2017/18 Taught Postgraduate Module Catalogue

LUBS5263M The Emerging Markets

15 creditsClass Size: 100

Module manager: Yi (Elizabeth) Wang
Email: eyw@lubs.leeds.ac.uk

Taught: Semester 2 (Jan to Jun) View Timetable

Year running 2017/18

This module is approved as an Elective

Module summary

This module provides an overview of the nature of business in emerging economies, including the well-known BRICs (Brazil, Russia, India, and China) and a number of other fast growing economies which are recently drawing wide interest. Emphasis will be placed on the differences between these countries and the inter-relationship between them and the rest of the world. In particular, it also considers how the economic gravity shift towards these regions results in changing economic positions of large advanced economics and how this in turn, affects the strategies of multinational firms towards the developed and emerging markets.

Objectives

The module aims to explore the concept of “emerging markets” and to provide an introduction to the major strategic and operational challenges facing international businesses in entering and/or expanding into such a heterogeneous group of emerging markets.

Learning outcomes
On successful completion of this module students will be able to critically evaluate:
- the changing interconnectedness between these economies through the examination of the bilateral trade and investment relationships between the countries of focus;
- the strategies of multinational enterprises (MNEs) originating from these economies towards other economies

On successful completion of this module students will be able to interpret and appraise:
- the key features of the political, economic, and business environments of emerging countries and their implications for firms interested in operating in these economies
- how a business may gain competitive advantages by managing strategies towards these markets, in particular the rising powers such as BRICs

Skills outcomes
Transferable:
On successful completion of this module students will be able to:
- work as an effective team player
- effectively solve problems and make decisions

Subject Specific:
On successful completion of this module students will be able to:
- provide critical analysis of international business issues specific to individual emerging markets

Syllabus

This module examines a selection of relevant current concepts and theories underpinning studies of emerging markets, e.g., the political and economic climate in emerging economics, MNEs operating in individual BRIC economies, MNEs operating in other emerging markets, and the development of Emerging Market MNEs (EMNEs).

Teaching methods

Delivery type	Number	Length hours	Student hours
Lecture	11	2.00	22.00
Tutorial	10	1.00	10.00
Private study hours			118.00
Total Contact hours			32.00
Total hours (100hr per 10 credits)			150.00

Private study

Students will be expected to supplement lecture material (ie a general survey of each topic) with their private study. For each lecture, a summary will be given out in the form of a PowerPoint handout, together with handouts of data and other material as appropriate. Students are expected to read all the lecture notes and the attached material, and then to follow it up with further reading from the reading list.

Students will also be encouraged to revisit the case studies and suggested responses to monitor their progress throughout the module.

Opportunities for Formative Feedback

Students' progress will be monitored each week through class discussion during a case study session. During these sessions students will be expected to apply the theoretical knowledge gained during the lecture and their private study to answering case study questions.

Students will be given feedback on their responses by the module leader during the class and they will also be provided with suggested responses to the case studies after the class has finished.

Methods of assessment

Exams

Exam type	Exam duration	% of formal assessment
Standard exam (closed essays, MCQs etc)	2 hr	100.00
Total percentage (Assessment Exams)		100.00

The resit for this module will be 100% by examination

Reading list

The reading list is available from the Library website

Last updated: 26/01/2018

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