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MODULE DESCRIPTOR
Module Title
Finance and Economics for Managers
Reference BS2091 Version 2
Created August 2021 SCQF Level SCQF 8
Approved July 2018 SCQF Points 30
Amended August 2021 ECTS Points 15

Aims of Module
To develop knowledge and understanding of economics and business finance within the context of a changing financial environment.

Learning Outcomes for Module
On completion of this module, students are expected to be able to:
1 Perform business maths calculations relevant to finance decisions
2 Explain the key sources of finance for business and apply this knowledge to relevant business decision-making.
3 Assess the role of working capital management in financial management.
4 Understand the economic environment for business.
5 Apply economic principles, theories and models in order to understand the basic working of markets.

Indicative Module Content
Business Finance including sources of finance, stock market, foreign currency, business mathematics. Microeconomics and macroeconomics. Markets.

Module Delivery
The module is delivered in Blended Learning mode using structured online learning materials/activities and directed study, facilitated by regular online tutor support. Workplace Mentor support and work-based learning activities will allow students to contextualise this learning to their own workplace. Face-to-face engagement occurs through annual induction sessions, employer work-site visits, and modular on-campus workshops.

Indicative Student Workload Full Time Part Time
Contact Hours 30 N/A
Non-Contact Hours 30 N/A
Placement/Work-Based Learning Experience [Notional] Hours 240 N/A
TOTAL 300 N/A
Actual Placement hours for professional, statutory or regulatory body 240  

ASSESSMENT PLAN
If a major/minor model is used and box is ticked, % weightings below are indicative only.
Component 1
Type: Examination Weighting: 100% Outcomes Assessed: 1, 2, 3, 4, 5
Description: Examination

MODULE PERFORMANCE DESCRIPTOR
Explanatory Text
Component 1 comprises 100% of the module grade. To pass the module, a D grade is required
Module Grade Minimum Requirements to achieve Module Grade:
A A
B B
C C
D D
E E
F F
NS Non-submission of work by published deadline or non-attendance for examination

Module Requirements
Prerequisites for Module None.
Corequisites for module None.
Precluded Modules None.

INDICATIVE BIBLIOGRAPHY
1 ATRILL, P. and McLANEY, E., 2022. Accounting and Finance for Non-Specialists. 12th ed. Harlow: Pearson Education Limited. ebook.
2 SLOMAN, J.,GUEST, J. and GARRATT, D., 2022. Economics. 11th Edition. Harlow: Financial Times Prentice Hall. ebook.


Robert Gordon University, Garthdee House, Aberdeen, AB10 7QB, Scotland, UK: a Scottish charity, registration No. SC013781