Paula J Laschober
I BUS 300
Prepares students to understand the most important aspects of the international political economy. Emphasis on the important relationships among nations and business and economic institutions that influence students' performances as managers, consumers, and citizens. Prerequisite: ECON 200. Offered: AWSpS.
How different cultural, political and economic systems throughout the world, as well as international organizations and financial issues, affect international business decisions. Trade theory and policy, motives for foreign direct investment, foreign market entry strategy, regional integration, foreign exchange issues. Some specifics re business operations: exporting, global manufacturing and marketing, human resource management, international financial management.
Student learning goals
General method of instruction
Class discussion of text readings (including case studies), relevant videos, and international business news. Students also choose a foreign country and a product to study with respect to doing business abroad; oral team presentations and final essay relate to this project.
Basic economics and accounting.
Class assignments and grading
Text/readings to be discussed at each class meeting; 15-minute oral report (with one-page written summary) re relevance of a text chapter to the foreign business project; final term paper summarizing recommendation on foreign business project.
Two mid-terms and final exam, participation in class discussion, one 15-minute team presentation, and final term paper (no more than 12 pages) on the foreign business project.