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Module

NBS8495 : Emerging Economies: Challenges and Opportunities

  • Offered for Year: 2022/23
  • Module Leader(s): Professor Stephen Chen
  • Owning School: Newcastle University Business School
  • Teaching Location: Newcastle City Campus
Semesters
Semester 2 Credit Value: 10
ECTS Credits: 5.0

Aims

This module focuses on studying emerging economies, 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. In particular, it focuses on 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 emerging market firms.

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Guided Independent StudyAssessment preparation and completion130:0030:00N/A
Guided Independent StudyDirected research and reading133:0033:00N/A
Scheduled Learning And Teaching ActivitiesWorkshops93:0027:00PIP. The MBA is a small group so this is also small group teaching.
Guided Independent StudyIndependent study110:0010:00N/A
Total100:00
Teaching Rationale And Relationship

Workshops include lectures and case study discussions to enable students to develop their knowledge and understanding of doing business in different emerging markets 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 word report on a selected emerging market or firm.
Formative Assessments
Description Semester When Set Comment
Case study2MCase study practice on emerging economy or emerging market firm in class.
Assessment Rationale And Relationship

The lectures, readings and class discussion/seminar activities aim to help students develop the understanding and analytical skills needed to complete the assessment. The main assessment tests the students individually on how well they have developed both their factual understanding of the topic and their skills in applying their knowledge to an emerging market or business of their choice. The formative assessment assessment of a case study of an emerging market economy or business will test similar knowledge and skills.

Reading Lists

Timetable