International Business Environment

Faculteit Economie en Bedrijfskunde
Jaar 2022/23
Vakcode EBP031A05
Vaknaam International Business Environment
Niveau(s) propedeuse, uitwisseling
Voertaal Engels
Periode semester II b
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Uitgebreide vaknaam International Business Environment
Leerdoelen 1. Understand the basic insights of international trade and exchange rate theory and explain their intricacies in a lucent 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 -schriftelijk tentamen (open en mc vragen),  -tussentijds tentamen (mc vragen)
Vaksoort propedeuse
Coördinator Dr. M.J. Klasing
Docent(en) and others ,Dr. M.J. Klasing
Verplichte literatuur
Titel Auteur ISBN Prijs
International Economics*, 17th edition, 2020, McGraw-Hill Pugel, Thomas A. 9781260004731 ca. €  54,00
Entreevoorwaarden Admittance to BSc IB.
Opmerkingen Contact through the GEM secretariat, e-mail, phone + 31 (0)50 363 3458, room 5411-0538.
Opgenomen in
Opleiding Jaar Periode Type
BSc International Business/IB  (basisprogramma BSc IB) 1 semester II b verplicht
DD BSc IB - Universitas Indonesia, Jakarta (2-jarig)  (basisprogramma voor DD-studenten uit Jakarta) 1 semester II b verplicht