The purpose of this module is to introduce students to the core principles of economics, introducing the fundamentals of how economies are measured and assessed. The module will help MBA students to consider alternative economic models and understand how a complex real-world economy operates. National and global challenges impacting business will also be explored, which may include issues like economic crises, technological shifts, climate change and migration. The overarching goal is to provide an engaging learning experience that gives students a genuine understanding of economic policy issues and how it impacts the organisations they manage.

The module will explore the dominant macroeconomic performance metrics: output, employment and inflation with particular emphasis on the value of these measures, both specifically for Ireland and more broadly. It will also explore issues like inequality and production, taking both a national and global perspective; the Irish economic model, Ireland and the Great Recession, and the East Asian Economic Miracle; and will facilitate inclusion of major contemporary economic challenges as they emerge, which may include migration, artificial intelligence and climate change.

On successful completion of this module, students will be able to: - Evaluate the recent performance of a national economy. - Appraise the major challenges facing the global economy in the 21st century. - Critically assess economic policies and their likely impacts.

On successful completion of this module, students will be able to: - Display confidence and familiarity with economic discourse - Integrate economic evaluation methods into financial decision-making

On successful completion of this module, students will be able to: N/A

The module will be delivered through a combination of methods including lectures, cases studies and research projects. Graduate attributes will be developed in the following ways: Agile: Students are expected to be agile in their learning through independent study, self-directed learning and coursework; Articulate: Students will become articulate in expressing advice through the use of in-class discussions, presentations and written coursework; Courageous: Students will be required to participate openly in class discussions, group work and assessments that require them to step outside their comfort zone; Curious: Students will be encouraged to be curious in their acquisition of knowledge of through practical examples, coursework and in-class groupwork; Responsible: Students will develop a sense of responsibility through class discussions on various ethical and sustainable issues and challenges.