Module manager: Dr Rajinder Bhandal
Email: R.K.Bhandal@leeds.ac.uk
Taught: Semesters 1 & 2 (Sep to Jun) View Timetable
Year running 2025/26
This module is not approved as a discovery module
This module will introduce students to the principles of Business management, organisation and economics relevant to an engineering business enterprise.
Business Economics:
- to understand the economics of the engineering business enterprise.
On completion students will:
- be familiar with economic concepts relevant to manufacturing enterprise;
- be able to apply these to business problems and compare basic theory with business practice;
- be able to identify the structure of an industrial market and analyse the effects of that structure on the performance of firms and the actions of firms in response to competition in the industry;
- understand principles of finance for manufacturing investment.
Business Organisation:
- to identify the major internal and external influences in managing a business;
- to outline the basic structures involved in a business organisation;
- to understand theories and models that describe/prescribe the process of management;
- to make, justify and evaluate decisions about business situations;
- to understand the interrelationship between functional management and general management processes.
On successful completion of the module students will have demonstrated the following learning outcomes relevant to the subject:
1- Apply economic and management theories, concepts and tools to business problems
2- Apply economic principles for financing investment decisions
3- Analyse the structure and market environment of business
4- Assess the role of managers within organisations and reflect on this in relation to their own professional development
These module learning outcomes contribute to the following AHEP4 learning outcomes:
5- Apply knowledge of engineering management principles, commercial context, project management and relevant legal matters. [C15]
Skills Learning Outcomes
On successful completion of the module students will have demonstrated the following skills:
a- Commercial Awareness
Business Economics:
- economics of production processes and costs;
- product demand and the theory and practice of pricing;
- the firm in different market structures;
- strategic interaction of firms;
- investment decisions.
Business Organisation:
- Introduction: developing a whole systems perspective to the nature of management, foundations of management understanding, managing in a global environment and the environment and corporate culture.
- Planning: organisational goal setting; strategy formulation and implementation and managerial decision making.
- Organising: fundamentals, structural design, innovation and change, human resource management.
Methods of assessment
The assessment details for this module will be provided at the start of the academic year
| Delivery type | Number | Length hours | Student hours |
|---|---|---|---|
| Lecture | 2 | 2 | 4 |
| Lecture | 17 | 1 | 17 |
| Seminar | 10 | 1 | 10 |
| Independent online learning hours | 169 | ||
| Private study hours | 0 | ||
| Total Contact hours | 31 | ||
| Total hours (100hr per 10 credits) | 200 | ||
Students will be provided with formative feedback via seminars through exercises and case studies used.
The reading list is available from the Library website
Last updated: 30/04/2025
Errors, omissions, failed links etc should be notified to the Catalogue Team