Course: International Business Economics (2018)

International Business Economics (2018)

planificacion

Professors

Judith Clifton

José Manuel Alonso

Marcos Fernández Gutiérrez

Department of Economics

This course offers students valuable insights in the theories and practices of international business economics. In the context of a globalized world, the economics of International Business are a key subject of knowledge for professionals in the fields of business administration, economics and law, among others. The objective of this course is to introduce the students to a broad appreciation of Business Economics in a global context. Students will be trained to analyse contents, methods and visions of the complexity of the world in the field of economics and business. The main focus will be on the firm as unit and how it operates in theory and practice in an international business environment. The course is designed to stimulate student participation, coursework, continual assessment and active learning. Activities of the course include theoretical lessons, discussion of real cases and practical exercises (seminars).

Keywords

International business, economics, globalization, political economy, business strategy, business organization.

Course Details

Course Information

Course title: International Business Economics
Code: G965
Department / Unit: Department of Economics
Degree / Master’s: Degree in Economics
Faculty: Faculty of Economics and Business Administration
ECTS credits: 6
Language of instruction: English
Instructors: Judith Clifton / José Manuel Alonso / Marcos Fernández Gutiérrez

Course structure

Lecture 1. IBE and Globalization

Lecture 2. FDI: Theory and Practice.
Lecture 3. Foreign Direct Investment: Advantages and Risks.
Lecture 4. The Global Capital Market.
Lecture 5. The Strategy of International Business.
Lecture 6. The Organization of International Business
Lecture 7. Entry Strategy and Strategic Alliances.
Lecture 8. Global marketing and R&D.
Lecture 9. Global Production, Outsourcing and Logistics.
Lecture 10. Cultural differences and international business: the case of Europe.
Lecture 11. Why are EU policies important for MNCs? The case of infrastructure.

Readings

International Business: Competing in the Global Marketplace, 9th Edition. Charles W. L. Hill, University of Washington.
Transforming Public Enterprise in Europe and North America. Networks, Integration and Transnationalization. Edited by Judith Clifton, Francisco Comín and Daniel Díaz Fuentes. Palgrave Macmillan, February 2007.

Lecture Notes

LN-F-001. Lecture 1. IBE and Globalization
LN-F-002. Lecture 2. FDI: Theory and Practice.
LN-F-003. Lecture 3. Foreign Direct Investment: Advantages and Risks.
LN-F-004. Lecture 4. The Global Capital Market.
LN-F-005. Lecture 5. The Strategy of International Business.
LN-F-006. Lecture 6. The Organization of International Business
LN-F-007. Lecture 7. Entry Strategy and Strategic Alliances.
LN-F-008. Lecture 8. Global marketing and R&D.
LN-F-009. Lecture 9. Global Production, Outsourcing and Logistics.
LN-F-010. Lecture 10. Cultural differences and international business: the case of Europe.
LN-F-011. Lecture 11. Why are EU policies important for MNCs? The case of infrastructure.

Exercises

E-F-001. Seminars 1&2
E-F-002. Seminar 3
E-F-003. Research Case 1
E-F-004. Research Case 2
E-F-005. Practical Activity Lecture 7
E-F-006. Practical Activity Lecture 9

Syllabus

Here you can download the Syllabus in PDF format.

Assessment

Assessment criteria

ASSESSMENT METHODS AND CRITERIA "INTERNATIONAL BUSINESS ECONOMICS"
Description	Type	Final assessment	Retake	%
Research Essay	Work	No	Yes	40%
Minimum mark: 5.00. Date: During the course. Retake conditions: Final Exam.
Exam	Written exam	Yes	Yes	40%
Minimum mark: 5.00. Date: During the course. Retake conditions: Exam.
Participaction in class	Other	No	No	10%
Minimum mark: 0.00. Date: During the course.
Tasks	Other	No	Yes	10%
Minimum mark: 0.00. Date: During the course. Retake conditions: Final Exam.
TOTAL				100%
COMMENTS:This course will be evaluated by four components: 1) A research essay, approved by the instructor, on a topic related to International Business Economics. 40% 2) An exam, organized at the end of the course. 40%. 3) Participation on a regular basis (at least 80%) of the classes. 10% 4) Tasks in class. 10%
COMMENTS for part-time students: Students taking the course on a part-time basis must sit the final exam, worth 100%. This exam is composed of multiple choice questions (40%) and long open questions requiring an essay (60%).