Core modules 7 & 8

Human Resource Management

Stimulates thinking and understanding about the management of people in an organisational context. The focus is on specific HRM practices and policies, their effectiveness as well as skills necessary for their implementation. Designed for line managers, it is not intended to meet the detailed technical requirements of full-time HR professionals.

Learning outcomes

• From Personnel Management to Strategic HRM and business partnering
• Resourcing, recruitment and selection
• Training and development. Talent and career management
• Performance management: appraisals & pay/rewards
• EEO and Diversity Management. HRM policy

Business Economics

THis module aims to give you a practical understanding of the tools and language used by economists to analyse individual and organisational behavior (microeconomics), and the functioning of economies and networks of economies as a whole (macroeconomics). This in turn is intended to give students an appreciation of the relevance to business of economic thinking, news about the economy, and high-level policy debates

Learning outcomes

• Understand the main market forces of demand and supply and related concepts and tools used for analysing markets
• Understand how these concepts are used to think systematically about aggregate economic growth and fluctuations, inflation and unemployment
• Uderstand why different countries are at different stages of economic development
• Understand contemporary debates about the role of fiscal policy, monetary policy, supply side, and trade and exchange rate policy in regulating economies
• Understand how the ethical, moral and legal/ regulatory norms of a society affect the way individuals, firms and markets make economic decisions
• Understand the tension between efficiency and equity, and the role of fairness and altruism in economic decisions.