| Uitgebreide vaknaam |
International Business Environment |
| Leerdoelen |
1. Understand the basic insights of international trade and exchange rate theory and express their intricacies in a lucid and cogent manner.
2. Investigate and evaluate the relative strengths and weaknesses of the various theories at a basic level.
3. Explain the abstract principles at the heart of the theories to a "knowledgeable" audience, and describe their consequences for the application of the theories.
4. Reflect analytically on the theoretical issues dealt with during the course and their relevance for the operation of a firm operating across borders. |
| Omschrijving |
When firms cross borders to generate value added abroad, they are confronted with many environmental uncertainties. Currency values, trade barriers, curbs on international investment, and the degree of macroeconomic stability in countries where production is carried out and/or goods are traded are but a few of the factors which influence a firm's daily operations and long-term (strategic) planning. In order to allow a firm to succeed internationally, its managers must not only understand how these factors impact the firm's competitive environment, but also how they are likely to evolve in the future and why. This course introduces students to the economic theories which help understand the market forces driving the global economy, as well as discussing how governments are likely to implement economic policies and their consequences for the international economy. These insights provide an essential input to our understanding of the macro-economic environment in which international business takes place. This course deals with trade theory. The follow-up course ´FDI, Trade & Geography´ in semester 2B deals with the monetary and financial aspects of globalization, and the changing geography of economic activity. |
| Uren per week |
4 |
| Onderwijsvorm |
-hoorcollege , -werkcollege
|
| Toetsvorm |
-actieve deelname, -schriftelijk tentamen (open en mc vragen), -tussentijds tentamen (mc vragen)
|
| Vaksoort |
propedeuse
|
| Coördinator |
Dr. M.J. Klasing
|
| Docent(en) |
R. Guri
, N.K. Jain, PhD. MBA.
,Dr. M.J. Klasing
, student-assistants
, N. Terzidis
, K.M. Wacker, PhD.
|
| Verplichte literatuur |
| Titel |
Auteur |
ISBN |
Prijs |
| International Economics*, 17th edition, 2020, McGraw-Hill |
Pugel, Thomas A. |
9781260004731 |
ca.
€
54,00
|
|
| Entreevoorwaarden |
|
| Opmerkingen |
Contact through the GEM secretariat, e-mail gem.feb@rug.nl, phone + 31 (0)50 363 3458, room 5411-0538. This course is also open for a maximum of 20 exchange students. |
| Opgenomen in |
|
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