2020/2021
Global Business Environment
Language:
English
ECTS credits:
5
Contact hours:
50
Course Syllabus
Abstract
This introductory blended course gives students basic knowledge and helps them identify their interests in the field of international business. The course will help the students who are interested in building successful career in a globalized world to understand specifics of international companies’ operations and moves. The knowledge and skills gained during the course could be broadly applied – in international companies and their affiliates, governmental structures, international institutions and other organizations that interact, study or manage international business activities. b) Abstract The course “Global business environment” is a broad survey of the field of international business and provides the foundations for further specialization in this field. It begins with a brief overview of international business, focused on the concept of globalization. It also includes topics on the role of national policies and cultures, the evolution of international markets in goods, services and finance, and the supernational mechanisms and infrastructures for trade, investment and finance.
Learning Objectives
- The course aims to introduce students to the structure and features of the global marketplace and highlights how environmental factors, i.e. social, economic, cultural, and technological aspects, affect international companies and their operations.
Expected Learning Outcomes
- Understands the major issues related to world economy
- Operates the main economic terms
- interprete the main trends of global environment
- Determines SDGs and their impact on international business
Course Contents
- History of the world economy and the role of MNC
- Globalization and Integration
- Institutions
- Culture
- Trade
- Foreign Currencies and Exchange Rates
- Business organization abroad
- Adaptation of products and services for the international market
- Managing human resources
- Demography and migration
- Organizing business in the global environment
- Current State of the Global Business Environment
- Sustainable Development Goals: Introduction
- Climate Change, Water Shortage and Energy
- Sustainable Development Goals: Biosphere and society
- Global food problem
- Sustainable Development Goals: Economy
- Sustainable Development Goals: Stakeholders and system thinking
Assessment Elements
- Classwork
- Colloquium
- Homework
- ExamThe final control is presented by an examination at the end of the course, which is supposed to evaluate the students’ knowledge acquired during the two modules course. 18 topics presented in the program are under discussion at the exam. In the students’ answers, thorough knowledge of academic literature, innovative approaches to the problems discussed and foresights related to the anticipated mega-trends of international economics are encouraged and most highly appreciated.
Interim Assessment
- Interim assessment (2 module)0.3 * Classwork + 0.2 * Colloquium + 0.3 * Exam + 0.2 * Homework
Bibliography
Recommended Core Bibliography
- International economics : theory and policy, Krugman, P. R., 2015
- Krugman, P. R., Obstfeld, M., & Melitz, M. J. (2015). International Economics: Theory and Policy, Global Edition (Vol. Tenth edition, global edition). Boston: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=1419045
- Мировая экономика : учебник для вузов, Ломакин, В. К., 2009
- Мировая экономика : учебник для вузов, Ломакин, В. К., 2014
Recommended Additional Bibliography
- International business, Peng, M. W., 2011