprising examination of consumer behaviour, the theory of the firm, and welfare economics. The module builds upon foundations of elementary microeconomic theory to deepen and extend knowledge of concepts and techniques of neoclassical microeconomics. This will involve the application of the theory of rational choice to individuals and firms under conditions of certainty.
This module examines the nature and scope of firms’ activities, and various issues relating to industrial structure and policy. The first part investigates economic explanations of the nature of firms and the scope of their activities, vertical integration, merger and acquisition strategies, diversification, and the internal organisation of firms, including corporate governance. The second part examines the relationship between industry and market structure, and firm behaviour and performance. Competition policy and technological change are also examined.
Human Resource Management+
This module examines the key concepts of Human Resource Management that are used to lead, motivate, manage and remunerate people in contemporary organizations.
Macroeconomics Theory and Policy
This module provides a thorough grounding in aggregate economic behaviour at an intermediate level. In particular, the module focuses on the theoretical explanations of how the macroeconomy works, as well as relevant policy issues. The first part looks at the economy in the long and the short run. The classical theory is introduced, and the IS/LM model of the economy in the short-run is developed. Stabilization policy and constraints in implementing fiscal and monetary policy are introduced. The second part focuses on the open economy, using the Mundell-Fleming model to examine how monetary and fiscal policies affect the economy under fixed and floating exchange rate regimes. The Solow model of long-run growth and the endogenous growth model are introduced.
Research Methods (approved ABS/IEC option)
This module covers research skills and provides an in-depth study of business-related research methods. The module emphasises the importance of an objective approach to research. The module also introduces the practice of research, including ethics and methodology, utilizing both qualitative and quantitative research methods.
This module provides an analysis of how markets achieve economically efficient allocations and why, when they fail to do so, environmental degradation often results. The module explores how governments, NGOs and businesses might intervene to address environmental issues, and evaluates the effectiveness of a range of policy instruments including command-and-control instruments and incentive-based instruments. The module examines the monetary and non-monetary valuation of environmental goods and services, and the implications for the design and evaluation of environmental policies, as well as macro-economic indicators such as Green GDP measures. A series of contemporary environmental policy case studies illustrate applications of the relevant theory and policy tools.
Arweinyddiaeth Strategol / Strategic Leadership+
This module provides the facilitating knowledge to effectively examine digital business strategy, and identify the opportunities and threats of effective implementation.
Sgiliau Cyflogadwyedd ar gyfer Gweithwyr Proffesiynol / Employability Skills for Professionals+
Trade, Development and Growth
This module examines the relationship between trade, growth and economic and social development, focusing on the evolution of the international division of labour, its causes, and the consequences for economic growth and development and social change.
Seicoleg Sefydliadol / Organisational Psychology+
This module examines the key concepts of Organisational Psychology that are relevant to the design of the organisational structure and the leadership and management of people in contemporary organizations.
Semesters 1 & 2
Traethawd Hir / DissertationX
This module consolidates business management, marketing, economics, business finance and tourism management skills in the framework of an in-depth study of a topic selected by the student under the guidance of members of academic staff. Support is provided through lectures on research techniques, project management, managerial implications, workshops, seminars and supervision.
* Module is available with Welsh-medium lectures and tutorials.
+ Module is available with English-medium lectures supported by Welsh-medium tutorials.
X Option is available for Welsh-medium supervision and submission.
International English Centre (IEC) modules available to international students only.