You live, and you will work, in a world where economic activity is global in scale. National boundaries now matter very little to decisions about where goods are made and services provided - your personal computer might be made in Taiwan, when you contact a call centre the person answering your call might be living in India, and when you come to the University of Dundee you will meet staff and students from all over the world. By studying International Business you will understand how this has come about, and what it implies.
You will be fully equipped to develop your own career in this new and challenging work environment.
Our Global Economic Perspectives module received the award for the best undergraduate course in economics from the Economics LTSN – the national body which supports Economics teaching.
The Economic Studies Society is run by our students who organise various events throughout the year.
| Introduction to Financial Accounting 1FA - AB11002 | Semester 1 | Credits 20 |
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Covers the basic concepts of accounting practices, including book-keeping and introduces the production of external financial reports. |
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| Foundations of Economic Analysis - EC12003 | Semester 2 | Credits 20 |
| This module introduces you to the tools needed to analyse how an economy works. It helps you to understand consumer choice, how prices are set, the way firms and markets operate, whether monopoly is efficient, why governments might choose to regulate industry or provide services such as health and education. Issues such as the determination of national income are examined along with policy options available to governments to reduce unemployment and inflation. | ||
| Global Economic Perspectives - EC11002 | Semester 1 | Credits 20 |
| This module is completely self-contained and aims to provide students with a broad conceptual base. It is an introduction to the ideas that form the basis of analytical economics, which you will encounter in the twin module Foundations of Economic Analysis. The module presumes no previous knowledge or understanding of economics. The module is designed very much with the beginner in mind; however, those of you who may have taken an Economics course at school will find the approach refreshingly new and the coverage wider than you have encountered before. | ||
| Introductory Management Accounting 1MA - AB12003 | Semester 2 | Credits 20 |
| Introduces some of the main topics and issues with which management accounting is concerned. It covers three core areas of management accounting namely: cost ascertainment for profit measurement; information for planning; and information for controlling operations. |
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| Intermediate Financial Accounting 2FA - AB21002 | Semester 1 | Credits 20 |
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| Concentrates on the preparation of the financial information of a business entity including - financial statements of a limited company, consolidated financial statements of a group of companies and the concept and preparation of the cash flow statement. | ||
| Macroeconomics & Economic Statistics - EC22002 | Semester 2 | Credits 20 |
| This module shows why money markets are important in the real world, why there is so much disagreement about what appropriate macroeconomic policy is, and how policy works in practice. Economic Statistics introduces you to a selection of statistical procedures commonly used to measure the performance of companies and countries. | ||
| Intermediate Financial Management 2FM - AB22004 | Semester 2 | Credits 20 |
Introduces the major theoretical themes which inform thinking about financial management in practice. |
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| Microeconomics - EC21001 | Semester 1 | Credits 20 |
| This module covers the micro aspects of the economy by focusing, initially, on the basic theories of consumer and firm behaviour. These provide the basis for the derivation and analysis of market demand and supply in various settings. The module then examines these settings by looking more closely at the market structure, and attempts to highlight: i) the conditions under which markets will or will not produce desirable outcomes; and ii) the role of government in improving the operation of markets. | ||
Study Abroad students may take level 3 modules, however, evidence of prior knowledge may be required in the form of transcripts. To find out more about this contact us.
| Advanced Financial Accounting I 3FA - AB30001 | Semesters 1 & 2 | Credits 20 |
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| Together with the Level 1 and Level 2 Financial Accounting modules, this module gives a comprehensive coverage of the practical aspects of preparing and understanding published financial statements, focussing on the topics which are specifically required for professional accreditation purposes. | ||
| Advanced Financial Management 3FM - AB30002 | Semesters 1 & 2 | Credits 20 |
| This module provides an introduction to modern theories of corporate financial management. It develops analytical techniques introduced in the Level 2 Intermediate Financial Management module. It also considers new topics and introduces ideas contained in books and articles published by leading specialists in financial management. It aims to develop an understanding of the link between the theory and practice of modern financial management in large firms. | ||
| Business Economic Analysis - EC30014 | Semesters 1 & 2 | Credits 30 |
| This module applies economic methods to the operations of the firm. It examines the firm in the context of its market structure and looks at specific decisions made by the firm to expand, to advertise or to invest in a project. It also looks at the role of agents such as consumers, owners, managers and entrepreneurs in creating the firm's environment. | ||
| Marketing - EC30003 | Semesters 1 & 2 | Credits 30 |
| This module introduces you to the principles of marketing and provides the opportunity to gain a practical understanding of modern marketing methods. Through the extensive use of case studies, the module examines the history of marketing, consumer behaviour, the nature of the marketplace and the key elements of the marketing mix. | ||
| Econometrics - EC30001 | Semesters 1 & 2 | Credits 30 |
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| This module provides an introduction to the theory of statistical inference and the application of regression analysis in applied economics. By the end of the module you should have a sound understanding of basic econometric principles and the practical skills to estimate simple economic relationships in a competent manner. | ||
| Economics of the European Union - EC30007 | Semesters 1 & 2 | Credits 30 |
| Major developments that have recently taken place within the European Union are examined from an economist's perspective. Issues covered include economic and monetary union, the single European market, the expansion of the European Union to include countries of Eastern Europe and the former Soviet Union and ongoing reform of the Common Agricultural Policy. By examining policy prescriptions and current practice with the aid of relevant theory, this course prepares students for the challenges and opportunities that the ongoing process of European economic integration provides. | ||
| Financial Institutions - EC30005 | Semesters 1 & 2 | Credits 30 |
| The role of financial institutions in a developed economy is the subject of this module. You will cover topics such as the principles of banking, the supply and demand for money, the operation of monetary policy, and the regulation of the financial system. | ||
| Human Resources - EC30008 | Semesters 1 & 2 | Credits 30 |
| The past two decades have seen in many countries the emergence of Human Resource management as a central part of company policy. Optimal HR and personnel policies are a major source of sustainable competitive advantage. We examine the role of economic analysis in constructing such policies and how they affect recruitment, selection, performance appraisal, training and rewards management. | ||
Study Abroad students may take level 4 modules, however, evidence of prior knowledge may be required in the form of transcripts. To find out more about this contact us.
| Business Strategy - EC40007 | Semesters 1 & 2 | Credits 30 |
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| The concept of strategy, the role of the strategist, and the process of strategy formulation and formation are examined in a variety of business contexts. The extensive use of case studies will provide you with practical illustrations of the theoretical material discussed in the module. | ||
| Economics of Globalisation - EC40004 | Semesters 1 & 2 | Credits 30 |
| This module studies the determinants of the pattern of international trade specialisation and the welfare effects of trade restrictions at the level of the individual country, regional groupings and the world as a whole. Some topical issues will be address, eg labour standards and the quest for "fair trade" and the role of multinational corporations in the global economy. | ||
| Economics of International Business - EC40014 | Semesters 1 & 2 | Credits 30 |
| The module introduces students to the building blocks of global business environment and familiarises students with issues related to international trade, investment and the global monetary system. The module will enable you to understand the strategies and structures of international businesses. | ||
| Advanced Financial Accounting II - AB40001 | Semesters 1 & 2 | Credits 30 |
| Together with Introductory Financial Accounting, Intermediate Financial Accounting and Advanced Financial Accounting 1, this module gives a comprehensive coverage of the practical aspects of preparing and understanding published financial statements. | ||
| Financial Management Theory - AB40004 | Semesters 1 & 2 | Credits 30 |
| This module aims to outline some of the most advanced theories of financial management and to subject the views of leading exponents in this field to critical scrutiny. It seeks to further develop students' understanding of topics covered in Level 3 by examining the material in greater depth, paying special attention to modern theories of corporate finance. The module will introduce a number of new topics in the area of corporate finance and aims to encourage students to undertake independent reading of the related literature. | ||
| Business Decisions - EC40001 | Semesters 1 & 2 | Credits 30 |
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| The aims of this module are to introduce you to a range of basic techniques in business decision making and to show how these techniques may be applied to aid the decision making process. The module will cover Linear Programming, Scheduling and Network Models. On completion of the module you should be able to apply simple algorithms in this field, interpret the results of such applications and discuss their more general applicability. | ||
| Dissertation | ||
| The dissertation provides you with the opportunity to investigate a specific issue or case study in depth. This will involve wide reading and original research together with the use of concepts and techniques acquired during the module of your degree. | ||
| Financial Economic Analysis - EC40010 | Semesters 1 & 2 | Credits 30 |
| You will receive a thorough grounding in financial market analysis so that you are able to understand the behaviour of financial agents and the implications of their behaviour. Within this context, the module discusses how financial assets are priced and how various financial instruments are used in the market place. | ||
| Industrial Economics - EC40002 | Semesters 1 & 2 | Credits 30 |
| Concerned with the behaviour of firms and industries, this course offers an in-depth examination of such issues as the determinants of firm and market structures, research and development, and strategic market behaviour. The course illustrates theoretical material by means of empirical case studies and also considers policy implications. | ||
| International Finance - EC40005 | Semesters 1 & 2 | Credits 30 |
| In this module you learn to examine various aspects of the world of international finance, e.g. foreign exchange markets, international money markets, balance of payments and exchange rate policies, the international monetary system and international debt problems. | ||
| Marketing Research - EC40011 | Semesters 1 & 2 | Credits 30 |
| Marketing research draws on various disciplines in order to provide reliable information to managers in a marketing context. This module will introduce you to the various stages of a marketing research project, placing particular emphasis on the design of surveys, the design of questionnaires and the analysis of results. The module will deal with issues that arise in various market research settings including business-to-business marketing and international marketing. | ||
| Risk and Information - EC40006 | Semesters 1 & 2 | Credits 30 |
| You will be introduced to the ways in which individuals, firms and governments take decisions with limited amounts of information in uncertain environments. By the end of the module you will have a sound understanding of the functioning of a variety of markets characterised by risk and imperfect information such as insurance, credit and labour. | ||