You can't render a dropdown list for a model because there is no way of representing the model in its entirety in a dropdown. What is ASP.NET supposed to render?
What you can do if you would like to select a model from a list is to run a LINQ Select query on the list, whereby you create an IEnumerable<SelectListItem> like this:
var selectList = Model
.Select(x => new SelectListItem
{
Name = x.module_name,
Value = x.module
});
I have tried to take the values from the screenshot that you posted. Apologies if I made an error. You get the idea...
What this code does is loop through the collection of your object type (Model.Select) and returns a collection of SelectListItem. If you are unfamiliar with LINQ you need to think of Select as a transformative function. It takes a collection, and for each element transforms it into something else and returns the result. Here, it takes each element of the Model collection and creates a SelectListItem. It then returns an IEnumerable<SelectListItem>.
To render the list on the page you do the following:
@Html.DropDownListFor(Model.MyValue, selectList)
...where Model.MyValue is the variable which receives the selected value (assuming that the value, model is a string, which it appears to be).