ECM122-Small Business Economics

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:
Module version for: 2016/7

Module Convenor: Dr Nigel Wadeson

Email: N.S.Wadeson@reading.ac.uk

Summary module description:
A coverage of theory and data on the economics of small firms.

Aims:
To provide students with an understanding of the importance of small firms and of theory relevant to them.
To give a knowledge of empirical evidence on small firms.

Assessable learning outcomes:
-A full understanding of the contribution of small and medium size enterprises (SMEs) to employment, output, innovation and economic growth.
-A grasp of theories relevant to SMEs, and the distinctive differences between SMEs and large firms.

Additional outcomes:

Outline content:
-Small businesses: definitions & statistics
-The birth of firms
-The death of small firms
-The growth of small firms
-Financing
-Small firms and innovation
-Employment
-Franchising
-Government Policies

Brief description of teaching and learning methods:
Attendance at 9 x 2 hour sessions of lectures, with opportunity for questions and discussions, 1 x 2 hour test and 1 x 1 hour revision session.

Contact hours:
  Autumn Spring Summer
Lectures 20 1
Guided independent study 159 20
       
Total hours by term 20.00 160.00 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:
One 3,000 word essay submitted by a specified date and one 2-hour test.

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: http://www.reading.ac.uk/internal/exams/student/exa-guidePG.aspx

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: Storey and Greene, Small Business and Entrepreneurship, RRP £58.99.
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: 21 December 2016

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