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The International Business Environment


Course Description

Study of globalization, institutional differences, economic development, trade and FDI theory and policy, and global financial-market conditions that shape the international business environment. Emphasis on applying economic reasoning and data interpretation to assess market-entry viability and the relevance of these forces for international business strategy and market entry mode decisions.


Athena Title

International Business Environ


Equivalent Courses

Not open to students with credit in ECON 4040E


Prerequisite

(ECON 2105 or ECON 2105E or ECON 2105H) and (ECON 2106 or ECON 2106E or ECON 2106H)


Semester Course Offered

Offered every year.


Grading System

A - F (Traditional)


Student learning Outcomes

  • Explain key features of the international business environment — including globalization, institutional differences, economic development, trade and FDI flows, and global financial-market conditions — using appropriate economic terminology.
  • Interpret macroeconomic and institutional indicators from multiple data sources to assess a country’s position in the international business environment.
  • Analyze country conditions and market assumptions — including basic sensitivity tests — to determine whether key conclusions still hold under changing circumstances.
  • Evaluate country-specific costs, risks, and benefits — including trade and FDI policy implications— to judge market-entry viability and inform business strategy in both emerging and developed markets.
  • Compare and justify entry mode decisions — such as exporting, licensing, joint ventures, acquisitions, or FDI — using economic reasoning and country conditions.

Topical Outline

  • Globalization & Global Trends
  • Institutional Differences Across Countries
  • Economic Development & Country Profiles
  • Balance of Payments & Exchange Rate Systems
  • Trade Theory
  • Trade Policy
  • Foreign Direct Investment (FDI)
  • Assessing Country Conditions Using Data Sources
  • Market-Entry Viability: Costs, Risks & Benefits
  • Global Strategy & Entry Mode Decisions

Syllabus


Public CV