Course Title: Manage economic trends in the global market
Part B: Course Detail
Teaching Period: Term2 2012
Course Code: MKTG6982
Course Title: Manage economic trends in the global market
School: 650T TAFE Business
Campus: City Campus
Program: C6101 - Advanced Diploma of International Business
Course Contact : Tim Wallis
Course Contact Phone: +61 3 9925 5423
Course Contact Email:timothy.wallis@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Jeff Roseman
David Plowman
Nominal Hours: 60
Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
Pre-requisites and Co-requisites
None
Course Description
This course applies to individuals with managerial responsibility for analysing and interpreting international economic trends, market and political changes. The purpose and the intention of reporting on these trends are to assist business to plan and make sound local and international transactions
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
VU20069 Manage economic trends in the global market |
Element: |
1. Research local and international markets |
Performance Criteria: |
1. Research local and international markets 2. Analyse economic trends in global markets 3. 1 Report on all the data for written or visual presentation 3.2 Ensure report can be utilised by businesses when making local and international transactions |
Learning Outcomes
This course describes the performance, skills and knowledge required to manage economic trends by analysing data from global markets.
Details of Learning Activities
A range of learning activities are planned for this course including self-paced and collaborative classroom based activities.
The self-paced activities will be delivered through various technology platforms and include the student contribution to wikis and discussion threads, reflective journals, quizzes and interactive sessions.
The collaborative classroom based activities will include group discussion, group problem solving activities and opportunities for the student to practice skills in a simulated working environment. It is expected that the student will take and active part and collaborate in all scheduled activities.
Teaching Schedule
Week and content
0. Introduction and global trends
1. Factors affecting world trade
2. National advantages, structure of the firm, absolute and comparative advantages
3. Primary industry and transport theories
4. Agribusiness
5. Student study week
6. Manufacturing
7. Population and urbanisation issues
8. Legislation issues
Mid Semester Break
9. Sustainability and green issues
10. The Arab World and China
11. Vietnam opportunities
12. South America opportunities
13. Negotiation styles
14. Presentations
15. Presentationms
16. Finalisation of results, interviews and feedback
17. Complete finalisation of results, interviews and feedback
Learning Resources
Prescribed Texts
There is no prescribed text but suitable reference text details will be supplied by the teacher in classes. |
References
Other Resources
Overview of Assessment
Students must demonstrate an understanding of all elements of a particular competency to be deemed competent. Assessment methods have been designed to measure achievement of each competency in a flexible manner over a range of assessment tasks.
Assessment will incorporate a variety of methods including assignments, journals, presentation and written or test. Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met.
Assessment Tasks
Task One Topic Test
Task Two Essay "The Future of Global Business"
Task Three Essay "The New Silk Road"
Task Four Presentations
Assessment may incorporate a variety of methods including in-class exercises, problem-solving exercises, assignments, group or individual projects, presentations and written or practical tests, as well as homework activities.
Other activities may be workplace-based or simulate work practices. These may include the production of technical requirements documents, direct observation of workplace practices and the presentation of a portfolio of evidence. This portfolio may include documents, photographs, video and/or audio files.
Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met. Students will be provided with feedback throughout the course to check their progress.
Critical aspects of assessment
The critical aspects of assessment are:
• Validity – the assessment tool is designed and implemented so that it measures performance accurately and precisely
• Reliability – the assessment tool is designed and implemented so that the measurements received are consistent over a period of time or a number of assessment events
• Fairness – the assessment tool is designed and implemented so that it is non-discriminatory and unambiguous
• Flexibility – the assessment tool is designed to allow for its application in a range of different contexts and conditions, and uses a range of methodologies.
Assessment Matrix
Other Information
Graded Assessment at RMIT
At RMIT, the grades to be used for VET programs are:
DNS - Did not submit for assessment
NYC - Not yet competent
CAG - Competency achieved – graded
CC - Competent with credit
CDI - Competent with distinction
CHD - Competent with high distinction
Course Overview: Access Course Overview