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International trade and international trade policy

2023/2024
Учебный год
ENG
Обучение ведется на английском языке
3
Кредиты
Статус:
Курс по выбору
Когда читается:
3-й курс, 2 модуль

Преподаватель

Course Syllabus

Abstract

The course “International Business” provides the theoretical framework and practical experience of international business. This is a "big picture" course with a general overview of the major areas of international business: the nature and scope of international business; architecture of the world economy; stakeholders in international business; the different types of mergers and acquisitions; relationships between multinationals and the state; the ways of external growth including the world-wide tendency of digitalization, business activity in product markets as well as in markets for knowledge and technology, etc. The successful completion of the course will increase students' capacity to think globally about a company, its business position on international markets and possible sustainable competitive advantage in rapidly changing international environment. The course has emphasis on developing students' analytical, critical and problem-solving skills through assignments, problem discussions, interactive lectures and case studies. The case studies and assignments will be used to illustrate key points of international business theory and the challenges facing organizations in an international context. The students will have opportunity to develop course project in teams. The teamwork will benefit through additional expertise provided by the students of the different educational fields and countries that will enhance the project results and will provide valuable experience of cross-disciplinary approach.
Learning Objectives

Learning Objectives

  • The main goal of the course is to provide systematic understanding of international business, its strategies and tactics, conceptual foundations and logic of its development; to increase students' critical thinking competency; to develop practical skills necessary for professional activity in the modern turbulent international business environment.
Expected Learning Outcomes

Expected Learning Outcomes

  • explain Globalization and Global Shift, Global Marketplaces and Business Centers, Legal, Technological, and Political Environments, The Role of Culture; apply theories of regional economic development, location, and trade to the contemporary process known as globalization; consider the structure of international economic relations.
  • explain International Trade and Investment, The International Monetary System and the Balance of Payments, Foreign Exchange and International Financial Markets, Formulation of National Trade Policies, the basis for trade, the gains from trade and effects of trade; understand global trends and the rapid changes in the world economy; acquaint open data and basic approaches to analyze the open economy, as well as comparative economic growth and development.
  • explain International Strategic Management, Strategies for Analyzing and Entering Foreign Markets, International Strategic Alliances, International Organization Design and Control, Leadership and Employee Behavior in International Business.
Course Contents

Course Contents

  • The World’s Marketplaces
  • The International Environment
  • Managing International Business
Assessment Elements

Assessment Elements

  • non-blocking Midterm:
  • non-blocking Final Exam:
  • non-blocking Project:
  • non-blocking Quizzes
Interim Assessment

Interim Assessment

  • 2023/2024 2nd module
    0.25 * Final Exam: + 0.25 * Midterm: + 0.25 * Project: + 0.25 * Quizzes
Bibliography

Bibliography

Recommended Core Bibliography

  • Griffin, R. W., Pustay, M. W. (2019). International Business: a Managerial Perspective. Global Edition, Pearson Education Limited.

Recommended Additional Bibliography

  • Krugman, P. R., Obstfeld, M., & Melitz, M. J. (2017). International Finance: Theory and Policy, Global Edition (Vol. Eleventh edition). Boston: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1649947