Undergraduate Course: International Business in Emerging Markets (BUST10018)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 10 (Year 3 Undergraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | This course provides students with an appreciation of the additional complexities and challenges for international business in the emerging markets of the world.
|
| Course description |
It assumes a basic understanding of the processes of internationalisation and the strategies and activities of multinational enterprises in the world economy. Reflecting the diversity of emerging markets, the course covers a wide range of materials relating to the major emerging markets (BRICs) though the major focus is on Asia.
The course is divided into ten sessions on some of the general issues driving foreign direct investment in and from emerging markets, international trade conflicts and export competitiveness and some practical issues strategies of penetrating international markets for firms from emerging economies.
Syllabus
Globalisation and Development: the Trend
Government, Market and Industrial Policy in Emerging Markets
The East Asian NIEs as a Model of Outward-Oriented Development
The Determination of FDI and the New Wave of Outward FDI from Emerging Markets: an Emerging Giants Perspective?
Corruption, Corporate Governance in Emerging Markets
Trade Conflicts and Emerging Markets
The Dynamics of Emerging Markets
Doing Business in China and Some Emerging Issues
Student Learning Experience
The lecture programme provides an overview of the challenges facing international business in emerging markets and then explores the complexity of business relationships in the more dynamic emerging markets. The lecture programme is supported by suggested reading and recommended websites for further exploration of the issues discussed in class.
|
Information for Visiting Students
| Pre-requisites | Visiting students should have at least 3 Business Studies/Management courses at grade B or above (or be predicted to obtain this). We will only consider University/College level courses.
|
| High Demand Course? |
Yes |
Course Delivery Information
| Not being delivered |
Learning Outcomes
On completion of this course, the student will be able to:
- Understand and discuss critically the main theories and patterns of foreign direct investment and issues that foreign investors have to concern when doing business in emerging markets.
- Discuss analytically the major changes in the world trade system and international business environment and draw implications for emerging economies.
- Explain and discuss critically the specific features of emerging markets and the opportunities and challenges facing indigenous investors in major emerging markets like BRICs (Brazil, Russia, India, China and South Africa).
- Analyse and evaluate appropriate strategies operating in international markets.
- Evaluate foreign investment strategy from the perspective of the foreign investor, and that of the host government of an emerging market.
|
Additional Information
| Graduate Attributes and Skills |
Cognitive skills
On completion of the course students should:
(a) demonstrate that they can analyse and evaluate appropriate strategies operating in international markets;
(b) demonstrate that they can evaluate foreign investment strategy from the perspective of the foreign investor, and that of the host government of an emerging market;
(c) demonstrate that they can analyse critically the complexity and the dynamics of trade conflicts between developed and developing economies.
Key skills
On completion of the assessed course, students should:
(a) be able to gather data about a hitherto unfamiliar emerging market and its business environment by using the Web;
(b) appreciate some of the complexities of doing business in a business environment in which government institutions and legal and regulatory infrastructure is immature;
(c) be sensitised to the processes involved in trade disputes and corporate governance.
|
| Additional Class Delivery Information |
2 hour Lectures on Thursdays 0900 - 1100 |
| Keywords | IBEM |
Contacts
| Course organiser | Dr Ling Liu
Tel: (0131 6)51 1429
Email: Ling.Liu@ed.ac.uk |
Course secretary | Miss Sara Dennison
Tel: (0131 6)50 3825
Email: Sara.Dennison@ed.ac.uk |
|
|
University Homepage