This class exists in these courses :
• IÉSEG > MIB > MIB > 3,00 ECTS

Prerequisites

None

Learning outcomes

At the end of the course, students should be able to :
- Identify and explain economic concepts and theories related to the behavior of economic agents, markets, industry and firm structures, legal institutions, social norms, and government policies;
- Analyze the determinants and consequences of the international integration of markets as well as the challenges and risks of international trade and investments (AACSB);
- Appreciate the impact of globalization on goods, labor, and financial markets (AACSB).

Course description

This course deals with the following topics:
- Introduction to the global environment;
- Causes and consequences of international trade;
- The fragmentation of the value chain: foreign direct investment, international outsourcing;
- The regulation of international trade: trade policy instruments, domestic government and the WTO and regional economic integration.

Class type

Class structure

Teaching methods

• Interactive class
• Presentation
• Seminar
• Tutorial

Assessment

The student is assessed based on the following components:
- 15% group contribution and class participation (individual);
- 35% case presentation (group);
- 50% written exam (individual).

Recommended reading

• Hill C.W.L., International Business. Competing in the Global Marketplace, 10th edition, 2015, McGraw-Hill -

Internet resources

• IESEG Online