The aim of this course is to assist students in understanding 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.
The topics to be discussed include the following:
• Why an understanding of international business will be, more than ever, essential for a successful career in this century,
• The wide spread benefits associated with international trade,
• The importance of trade to economic growth and political stability,
• The influences of cultural, ethical and religious traditions,
• Political economy and foreign direct investment,
• National and local competitive advantages and disadvantages,
• The impact of technology on the development of new markets,
• The rise of emerging markets,
• The impact of financial interdependencies, particularly in light of the recent financial crisis,
• Current issues as deemed to be relevant, especially those related to Europe and North America
In addition, student will research and exam various cases and problems related to these topics with an emphasis on current issues and challenges.
The final grading is the results of the following tests and reports: Week 1, 2 and 3 Quiz (125 points each); Group mini reports (150 points); Final group report and Paper (200 points); Final exam (275 points). Point penalties: Unexcused absence: -250; Unexcused late arrival: -100; Unexcused early departure: -100.
If the course is taught in blended-learning format or on-line, changes can be made to what is stated in the syllabus to make the course and exams coherent to these likely formats.
The course is held in English as part of the internationalization project Summer Business Program a.a. 2021-22 (only for LT students in "Economics" and "Business Administration" and for foreign / Erasmus students). Participation in the course is limited and related to the selection for the Summer Business Program (for details, see the website: https://www.unibg.it/node/388)