1/9/23, 10:32 AM BUSS40004 - BALANCE OF POWER

05/12/2022

Module Descriptor

Code: BUSS40004 Version: - Approval Status: N/A

Title: BALANCE OF POWER
Section: School of Justice, Security and Sustainability Level: 4

Contact E-mail Address VLE

Mohammad Wasim Mohammad.Wasim@staffs.ac.uk -

Pattern Of Delivery

Independent Total Learning Description of Pattern of Delivery

Contact Hours
Study Hours Hours
Occurrence A, Stoke Campus, UG Semester 2
36 164 200
Occurrence A, Stoke Campus, UG Semester 1
Occurrence A, Stoke Campus, UG Semester 2
Occurrence B, CECOS College London, UG Semester
2
Occurrence B, CECOS College London, UG Semester
2
Occurrence C, APIIT LANKA (PVT) LTD - Colombo,
UG Semester 3
Occurrence C, CECOS College - Birmingham, UG
Semester 2
Credits Occurrence D, APIIT LANKA (PVT) LTD - Colombo,
UG Semester 2
20
Occurrence E, APIIT LANKA (PVT) LTD - Kandy, UG
Semester 2
Occurrence F, CECOS College - Birmingham, UG
Semester 3
Occurrence F, Burton and South Derbyshire College,
UG Semester 2
Occurrence G, CECOS College London, UG Semester
3
Occurrence G, CECOS College London, UG Semester
3
Occurrence H, Stoke Campus, UG Semester 1
Occurrence I, APIIT LANKA (PVT) LTD - Colombo, UG
Semester 1

Site Assessment
APIIT LANKA (PVT) Written Exam - Initial exam  – MCQs weighted at 15%. Written Exam - Exam
LTD - Kandy weighted at 85%.
APIIT LANKA (PVT)
LTD - Colombo
Burton and South
Derbyshire College
CECOS College -
Birmingham

https://www.staffs.ac.uk/current/student/modules/showmodule.php?code=BUSS40004 1/3
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CECOS College
London
Stoke Campus

Registration Conditions Module Version Condition Text

None

Module Details
1. Demonstrate a knowledge and understanding of key economic concepts and principles.
Knowledge and Understanding

2. Understand and apply basic statistics and understand how these can be important for economic
analysis.
Application
Problem Solving
Learning Analysis
Outcomes
3. Apply economic analysis to different business and/or societal situations.
Application
Analysis

4. Analyse responses to dynamic externalities.

Analysis
Application
1. Initial class test  – MCQs (0.5hrs) (15%) (LO1)
Assessment
2. Individual exam consisting of multiple-choice questions, basic calculations, graphs and figures, and
Details
critical analysis - Closed book exam. (1.5 hrs) (85%) (LOs 2-4)
This module is aimed towards your understanding of decision making, business investment and spending,
including optimisation of productions towards profit generation. It will also help you to obtain a better
understanding of the respective economic policies undertaken by the government.

The knowledge you will gain will be your most reliable guide in understanding market and firm behaviour,
Indicative
and government decisions.
Content
Economic efficiency, including the coverage of externalities and public goods, will be also studied.
Throughout the module, emphasis will be on the application of theory to practical problems and policy
issues. The statistics/calculations required for understanding the concepts and models will be integrated
into the deliveries.
In this module, you will explore how markets have evolved and how they will continue to evolve, and the
Web Descriptor
role businesses and governments have in ensuring the sustainability of our planet for future generations.
The module delivery consists of the following:
1.  “Flipped ” videos that you watch before lectures. These videos have class activities at the end of
them that you must attempt before lectures.
2. A section of the lectures where you go over the flipped video class activities with the lecturer.
3. The rest of the weekly lecture.
4. A tutorial session where tutorial questions are discussed and answered.

The flipped classroom approach via the flipped videos intentionally shifts instruction to a learner-centred
model in which class time explores topics in greater depth and creates meaningful learning opportunities.
You can watch the flipped videos at a convenient time provided they are watched before the lectures.

The lectures will be interactive meaning that you are required to engage in study materials by answering
Learning the questions posed by the lecturer related to materials studied. Furthermore, you will be strongly
Strategies encouraged to follow economic related news and associate them with the topics covered during lectures.
By doing that, you will develop an understanding of the materials covered and expand on the knowledge
gained in the lectures.

A tutorial session will contribute to a thorough understanding of the module concepts and issues with the
aim of testing your understanding and developing problem-solving skills. Specifically, this will include
solving practical or in-practice multiple-choice questions or/and calculations. Also, by using case studies
you will explore how economic theory is applied in real-world situations and this will help to apply your
learning to the real world."

You will undertake  ‘formative ’ assessments during the module to help you monitor your learning
and provide you and us with ongoing feedback on your progress, that helps you prepare for the 
‘summative assessment(s) during or at the end of the module.
Gillespie, A. (2019). Foundations of Economics  – Fifth edition. New York: Oxford University Press.
Reference Texts
[Hardcopy or E-book]. Mankiw, N. (2020). Economics - Fifth edition: Cengage.
Resources LinkedIn Learning
The University Library and Learning Resources - books and academic journals
The module VLE
Electronic data bases
Learning support materials

https://www.staffs.ac.uk/current/student/modules/showmodule.php?code=BUSS40004 2/3
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Online Tools, Internet

www.bbc.co.uk/news/business
www.theguardian.com/uk/business
www.timesonline.co.uk
www.ft.com
www.economist.com
www.independent.co.uk
www.businessweek.com
http://www.frbsf.org/education/
http://www.studyingeconomics.ac.uk/
http://economics.about.com/
http://www.economicsonline.co.uk/index.html
Special
Admissions N/A
Requirements

https://www.staffs.ac.uk/current/student/modules/showmodule.php?code=BUSS40004 3/3