6 points, SCA Band 3, 0.125 EFTSL
Postgraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
Faculty
Chief examiner(s)
Unit guides
Offered
- First semester 2019 (On-campus block of classes)
- Second semester 2019 (On-campus block of classes)
Co-requisites
Students must be enrolled in course B6018.
Synopsis
This unit provides an overview of the strategic, economic, political and legal environment in which business operates at the global level. It considers the role that individuals, organisations and governments play in the operation of the market both domestically and internationally. The focus of this unit will be to investigate the political economy of the contemporary world and the context that underpins managerial decision making. To this end, students will examine the myriad of global and domestic issues challenging the pursuit of sustainable business practice as a precursor to more specific units that help inform the management of business operations.
Outcomes
The learning goals associated with this unit are to:
- introduce students to a preliminary overview of the economic, legal, political and social environment in which business operations are managed
- illustrate the interaction that takes place among individuals, organisations, and governments in determining business outcomes
- facilitate an understanding of the role of globalisation in relation to the growth and interdependency of economies
- provide an understanding of how technological disruption and innovation allow for the development of capabilities that provide value for business
- assess the need for business to be ethical and socially responsible
- apply critical thinking to case-based analysis.
Assessment
Within semester assessment: 100%
Workload requirements
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
See also Unit timetable information