ECM120-The Economics of the Multinational Enterprise
Module Provider: School of Politics, Economics and International Relations
Number of credits: 20 [10 ECTS credits]
Level:7
Terms in which taught: Autumn term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2018/9
Module Convenor: Dr Marina Papanastassiou
Email: marina.papanastassiou@reading.ac.uk
Summary module description:
The module aims to provide students with an understanding of the economic theory of multinational enterprise that can serve as a basis for practical evaluation of the behaviour and performance of those companies.
Aims:
The module aims to provide students with an understanding of the economic theory of multinational enterprise that can serve as a basis for practical evaluation of the behaviour and performance of those companies.
Assessable learning outcomes:
A full understanding of an economics-based approach to modelling, understanding and evaluating the MNE. Ability to apply a consistent analytical framework on MNEs to assessment of their role in the contemporary global economy.
Additional outcomes:
Encouragement to apply economic models and techniques to issues in globalisation, development and political economy.
Outline content:
- Definition of MNE.
- Reasons for a theory of MNE separate from that of foreign direct investment.
- Historical emergence of MNEs.
- The eclectic framework as an approach to MNEs.
- Discussion of each element of the eclectic framework.
- Other theoretical approaches to MNE (product cycle; oligopolistic behaviour).
- Use of the theory to evaluate the implications of MNEs.
Brief description of teaching and learning methods:
Lectures and class discussions. Guidance on extended reading in existing literature. Guidance on applying techniques to practical issues.
Summative Assessment Methods:
Method |
Percentage |
Written exam |
70 |
Written assignment including essay |
20 |
Class test administered by School |
10 |
Summative assessment- Examinations:
One 2-hour unseen written paper, intended to be comprehensive of everything covered in the module.
Postgraduate examinations are held in the Summer term.
Summative assessment- Coursework and in-class tests:
Coursework comprises one essay (20% of final mark), and one test of 1 hour and 50 minutes (10%).
Penalties for late submission:
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information: http://www.reading.ac.uk/internal/exams/student/exa-guidePG.aspx
Assessment requirements for a pass:
A minimum weighted average mark of coursework and examination of 50%.
Reassessment arrangements:
Re-examination for all modules takes place in August/September of the same year.
Re-assessment is by examination only; coursework is not included at the second attempt.
Additional Costs (specified where applicable):
1) Required text books:
2) Specialist equipment or materials:
3) Specialist clothing, footwear or headgear:
4) Printing and binding:
5) Computers and devices with a particular specification:
6) Travel, accommodation and subsistence:
Last updated: 16 November 2018
THE INFORMATION CONTAINED IN THIS MODULE DESCRIPTION DOES NOT FORM ANY PART OF A STUDENT'S CONTRACT.