2022/2023
Global Business Environment
Type:
Minor
Delivered by:
School of World Economy
When:
1, 2 module
Online hours:
26
Open to:
students of all HSE University campuses
Language:
English
ECTS credits:
5
Contact hours:
50
Course Syllabus
Abstract
The ultimate goal of the minor “International Business” is to equip both Russian and international students of Higher School of Economics with knowledge and practical guidelines for understanding international companies’ activities. It starts with the course on international business environment that provides insights into the key elements of the global marketplace and examines forces that drive international companies’ strategies and operations. This introductory course gives students basic knowledge and helps them identify their interests in the field of international business to further specialize in one of the minor tracks: International business strategies (delivered in English) and Management decisions in International Business (delivered in Russian). The track “International Business Strategies” introduces students to the complexity of strategic decisions developed and implemented in international companies. Opportunities and challenges, business faces globally and in deferent divisions and markets, are studied in detail and integrated into company’s international strategic alternatives which are discussed with the help of real-life examples and case studies of best and worst practice. The track “Management Decisions in International Business” is aimed at learning necessary instruments which are used by specialists responsible for international business competitiveness enhancement. The track is practice-oriented and includes business cases analysis, master classes and business games. The minor “International Business” will help students interested in building successful career in a globalized world understand specifics of international companies’ operations and moves. The knowledge and skills gained during the minor courses 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. ///////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////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. 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. 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. The course provides students with skills and knowledge to understand how global environment forces influence international companies’ operation that shape international production, trade flows and foreign direct investments. The ultimate goal of the course is to facilitate students’ understanding of firm-level decisions in the face of the global environment factors.
Ссылки на онлайн-курс:
https://www.coursera.org/learn/international-business
https://www.coursera.org/learn/international-business-2
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
- Determines SDGs and their impact on international business
- interprete the main trends of global environment
- Operates the main economic terms
- Understands the major issues related to world economy
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
- 2022/2023 2nd module0.3 * Classwork + 0.3 * Exam + 0.2 * Homework + 0.2 * Colloquium
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