This course will focus on a variety of issues related to the increased globalization and international trade that have been critical to the growth of the world economy as well as the interconnectedness that has contributed to recent problems.
1. The globalization of markets and production; drivers of globalization; the changing demographics of the global economy; the changing world order; the rapidly expanding global economy of the 21st century.
2. Political, economic and legal systems; differences in economic development; states in transition; the nature of economic transformation.
3. The influence of cultural, ethical and religious traditions; cultural changes.
4. Ethical issues in international business (employment, human rights, environment, corruption, etc.); managerial implications.
5. International trade theory; absolute and comparative advantage; product life cycles.
6. Trade policies; the role of government intervention; development of the world trading system.
7. Foreign direct investment; benefits and costs of FDI.
8. Regional economic integration -- EU, NAFTA, etc.
9. The foreign exchange market; the international monetary system.
10. The strategy of international business; global expansion; strategic alliances.
11. Entering foreign markets; entry modes
12. Conceptual summary and case studies.
The course is based on materials developed in class.
A combination of lecture and discussion formats with frequent use of short case analyses and related discussions to illustrate major points.
Three in-class examinations - 33% each
Reference person for the Summer Business Program: prof. Mauro
Course given by: prof. Scott Christianson.
The course is offered in English within the Summer Business Program a.a.
2019-20 (only for students of the undergraduate programs in
“Economia”, “Economia aziendale” and foreign/Erasmus students).
Attendance is compulsory, a maximum number of students is accepted.
In order to be considered, students must apply, following the instructions
published on website https://www.unibg.it/node/388.