BUSINESS IN THE WORLD ECONOMY

ECO3BWE

2021

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/Exchange StudentsYes

Subject year levelYear Level 3 - UG

Available as ElectiveYes

Learning ActivitiesN/A

Capstone subjectYes

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

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Readings

International Marketing and Export Management

Resource TypePrescribed

Resource RequirementN/A

AuthorGerald Albaum

Year1994

Edition/Volume8th Edition

PublisherPearson

ISBN9781292016924

Chapter/article titleN/A

Chapter/issueN/A

URLN/A

Other descriptionN/A

Source locationN/A

Career Ready

Career-focusedNo

Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/A

Graduate capabilities & intended learning outcomes

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.
02. Reflect critically on data sources and research methodologies and use these to inform business decision making.
03. Analyse case studies of international business decisions, and critically review approaches to solving complex problems to evaluate their chances of success
04. Engage empathetically with a team to elicit and integrate different viewpoints on problems, solutions, risks and opportunities in global business.
05. Prepare and deliver an effective and engaging presentation of complex ideas to a diverse audience.

Subject options

Select to view your study options…

Start date between: and    Key dates

Melbourne (Bundoora), 2021, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorJulio Mancuso Tradenta

Class requirements

WorkShopWeek: 30 - 42
One 2.00 h workshop per week on weekdays during the day from week 30 to week 42 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 elementCommentsCategoryContributionHurdle% ILO*

Individual quizzes and analysis of case studies (equivalent to 1500 words)

N/AOtherIndividualNo30 SILO1, SILO3

Group presentation - 5 minutes per student (250 words per student)

N/AOral presentationGroupNo10 SILO5

Group assignment (500 words per student)

N/AAssignmentGroupNo20 SILO1, SILO2, SILO4

Two Hour Final Exam (equivalent to 2000 words)

N/ACentral examIndividualNo40 SILO1, SILO2

Sydney, 2021, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorJulio Mancuso Tradenta

Class requirements

WorkShopWeek: 30 - 42
One 2.00 h workshop per week on weekdays during the day from week 30 to week 42 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 elementCommentsCategoryContributionHurdle% ILO*

Individual quizzes and analysis of case studies (equivalent to 1500 words)

N/AOtherIndividualNo30 SILO1, SILO3

Group presentation - 5 minutes per student (250 words per student)

N/AOral presentationGroupNo10 SILO5

Group assignment (500 words per student)

N/AAssignmentGroupNo20 SILO1, SILO2, SILO4

Two Hour Final Exam (equivalent to 2000 words)

N/ACentral examIndividualNo40 SILO1, SILO2