Veidlapa Nr. M-3 (8)
Study Course Description

International Business Environment

Main Study Course Information

Course Code
SBUEK_246
Branch of Science
Economics and Business; Regional Economics
ECTS
3.00
Target Audience
Business Management; Communication Science; Information and Communication Science; Juridical Science; Management Science; Marketing and Advertising; Pedagogy; Political Science; Public Health; Social Anthropology; Social Welfare and Social Work; Sociology
LQF
Level 6
Study Type And Form
Full-Time; Part-Time

Study Course Implementer

Course Supervisor
Structure Unit Manager
Structural Unit
Faculty of Social Sciences
Contacts

Dzirciema street 16, Rīga, szf@rsu.lv

About Study Course

Objective

The aim of the course is to give knowledge to students towards the global business economic environment and the business world key issues faced by today’s decision makers.

Preliminary Knowledge

Basic knowledge of economics.

Learning Outcomes

Knowledge

1.On successful completion of the course, student will know current issues in the global economy, how global economic forces act on an individual country, the globalisation drivers and the global business international trading and financial environment, why do businesses go multinational, the main trends in international capital flows and in multinational investment dynamics, international trade patterns.

Skills

1.Students will get the following skills: • to analyse the major trends in development of the world economy; • to assess the position of the global business in the world economy; • to reveal the issues relevant to the global business in the changing world economy; • to apply international economic theory relative to real global business issues; • to determine the conditions of successful entry into new international markets.

Competences

1.Students will be able to reveal the main challenges in the global economy: in trade, finance and technology development, to analyse the global business behaviour in the changing international environment, to explore the perspectives of global business in terms of the growing international competition, to evaluate the gains from international trade, to specify the factors of increasing competitiveness of global business in the world economy. Students will be competent in the major issues of global business in the international environment.

Assessment

Individual work

Title
% from total grade
Grade
1.

Individual work

-
-
Work with literature; data search, analysis of literature sources; case studies analysis. In order to evaluate the quality of the study course as a whole, the student must fill out the study course evaluation questionnaire on the Student Portal.

Examination

Title
% from total grade
Grade
1.

Examination

-
-
The aim of the report is to develop the skills to analyse therefore it cannot be simple description. Report has to include three things: • to identify the basic problems of the theme; • to identify and evaluate the alternative arguments and opinions comparatively; • to propose your own argument – the one which seems to you the most appropriate.
2.

Examination

-
-
Activity during interactive lectures – 60%; Exam – 40%.

Study Course Theme Plan

FULL-TIME
Part 1
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

An Overview of the World Economy. Globalisation and Business Strategy
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

An Overview of the World Economy. Globalisation and Business Strategy
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

MNCs in a Global Economy
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

MNCs in a Global Economy
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

International Monetary Systems
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

International Monetary Systems
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

The Global Trading Environment. Free Trade and Protectionism
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

The Global Trading Environment. Free Trade and Protectionism
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

The Global Financial Environment
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

The Global Financial Environment
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

International Movements of Capital and Multinational Corporations
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

International Movements of Capital and Multinational Corporations
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

European Economic and Monetary Union
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

European Economic and Monetary Union
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

International Organisations and Global Business
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

International Organisations and Global Business
Total ECTS (Creditpoints):
3.00
Contact hours:
32 Academic Hours
Final Examination:
Exam (Written)
PART-TIME
Part 1
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

An Overview of the World Economy. Globalisation and Business Strategy
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

MNCs in a Global Economy
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

International Monetary Systems
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

The Global Trading Environment. Free Trade and Protectionism
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

The Global Financial Environment
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

International Movements of Capital and Multinational Corporations
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

European Economic and Monetary Union
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

International Organisations and Global Business
Total ECTS (Creditpoints):
3.00
Contact hours:
16 Academic Hours
Final Examination:
Exam (Written)

Bibliography

Required Reading

1.

Hamilton L., Webster P. The International Business Environment. 4th Edition. Oxford University Press, 2019

2.

Komlos J. Foundations of Real-World Economics: What Every Economics Student Needs to Know. 2nd Edition. Routledge, 2019

3.

Kerr W., Perdikis N. A Guide to the Global Business Environment: The Economics of International Commerce. Edward Elgar Pub., 2014

Additional Reading

1.

Hill C.W.L. ISE International Business: Competing in the Global Marketplace. 14th Edition. McGraw Hill, 2022

2.

Misawa M. Cases on International Business and Finance in Japanese Corporations. 2nd Edition. World Scientific, 2015

3.

Warnock D. The International Business Environment. A Handbook for Managers and Executives. Productivity Press, 2015