Veidlapa Nr. M-3 (8)
Study Course Description
Political and Legal Environment of Global Business
Course Code
SZF_309
Branch of Science
Economics and Business; Macroeconomics
ECTS
3.00
Target Audience
Business Management
LQF
Level 6
Study Type And Form
Full-Time
Study Course Implementer
Course Supervisor
Tatjana Muravska
Structure Unit Manager
Ieva Puzo
Structural Unit
Faculty of Social Sciences
Contacts
Kuldigas Street 9C, Riga, 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.Knowledge of the architecture of the global economy, the development of globalisation, the risks of market demand and supply chains. Knowledge of technological developments affecting green business research, innovation and factor dynamics. Knowledge of basic concepts and ideas, facts and data demonstrating understanding of the content and subject matter of the study course, EU competitiveness, green industrial policy, entrepreneurship and its socio-economic and regulatory aspects; the specificities and regularities of the business environment in an international context.
Individual work and tests
Individual work • Examination
Skills
1.• Developing key skills that will have a positive impact on students’ careers; • collect the results of the research discussions and analyse economic statistics; • critically assess challenges of the business environment and produce brief reports on trends in the international business environment and their impact on business.
Individual work and tests
Research paper • Presentation • Examination
Competences
1.Abile to identify trends and find creative solutions using knowledge in international business, economics, law and innovation, considering modern challenges.
2.Able to demonstrate an understanding of the specific nature of the transformation of the socio-economic system and the potential for transformation in today’s circumstances.
3.Abile to analyse the principles and specificities of national policy making; ability to characterise the specificities of the legal environment.
4.Able to understand trends in the development of EU competition and knowledge of analytical methods that help identify comparative advantages, the potential for transforming innovation and digitisation, as well as their impact on business.
5.Able to independently analytically collect information from different sources, critically evaluate it and accurately reflect it.
6.Able to structure, analytically and laconically formulate information in writing, express accurately and discuss in a reasoned manner the general and specific aspects of EU industry policy and green business.
7.Able to use appropriate practical and theoretical knowledge and skills in professional business management and research (scientific) work, aware of the impact of their activities on the environment and society.
Assessment
Individual work
|
Title
|
% from total grade
|
Grade
|
|---|---|---|
|
1.
Individual work |
-
|
-
|
|
||
|
2.
Presentation |
20.00% from total grade
|
10 points
|
|
The purpose of the case analysis is to obtain the fullest possible understanding of the situation in the context of the business, including the characteristics of the subject. It foresees a comprehensive examination of the situation and focuses on the questions “how?”, “which way?”, “why?”. By providing new features, it raises questions for future research. Presentation volume (PPP) - 5-10 slides. |
||
|
3.
Research paper |
20.00% from total grade
|
10 points
|
|
The research report representes an aggregative material on a specific subject. The report should demostrate the student’s ability to highlight the purpose, tasks and key issues, to draw up a summary of the text and conclusions. References are mandatory. Volume of the report: 2100-2500 words. |
||
Examination
|
Title
|
% from total grade
|
Grade
|
|---|---|---|
|
1.
Examination |
20.00% from total grade
|
10 points
|
|
Presentation of the research paper. The presentation aims to reflect the results of the drafted research report. Presentation must include: introduction, problem characteristics. The overall design contains: images, charts, graphs, pictures, and/or videos. Volume: a maximum of 10 slides. |
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|
2.
Examination |
40.00% from total grade
|
10 points
|
|
Assessment of knowledge in the form of a test. The test is an assessment of knowledge and skills in a study course. The test is compiled according to course topics and consists of 20 questions, and at least 14 questions (70%) must be answered correctly to pass the test. |
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Study Course Theme Plan
FULL-TIME
Part 1
-
Lecture
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Modality
|
Location
|
Contact hours
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|---|---|---|
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On site
|
Auditorium
|
2
|
Topics
|
Geopolitics of the world economy
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-
Lecture
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Modality
|
Location
|
Contact hours
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|---|---|---|
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On site
|
Auditorium
|
2
|
Topics
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Regional World - New trends
|
-
Lecture
|
Modality
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Location
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Contact hours
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|---|---|---|
|
Off site
|
Online
|
2
|
Topics
|
EU as an economic power, trade power and a global regulatory actor
|
-
Lecture
|
Modality
|
Location
|
Contact hours
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|---|---|---|
|
Off site
|
Online
|
2
|
Topics
|
Global trade fragmentation or geoeconomic fragmentation and EU perspective
|
-
Lecture
|
Modality
|
Location
|
Contact hours
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|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
International commercial Law and Environment: Trade and Investment contracts
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
transformation of the EU economy (geopolitical consequences, EU energy balance and global markets)
|
-
Lecture
|
Modality
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Location
|
Contact hours
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|---|---|---|
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On site
|
Auditorium
|
2
|
Topics
|
European climate and energy legislation
|
-
Lecture
|
Modality
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Location
|
Contact hours
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|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
EU Competitiveness. Draghi Report
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
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|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Globalisation of the economy as opposed to de-globalisation. Multilateralism against regionalism
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-
Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
|
Auditorium
|
2
|
Topics
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EU a Green and New New Industrial Policy
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-
Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
|
Auditorium
|
2
|
Topics
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EU Social dialogue and Green Deal
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-
Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
|
Auditorium
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2
|
Topics
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European economic security
|
-
Class/Seminar
|
Modality
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Location
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Contact hours
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|---|---|---|
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On site
|
Auditorium
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2
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Topics
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The Anti-Monopoly Act and the role of the European Commission in EU competition policy. Case Study analysis
|
-
Class/Seminar
|
Modality
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Location
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Contact hours
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|---|---|---|
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On site
|
Auditorium
|
2
|
Topics
|
impact of EU competition policy on SMEs. Case Study analysis
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
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|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
The impact of competition policy on price strategy EU. Case Study analysis
|
-
Class/Seminar
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Modality
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Location
|
Contact hours
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|---|---|---|
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On site
|
Auditorium
|
2
|
Topics
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Future trends in consumer protection and competition law. Case Study analysis
|
-
Test
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
Off site
|
Online
|
2
|
Topics
|
EU as an economic power, trade power and a global regulatory actor
|
|
Global trade fragmentation or geoeconomic fragmentation and EU perspective
|
|
International commercial Law and Environment: Trade and Investment contracts
|
|
European climate and energy legislation
|
|
EU Competitiveness. Draghi Report
|
|
The Anti-Monopoly Act and the role of the European Commission in EU competition policy. Case Study analysis
|
Total ECTS (Creditpoints):
3.00
Contact hours:
32 Academic Hours
Final Examination:
Exam (Written)
Bibliography
Required Reading
1.
A Green and Global Europe. (2022). Tocci, Nathalie. -240p. E-bookSuitable for English stream
2.
Commercial Law. Mankowski, Peter, Nomos. 2019. -1531p.Suitable for English stream
3.
Highlights of the EU Energy Law and Policy. An audio-visual E-book. European University Institute, Florence, Italy.Suitable for English stream
4.
Global Trade Update (July 2025): Global trade endures policy changes and geoeconomic risks. UN Trade and DevelopmentSuitable for English stream
5.
International Trade Agreements and World Trade Organisation (WTO). Trade without discrimination.Suitable for English stream
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.Suitable for English stream
4.
Delivering the European Green Deal.Suitable for English stream
5.
Driving Eco-innov action: A Breakthrough Discipline for Innovation and Sustainability. (1999). Fussler, c., James, P., Pitman Publishing .-364p.Suitable for English stream
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 CommissionSuitable for English stream
3.
Jerome Saulnier. Latvia’ s National Recovery and Resilience Plan (2022). European ParliamentSuitable for English stream
4.
Lamio.E., Sebillo.A., (2022). Profiling the new young social entrepreneur. Diesis Network, Brussels. BelgiumSuitable for English stream