INTERNATIONAL BUSINESS

IBU5IBE

2019

Credit points: 15

Subject outline

In this subject we will analyse the complex process of globalisation and investigate different economic factors that shape the environment in which businesses operate and nations interact. In an increasingly globalised economy, trade and investment decisions, made by virtually any country, may have repercussions in businesses around the world. Public debates continuously arise in relation to this ever-changing economic environment, and we need to be ready to become active participants in this change. In this subject we will examine the economic foundations behind the decisions made by nations and firms in relation to trade and investment. You will analyse real cases and explore questions such as, what are the gains from free trade and foreign investment? What determines what countries trade or where countries invest? Are there winners and losers from international trade? What are the trade policies that benefit my business or the country as a whole?


SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorJulio Mancuso Tradenta

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsInternational Economics Theory & Policy, 11th Ed.PrescribedKrugman P. R., Obstfeld M. and M. J. Melitz (2012)Pearson
ReadingsInternational Economics, 16th Ed.RecommendedRobert J CarbaughCengage Learning

Graduate capabilities & intended learning outcomes

01. Describe, discuss and analyse the essential features of international trade and asset exchanges

Activities:
Weekly lectures will be supported by in seminar examples and opportunities to work through specified questions in class. These activities will be extended in the group assignment.
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)
Literacies and Communication Skills (Writing,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

02. Describe, discuss and analyse the application of policies in international trade and their impact on welfare and different sectors/groups in the society

Activities:
Weekly lectures will be supported by in seminar examples and opportunities to work through specified questions in class. These activities will be extended in the group assignment.
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)
Literacies and Communication Skills (Writing,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

03. Identify and analyse the different aspects of the domestic economy affected by the international interdependence and the process of globalisation

Activities:
Weekly lectures will be supported by in seminar examples and opportunities to work through specified questions in class. These activities will be extended in the group assignment.
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)
Literacies and Communication Skills (Writing,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

04. Develop analytical skills necessary to conduct constructive criticism of public policy and debate concerning open economy issues

Activities:
Weekly lectures will be supported by in seminar examples and opportunities to work through specified questions in class. These activities will be extended in the group assignment.
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)
Literacies and Communication Skills (Writing,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

Subject options

Select to view your study options…

Start date between: and    Key dates

Melbourne, 2019, Semester 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJulio Mancuso Tradenta

Class requirements

Lecture/Seminar Week: 10 - 22
One 3.0 hours lecture/seminar other recurrence on any day including weekend during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Group written assignment (2000 words)30 01, 02, 03, 04
Group presentation (equivalent to 500 words per student)10 01, 02, 03, 04
Individual online tasks (500 words)10 01, 02, 03, 04
Final exam (2h) (2000 words)50 01, 02, 03, 04

Sydney, 2019, Study Period 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJulio Mancuso Tradenta

Class requirements

Lecture/Seminar
One 3.0 hours lecture/seminar other recurrence on any day including weekend during the day and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Group written assignment (2000 words)30 01, 02, 03, 04
Group presentation (equivalent to 500 words per student)10 01, 02, 03, 04
Individual online tasks (500 words)10 01, 02, 03, 04
Final exam (2h) (2000 words)50 01, 02, 03, 04

Sydney, 2019, Study Period 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJulio Mancuso Tradenta

Class requirements

Lecture/Seminar
One 3.0 hours lecture/seminar other recurrence on any day including weekend during the day and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Group written assignment (2000 words)30 01, 02, 03, 04
Group presentation (equivalent to 500 words per student)10 01, 02, 03, 04
Individual online tasks (500 words)10 01, 02, 03, 04
Final exam (2h) (2000 words)50 01, 02, 03, 04

Vietnam (ForeignTradeUni), 2019, Week 33-36, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJulio Mancuso Tradenta

Class requirements

Lecture/Seminar Week: 33 - 36
One 3.0 hours lecture/seminar other recurrence on any day including weekend during the day from week 33 to week 36 and delivered via face-to-face.
"block mode delivery"

Assessments

Assessment elementComments% ILO*
Group written assignment (2000 words)30 01, 02, 03, 04
Group presentation (equivalent to 500 words per student)10 01, 02, 03, 04
Individual online tasks (500 words)10 01, 02, 03, 04
Final exam (2h) (2000 words)50 01, 02, 03, 04