ECON20230 Economics, Organisation and Management

Academic Year 2022/2023

This module deals with firms and organization and intends to analyze them in their complexity. It relies on rigorous economic theory to derive the principles that are at work. Students will get a better understanding of key economics concepts and variables that play an essential role in securing an efficient production and exchange.

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Curricular information is subject to change

Learning Outcomes:

The modules should lead students to get a better understanding of
-The importance of organization
-The concept of efficiency
-The role of prices
-The factors that affect motivation
-The importance of property rights

Indicative Module Content:

1-Does organization matter?
2-Economic organizations and efficiency
3-Using prices for coordination and motivation
4-Bounded rationality and private information
5-Moral hazard and performance incentives
6-Risk sharing and incentives
7-Rents and efficiency
8-Property rights
9-Compensation and motivation

Student Effort Hours: 
Student Effort Type Hours
Autonomous Student Learning

80

Lectures

24

Practical

12

Online Learning

10

Total

126

Approaches to Teaching and Learning:
The module is mostly taught around a problem based learning approach.
Students will be given regular exercises. 
Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: Final year 2 hour examination 2 hour End of Trimester Exam No Standard conversion grade scale 40% No

50

Continuous Assessment: Students will have to complete online assignments along the year. Throughout the Trimester n/a Standard conversion grade scale 40% No

50


Carry forward of passed components
No
 
Resit In Terminal Exam
Summer Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Feedback individually to students, post-assessment
• Group/class feedback, post-assessment
• Online automated feedback

How will my Feedback be Delivered?

Students will be given detailed correction of all examinations and an opportunity to discuss their submissions.

Name Role
Xidong Guo Tutor
Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
 
Spring
     
Lecture Offering 1 Week(s) - 20, 21, 22, 23, 24, 25, 26, 29, 31, 32, 33 Fri 11:00 - 11:50
Lecture Offering 1 Week(s) - 20, 21, 22, 23, 24, 25, 26, 29, 30, 31, 32, 33 Thurs 09:00 - 09:50
Spring