ULMS Electronic Module Catalogue
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title GLOBAL CAPITALIST SYSTEMS
Code MKIB160
Coordinator Dr S Stephen
Strategy, IB and Entrepreneurship
Sarah.Stephen@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2023-24 Level 4 FHEQ Second Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):
 

Modules for which this module is a pre-requisite:
 

Programme(s) (including Year of Study) to which this module is available on a required basis:
 

Programme(s) (including Year of Study) to which this module is available on an optional basis:
 

Teaching Schedule
  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 24

 6

       40

 70
Timetable (if known)              
Private Study 80
TOTAL HOURS 150

Assessment
EXAM Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
             
CONTINUOUS Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Assessment 2: Group Presentation Assessment Type: Practical Assessment Duration: 2 minutes per student (and not exceeding 10 minutes per group) Weighting: 20% Reassessment Opportunity: Yes, res  10    20       
Assessment 3: Group Report Assessment Type: Coursework Duration/Size: 3000 words (Total word count divided by number of students in group) Weighting: 50% Reassessment Opportunity: Yes, resit will   0    50       
Assessment 1: Assessed Seminars Assessment Type: Practical Assessment Size: 400 words per assessed seminar Weighting: 30% Reassessment Opportunity: Yes, resit will be via a 1200 word analysis on k  0    30       

Aims

This module aims to introduce students to the economic and business development of the major industrialised nations since 1945. Different explanations of national political and economic make up  will be outlined and the concepts of 'welfare state', and 'varieties of capitalism' are explained and applied in the assessed work.  Economic and business performance is discussed from several viewpoints - that of nations, cities, multinational and domestic firms.

Learning Outcomes

(LO1) Students will be able to explain the main trends in the development of the economies of major industrialised countries since 1945.

(LO2) Students will be able to assess the major explanations offered for differing economic and business performance using theory.

(LO3) Students will be able to demonstrate an understanding of different geographical scales of economic activity and the role played by global financial institutions in global capitalist systems.

(LO4) Students will be able to plan, execute and write up field research, breaking complex tasks into parts and steps, managing time, delegating roles and responsibilities and refining knowledge through collective discussion.

(LO5) Students will be able to develop an understanding of different international capitalist systems.

(LO6) Students will be able to present solutions to more complex problems than they could on their own by pooling knowledge and skills to complete collective tasks.

(S1) Commercial awareness

(S2) Communication skills

(S3) IT skills

(S4) International awareness

(S5) Lifelong learning skills

(S6) Adaptability

(S7) Teamwork

(S8) Presentation Skills

Teaching and Learning Strategies

Teaching Method: Lecture
Scheduled Directed Student Hours: 24
Attendance Recorded: Yes

Teaching Method: Seminar
Description: Students will have one-hour seminars every other week. Seminars will be ‘on campus’ small group ‘active learning’ seminars to facilitate the sharing of knowledge and experiences from peers.
Scheduled Directed Student Hours: 6
Attendance Recorded: Yes

Teaching Method: Other
Description: Field trip
Scheduled Directed Student Hours: 40
Attendance Recorded: Yes

Self-Directed Learning Hours: 80
Description: Self-Directed Learning will include research activity, developing academic writing skills, and wider reading to support the module

Skills/Other Attributes Mapping

Skills / attributes: Commercial awareness
How this is developed: Students will develop awareness of competitiveness and industry dynamics in relation to varieties of capitalism.
Mode of assessment (if applicable): Assessed seminars, Group Presentation and Group Report

Skills / attributes: Communication skills
How this is developed: Students will learn how to communicate insights from reading and analysing scholarly literature.
Mode of assessment (if applicable): Assessed seminars, Group Presentation and Group Report

Skills / attributes: IT skills
How this is developed: Students will utilise Canvas, which is the medium for submitting assignments and for accessing course videos, slides, and resources. They will be using Microsoft Word and Powerpoint, as well as online polling websites.
Mode of assessment (if applicable): Assessed seminars, Group Presentation and Group Report

Skills / attributes: International awareness
How this is developed: The course is international in scope. Students will learn about different global capitalist systems.
Mode of assessment (if applicable): Assessed seminars, Group Presentation and Group Report

Skills / attributes: Lifelong learning skills
How this is developed: The course develops several transferable skills including working in teams, project management, stress management, and time management. Students will learn how to read, think, and write critically and to communicate clearly. The field trip provides students with first hand exposure of a different economy and helps cultivate curiosity, research and analytical skills, critical thinking, problem-solving, team working, cultural awareness, and respect.
Mode of assessment (if applicable): Assessed seminars, Group Presentation and Group Report

Skills / attributes: Adaptability
How this is developed: As the course’s home is the Canvas page, students will adapt to this virtual environment that supplies course materials and is the channel for submissions. The assessments also require students to adapt to the circumstances (individual learning, group learning, group work) and the fieldtrip requir es adapting to a new country
Mode of assessment (if applicable): Assessed seminars, Group Presentation and Group Report

Syllabus
 

1. Global economy, capitalism and the welfare state
2. Development of globalised world since 1980
3. Business structures in the industrialised world
4. Growth and competitiveness
5. Capitalist models
6. Deglobalisation trends and Brexit
7. International finance and global financial institutions
8. Fieldtrip - Learning by observing

Recommended Texts
Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.