The University of Southampton
Courses

MANG2013 European Business Environment

Module Overview

Europe is the largest market in the world, and is also the most complex and highly regulated. This unique experiment has brought together the economies, politics and cultures of 28 different countries. In order to create a single market in which goods, services, labour and capital can move freely, numerous business regulations and directives have been implemented as a result of intense political bargaining between member countries over decades. Understanding the strategic implications of this legal, political and economic complexity is essential background for working in organisations which operate in Europe. This module aims to provide such understanding.

Aims and Objectives

Module Aims

Understanding the strategic implications of this legal, political and economic complexity is essential background for working in organisations which operate in Europe.

Learning Outcomes

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

  • the political, economic and social environment within which European business operates;
  • the global importance of the EU for business.
Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

  • relate business strategies and international management issues to the European context.
Transferable and Generic Skills

Having successfully completed this module you will be able to:

  • obtain, critically analyse and apply information from a variety of sources;
  • demonstrate effective communication skills.

Syllabus

- A brief history of the EU – politics, treaties and institutions. - The economic logic of the common market and the EU as a free trade area. - The requirement for free movement of goods, service, labour and capital – economic and legal aspects. - An outline of European institutions, their function and influence. - The EU legislative process – focusing on regulations, directives and competition law. - Foreign direct investment in the EU by multinational companies (MNCs). - The EU as a platform for global expansion of businesses. - Aspects of the politics of European integration, enlargement, and Eu- -bailouts. - Expansion of the EU – the economic advantages and disadvantages. - The Eurozone and Eurozone crisis – origins, policy options, and future scenarios. - The future of the EU – enlargement, Eurozone, USA/Europe Transatlantic Trade & Investment Partnership (TTIP), global competition. Note: the syllabus will be adapted as necessary to include any important current economic, political and social themes.

Learning and Teaching

Teaching and learning methods

The module comprises lectures and seminars. The seminars relate to the weekly lecture topics. You are required to make one short group presentation in the seminar classes, which is linked to the group report.

TypeHours
Lecture24
Seminar10
Revision20
Completion of assessment task32
Follow-up work64
Total study time150

Resources & Reading list

Frans J. L. Somers, Sonja A. van Hall, Cor van Leeuwen, Egin E. Lengton & Rene W. H. van der Linden (editors) (2010). European Business Environment: Doing Business in the EU. 

Assessment

Formative

Class discussions

Summative

MethodPercentage contribution
Assessment  (2 hours) 60%
Group presentation  (20 minutes) 10%
Group report  (1000 words) 30%

Repeat

MethodPercentage contribution
Assessment  (2 hours) 60%
Individual report  (2000 words) 40%

Referral

MethodPercentage contribution
Individual report  (2000 words) 100%

Repeat Information

Repeat type: Internal & External

Costs

Costs associated with this module

Students are responsible for meeting the cost of essential textbooks, and of producing such essays, assignments, laboratory reports and dissertations as are required to fulfil the academic requirements for each programme of study.

In addition to this, students registered for this module typically also have to pay for:

Textbooks

Recommended texts for this module may be available in limited supply in the University Library and students may wish to purchase the core/recommended text as appropriate.

Please also ensure you read the section on additional costs in the University’s Fees, Charges and Expenses Regulations in the University Calendar available at www.calendar.soton.ac.uk.

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