SM9714 - International Trade and Finance

The module combines classroom teaching, supported seminar tasks, group tasks and independent learning. Classroom learning will include scheduled lectures and seminars guided by tutors. Students will be provided with support through an e-learning platform, digital resources including texts, videos and focused case studies. You will be expected to prepare in advance of identified sessions and participate in class tasks and discussions. You will be further expected to reflect on your own experiences and apply the concepts explored in class to support your overall learning.

You will be supported with a comprehensive set of learning materials via the e-learning platform, including access to academic materials such as journal articles, reports and case studies, alongside grey literature such as company reports, newspaper and magazine articles, videos and blogs. The platform will include comprehensive reading lists for each component of the module (lectures and seminars).
Ongoing support and guidance will also be provided by the teaching team through a mix of class sessions and via discussions on the e-learning platform.

All modules at Northumbria include a range of reading materials that students are expected to engage with. The reading list for this module can be found at: http://readinglists.northumbria.ac.uk
(Reading List service online guide for academic staff this containing contact details for the Reading List team – http://library.northumbria.ac.uk/readinglists)

Knowledge & Understanding:
1. Demonstrate a critical understanding of concepts underpinning international trade and finance and their influence on international business.

2. Apply theoretical concepts relating to international trade and finance environments to real world organisational contexts.

Intellectual / Professional skills & abilities:
3. Develop awareness of critical analysis and problem solving for businesses in international contexts

4. Reflect on how theory, analytical skills and teamwork can be applied towards the development of solutions for practical problems in international business contexts.

Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA):

5. Develop a global and cultural awareness of complex issues in international trade and economic contexts, and appreciate ethical implications of international business

Formative assessment:
Interactive taught sessions will support students through group tasks and the presentation of the results in class. Formative and ongoing feedback will be provided through these set tasks. Students will be encouraged to reflect on this formative feedback as part of their learning and to support the summative assessment tasks.

Summative assessment:
The summative element of the assessment comprises two components.

Component 1.
An Individual assignment focused on a key aspect of international trade and finance, topic to be set by the Module Tutor. Length set at 2,500 words. Weighting 60%

Component 2:
A closed-book exam covering the module learning outcomes. Duration 1.5hours.
Weighting 40%

None

None

This module will help you to gain a detailed understanding of international trade and finance flows, as well as the economic environment in which international businesses operate. The module combines both theory and practical insights to help in your understanding of international trade, including developing your insights into who benefits and who may be harmed by international trade in a globalised economy. You will be introduced to models of international trade theory and supported to apply your understanding to real world issues. You will learn through a combination of lectures, seminars and group work to apply your insights to cases. By the end of this module, you will better understand how international trade and finance flows shape international business outcomes.