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

Political and Legal Environment of Global Business

Main Study Course Information

Course Code
SZF_099
Branch of Science
Economics and Business; Macroeconomics
ECTS
4.00
Target Audience
Business Management
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 objective of the course is to introduce to students the socio-economic, political and legal aspects of the international economic and business environment. The course is based on an analysis of of globalisation, legal issues in the international environment and The Green Deal policy. The course will focused on insights of world socio-economic and legal trends as well as involvement of different players in global decision-making relevant to green economic, legal and business trends. Special attention will be given to students' presentations and discussions.

Preliminary Knowledge

Macroeconomics, Microeconomics, Introduction to the Theory of Law.

Learning Outcomes

Knowledge

1.After successful completion of the study course, students will gain insight into the specifics and regularities of the global business environment in the context of entrepreneurship.

Skills

1.Ability to analyse and study the political and legal environment of global business, to draw conclusions. To understand the specifics of national policy and their impact on entrepreneurship, both locally and globally.

Competences

1.Ability to analyse the principles and specifics of national policy making; ability to describe specifics of the legal environment.

Assessment

Individual work

Title
% from total grade
Grade
1.

Individual work

-
-

Literature review on lecture topics, research paper writing, presentation of the research results.

Examination

Title
% from total grade
Grade
1.

Examination

-
-

The final mark consists of the sum of all the marks (attendance of classes, active participation in seminars, practical work and examination). Knowledge will be judged on a 10-point system. Report - 20%, presentation - 20%, activity and tests in seminars - 20%, Examen - 40%.

Study Course Theme Plan

FULL-TIME
Part 1
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Geopolitics of the world economy
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Regional World - New trends
  1. Lecture

Modality
Location
Contact hours
Off site
Online
2

Topics

EU as an economic power, trade power and a global regulatory actor
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Global trade fragmentation or geoeconomic fragmentation and EU perspective
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

International commercial Law and Environment: Trade and Investment contracts
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

transformation of the EU economy (geopolitical consequences, EU energy balance and global markets)
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

European climate and energy legislation
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

EU Competitiveness. Draghi Report
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Globalisation of the economy as opposed to de-globalisation. Multilateralism against regionalism
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

EU a New Industrial Policy
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

EU Social dialogue and Green Deal
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

European economic security
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

The Anti-Monopoly Act and the role of the European Commission in EU competition policy. Case Study analysis
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

impact of EU competition policy on SMEs. Case Study analysis
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

The impact of competition policy on price strategy EU. Case Study analysis
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Future trends in consumer protection and competition law. Case Study analysis
Total ECTS (Creditpoints):
4.00
Contact hours:
32 Academic Hours
Final Examination:
Exam (Written)
PART-TIME
Part 1
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Geopolitics of the world economy
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Regional World - New trends
  1. Lecture

Modality
Location
Contact hours
Off site
Online
2

Topics

EU as an economic power, trade power and a global regulatory actor
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Global trade fragmentation or geoeconomic fragmentation and EU perspective
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

International commercial Law and Environment: Trade and Investment contracts
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

transformation of the EU economy (geopolitical consequences, EU energy balance and global markets)
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

European climate and energy legislation
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

EU Competitiveness. Draghi Report
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Globalisation of the economy as opposed to de-globalisation. Multilateralism against regionalism
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

EU a New Industrial Policy
EU Social dialogue and Green Deal
Total ECTS (Creditpoints):
4.00
Contact hours:
20 Academic Hours
Final Examination:
Exam (Written)

Bibliography

Required Reading

1.

A Green and Global Europe. (2022). Tocci, Nathalie. -240p. E-book

2.

Commercial Law. Minkowski, Peter, Nomos. 2019. -1531p.

3.

Highlights of the EU Energy Law and Policy. An audio-visual E-book. European University Institute, Florence, Italy.

4.

Global Trade Update (July 2025): Global trade endures policy changes and geoeconomic risks. UN Trade and Development

5.

International Trade Agreements and World Trade Organisation (WTO). Trade without discrimination.

Additional Reading

1.

Afum, E., et al. (2021). The missing links of sustainable supply chain management and green radical product innovation between sustainable entrepreneurship orientation and sustainability performance. Journal of Engineering, Design and Technology.

2.

Buch-Hansen, H., & Carstensen, M.B. (2021). Paradigms and the political economy of eco political projects:green growth and regrowth compared. Competition &Change, 25(3-4), 308-327.

3.

Hadjimanolis, Athanasios. (2020). Drivers and Barriers in SMEs in the Context of Small Countries in Managing Sustainable Innovation. Routledge, pp.60-67.

4.

Delivering the European Green Deal.

5.

Driving Eco-innov action: A Breakthrough Discipline for Innovation and Sustainability. (1999). Fussler, c., James, P., Pitman Publishing .-364p.

6.

Global Economic Prospects. World Bank June 2025

7.

The New Regionalism: Key Characteristics of an Emerging Movement

8.

European Commission. Global Gateway

Other Information Sources

1.

The Economist. 11 January 2022.

2.

REPowerEU: Joint European Action for more affordable, secure and sustainable energy (2022). European Commission

3.

Jerome Saulnier. Latvia’ s National Recovery and Resilience Plan (2022). European Parliament

4.

Lamio.E., Sebillo.A., (2022). Profiling the new young social entrepreneur. Diesis Network, Brussels. Belgium