Aims

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 behaviour of firms 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/emerging multinational enterprises 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 Rationale And Relationship

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

Assessment Rationale And Relationship

This module will be assessed via lectures, readings and class discussion/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.