ECM121-Strategic Diversity and the Political Economy of Multinationals

Module Provider: School of Politics, Economics and International Relations
Number of credits: 20 [10 ECTS credits]
Terms in which taught: Spring term module
Non-modular pre-requisites:
Modules excluded:
Module version for: 2017/8

Module Convenor: Prof Robert Pearce


Summary module description:

The module aims to supply an overview of the strategic scope of MNEs (notably with regard to their generation and use of technology) and to show how this can reflect on the implications of their role in the global economy.

Assessable learning outcomes:
A detailed appreciation of the global strategies of MNEs. A comprehensive understanding of how MNEs seek both current competitiveness (efficiency) and future competitiveness (knowledge), and the pursuit of these objectives has implications for national economies' development and interfaces with processes of globalisation.

Additional outcomes:
An understanding of the need to appreciate what the MNE really is, and how it really behaves, before drawing conclusions on its role in global economic welfare.

Outline content:

  • Description of the competitive aims and strategic nature of the modern MNE.
  • The variety of roles played by individual subsidiaries and how they support an integrated global strategy.
  • Technology in MNEs.
  • How MNEs use decentralised R&D to generate new technology and apply a globalised approach to product innovation.
  • How the MNEs' behaviour affects industrialisation and development in national economies.

Brief description of teaching and learning methods:
Lectures and class discussion. Guidance on relevant formal literature. Advice on applying module content to current real-world issues.

Contact hours:
  Autumn Spring Summer
Lectures 21
Tutorials 2
Guided independent study 157 20
Total hours by term 180.00 20.00
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written exam 70
Written assignment including essay 20
Class test administered by School 10

Other information on summative assessment:
Coursework comprises one essay (20% of final mark), and one test of 1 hour and 50 minutes (10%).

Formative assessment methods:

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:

Length of examination:
One 2-hour unseen written paper, intended to be comprehensive of everything covered in the module.
Postgraduate examinations are held in the Summer term.

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: 31 March 2017

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