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NBS8495 : Emerging Economies: Challenges and Opportunities

  • Offered for Year: 2021/22
  • Module Leader(s): Professor Stephen Chen
  • Lecturer: Dr Dimitry Jacob, Dr Rebecca Casey
  • Owning School: Newcastle University Business School
  • Teaching Location: Newcastle City Campus
Semester 2 Credit Value: 10
ECTS Credits: 5.0


This module focuses on studying emerging economies and how they operate and differ in their socio-political environment. Specifically, it explores their national economic, social and political institutions, processes and structures, and examines their distinct approaches and strategies to promote various reforms and developmental agendas. This includes identifying the various opportunities and challenges that emerging economies face, understanding how sustainable and enduring their strategies are, and how they solve difficult problems that promote growth in their national regions. Of particular interest, is analysing the evolving business climate, management practices and strategic behaviours of firms (such as, emerging market multinationals) in BRICS nations, and other emerging markets so that an insight into their workings can be gained. This module, therefore, provides the very latest thinking and cutting-edge knowledge of the role that emerging economies play in our globalised world.

Outline Of Syllabus

1.       Introduction to emerging economies
2.       The economic, legal, cultural, political and social institutions of emerging economies.
3.       The challenges and opportunities faced by emerging economies.
4.       Business and management in emerging economies.
5.       Focus on selected emerging economy.
6.       Examples and cases from BRICS and revision.

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture62:0012:00PIP lecture. The MBA is a small group so this is also small group teaching.
Structured Guided LearningLecture materials61:006:00Pre-recorded lecture accompanied by online discussion
Guided Independent StudyAssessment preparation and completion130:0030:00N/A
Guided Independent StudyDirected research and reading133:0033:00N/A
Scheduled Learning And Teaching ActivitiesWorkshops32:006:00PIP seminar.The MBA is a small group so this is also small group teaching.
Guided Independent StudyIndependent study110:0010:00N/A
Scheduled Learning And Teaching ActivitiesScheduled on-line contact time60:303:00Online discussion board
Teaching Rationale And Relationship

Lectures supplement student reading to provide both, theoretical and practical knowledge. In class discussions and seminar activities enable students to develop their understanding through mutual and reflective learning.

Assessment Methods

The format of resits will be determined by the Board of Examiners

Other Assessment
Description Semester When Set Percentage Comment
Report2M100A 3,000 words report on a selected emerging market.
Formative Assessments
Description Semester When Set Comment
Case study2MCase study practice on emerging economies in class.
Assessment Rationale And Relationship

This module will be assessed via lectures, readings and class discussion/seminar activities to help students develop the understanding and analytical skills needed to complete the assessment. The main assessment tests the students individually to assess how well they have developed both, their factual understanding of the topic and their skills in applying their knowledge.

Reading Lists