BUSINESS IN THE WORLD ECONOMY

ECO3BWE

2019

Credit points: 15

Subject outline

In this subject you will draw on a range of disciplines and skills to examine the factors that lead to a firm's success in the global environment.  You will develop a strategy that aligns the business with its economic, social and institutional environment.  Drawing on case studies and research you will develop an understanding of both the key strategic aspects of doing business in the world economy and the challenges of trading and investing internationally. You will identify trends towards global and regional integration and predict the benefits and pitfalls of entering foreign markets.  


SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorJulio Mancuso Tradenta

Available to Study Abroad StudentsYes

Subject year levelYear Level 3 - UG

Exchange StudentsYes

Subject particulars

Subject rules

Prerequisites Student must have completed 240 credit points prior to undertaking this subject.

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsInternational Marketing and Export Management, 8th EditionPrescribedInternational Marketing and Export Management, 8th EditionPearson , ISBN 9781292016924

Graduate capabilities & intended learning outcomes

01. Describe the salient features of the global business environment and the strategic measures and policies that firms need to implement to succeed in the global market.

Activities:
Assignment, quizzes and analysis of case studies
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy,Cultural Literacy)
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy,Cultural Literacy)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

02. Reflect critically on data sources and research methodologies and use these to inform business decision making.

Activities:
Assignment
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy,Cultural Literacy)
Inquiry and Analytical Skills (Critical Thinking,Inquiry/Research)

03. Analyse case studies of international business decisions, and critically review approaches to solving complex problems to evaluate their chances of success

Activities:
Case studies
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking,Inquiry/Research)

04. Engage empathetically with a team to elicit and integrate different viewpoints on problems, solutions, risks and opportunities in global business.

Activities:
Preparation of group presentation
Related graduate capabilities and elements:
Personal and Professional Skills (Teamwork including leadership and working in groups)

05. Prepare and deliver an effective and engaging presentation of complex ideas to a diverse audience.

Activities:
Group presentation
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy,Cultural Literacy)

Subject options

Select to view your study options…

Start date between: and    Key dates

France, 2019, Summer 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne O'Keefe

Class requirements

WorkShop Week: 45
One 2.0 hours workshop per week on weekdays during the day in week 45 and delivered via face-to-face.
"In addition, students are expected to undertake between 1-3 hrs of learning and assessment activities each week prior to class."

Assessments

Assessment elementComments% ILO*
Individual quizzes and analysis of case studies (equivalent to 1500 words)30 01, 03
Group presentation - 5 minutes per student (250 words per student)10 05
Group assignment (500 words per student)20 01, 02, 04
Two Hour Final Exam (equivalent to 2000 words)40 01, 02

Melbourne, 2019, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJulio Mancuso Tradenta

Class requirements

WorkShop Week: 31 - 43
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"In addition, students are expected to undertake between 1-3 hrs of learning and assessment activities each week prior to class."

Assessments

Assessment elementComments% ILO*
Individual quizzes and analysis of case studies (equivalent to 1500 words)30 01, 03
Group presentation - 5 minutes per student (250 words per student)10 05
Group assignment (500 words per student)20 01, 02, 04
Two Hour Final Exam (equivalent to 2000 words)40 01, 02

Sydney, 2019, Study Period 3, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne O'Keefe

Class requirements

WorkShop Week: 46
One 2.0 hours workshop per week on weekdays during the day in week 46 and delivered via face-to-face.
"In addition, students are expected to undertake between 1-3 hrs of learning and assessment activities each week prior to class."

Assessments

Assessment elementComments% ILO*
Individual quizzes and analysis of case studies (equivalent to 1500 words)30 01, 03
Group presentation - 5 minutes per student (250 words per student)10 05
Group assignment (500 words per student)20 01, 02, 04
Two Hour Final Exam (equivalent to 2000 words)40 01, 02