
EXMBM514-22C (HAM)
Economics and the Global Context
15 Points
Staff
Convenor(s)
Zac Isaac
zac.isaac@waikato.ac.nz
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Paper Description
This paper will provide you with a robust introduction to economics. After establishing the tools used to analyse and understand the economic environment in which individuals and businesses operate, we will proceed to consider the key aspects of how businesses operate within and interact with the macroeconomy. By improving your understanding of essential aspects of the economic environment and extending to the global context, this paper will help you to understand and cope with the diverse economic problems that you will encounter as a business manager.
Study Hints
Lecture slides will be provided before each class. Readings will be listed to support each set of lecture notes. The lecture notes themselves will be a valuable resource providing a summary of the main concepts and applications in the readings.
The assessment will consist of three online quizzes, a case study/group project that includes a significant individual component, and a final test. The online quizzes and final test will be based on concepts covered in the preceding lectures. The final test will consist of multiple-choice and short-answer questions. The case study/group project will be based on an analysis of the business and macroeconomic environment of a chosen country.
Paper Structure
This is a FLEXI paper that will have learning available both face-to-face (on campus) and online, thereby offering flexibility in terms of where and how students learn. Face-to-face classes will take place during the scheduled periods (11 a.m. to 2 p.m., New Zealand time) while maintaining remote and recorded access options for those not on campus. For assessment, please note there are some elements that will require students to be online at specified times. More details can be found on Moodle.
Students should confirm the timing and location of face-to-face and live (synchronous) sessions on Moodle. These are subject to change, though the intention is for the lecture times and locations to remain as listed.
Students taking the paper online should view the recorded materials and complete the paper requirements via Moodle. Interactive Zoom sessions will be scheduled for students taking the paper online.
Learning Outcomes
Students who successfully complete the paper should be able to:
Assessment
Assessment information is provided below, with additional details on Moodle
PLEASE NOTE: The University of Waikato has zero tolerance for plagiarism.
Click here for help with APA Referencing.
Click here to view the University of Waikato Grading Scale.
Click here to learn how to view Grades in Moodle.
Click here to learn how to use Turnitin to view Feedback.
Assessment Components
The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam.
Required and Recommended Readings
Required Readings
THE PRESCRIBED TEXTBOOK FOR THIS PAPER IS "PRINCIPLES OF ECONOMICS", 7TH EDITION, BY GANS, KING, STONECASH, ET AL.
Note: The 6th edition of the textbook is also suitable.
Lecture notes are provided for all key elements of this paper and can be found on Moodle. Students will also find it useful to keep up to date with New Zealand and international business news. There will be additional readings compiled from news articles that focus on the relevant topics in the class materials. These topical issues from news articles will be discussed in tutorials.
You may download relevant material and read prior to attending each session via this University of Waikato Reading List:
https://rl.talis.com/3/waikato/lists/F8756586-069B-D04A-5F33- 315D2CE00F0C.html
Recommended Readings
Other strongly recommended texts are:
Economics for Business: Blending Theory and Practice, 2nd Ed, by Worthington, Britton and Rees
Principles of Economics, 6th Ed. by Mankiw
Economics, 10th Ed. by Begg et al.
Principles of Economics, 4th Ed, by Frank and Bernanke
Economics, 4th Ed, by McTaggart
Basic Economics, 5th Ed, by Sowell - Chapter 1 is strongly recommended for those who have not studied economics before.
However, almost any other principles of economics or introductory economics texts will do just as well.
Additional resources may be identified over the semester.
Students are strongly encouraged to read The Economist and the National Business Review.
Online Support
Waikato Management School Helpdesk: wms_helpdesk@waikato.ac.nz, 0800 WAIKATO, extn 4599
ITS: https://landesk.waikato.ac.nz0800 WAIKATO,extn 4008
Moodle help files
Workload
According to the university points system, students are expected to spend 150 hours in total on a 15-point paper.
Linkages to Other Papers
Restriction(s)
Restricted papers: EXPM506