This module looks at the business structure and the impact of internal and external factors on business growth and development. It introduces students to approaches to management and leadership within businesses and how thinking about management has developed over time.

The module also considers how businesses have impacted society and the environment and the need for companies to behave ethically and sustainably. It considers the impact of modern technology on businesses and how they need to respond to change and innovation. the subject area) and reporting their findings both in written form and through a presentation.

This module aims to provide students with a basic introduction to the study of Macro and Microeconomics, introducing them to relevant economic theories, concepts and terminology and explaining the importance of key topics such as demand and supply, the financial problem, the allocation of scarce resources and ideas around elasticity, specialisation, productivity, economies of scale and monopoly. Students consider different economic models and the importance of and bases for government’s financial decision-making, including the significance of key indicators such as GDP, inflation and unemployment. They also consider external influences and constraints on government action, such as EU membership and the impact of globalisation.