Undergraduate Course: International Business: Globalisation and Trade 2A (BUST08008)
Course Outline
| School | Business School |
College | College of Arts, Humanities and Social Sciences |
| Credit level (Normal year taken) | SCQF Level 8 (Year 2 Undergraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | The course will examine different types of foreign market entry strategy; the world trade regime and the various elements that comprise this environment eg. EU/ NAFTA; and issues in International Finance, Management, Production and Labour. |
| Course description |
The IBGT course is devoted to an analysis of the global business environment, concentrating particularly on the world trading system including the increasingly important role played by the international financial institutions. The IBGT course, focusing more on macro-economic business patterns, processes and institutions, provides the basis for the IBMNE which looks more at the micro-level and the individual firm in a global business environment.
Student Learning Experience
The lecture programme provides an overview of international business concepts and practices, and is supported by suggested readings from the course text.
The compulsory weekly tutorials comprise a mix of conventional Teaching Assistant-supported group exercises and audio-visual exercises. The tutorials are used to support and develop concepts and theories taught in the lectures. The audio-visual sections allow students to observe the practices of companies in the international business area.
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Information for Visiting Students
| Pre-requisites | Visiting students must have at least 1 introductory level Business Studies course at grade B or above for entry to this course. We will only consider University/College level courses. |
| High Demand Course? |
Yes |
Course Delivery Information
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| Academic year 2024/25, Available to all students (SV1)
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Quota: None |
| Course Start |
Semester 1 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Lecture Hours 20,
Seminar/Tutorial Hours 8,
Summative Assessment Hours 2,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
166 )
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| Assessment (Further Info) |
Written Exam
0 %,
Coursework
100 %,
Practical Exam
0 %
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| Additional Information (Assessment) |
50% coursework (individual): Essay - assesses learning outcomes 1 and 2
50% coursework (individual): Essay - assesses learning outcomes 3 and 4
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| Feedback |
Generic feedback on your coursework, together with individual marks, will be available on Learn 15 working days after submission. You will also be able to review your individual feedback electronically via Grademark on Learn from the same date.
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| Exam Information |
| Exam Diet |
Paper Name |
Hours & Minutes |
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| Resit Exam Diet (August) | | 2:00 | |
Learning Outcomes
On completion of this course, the student will be able to:
- Understand and discuss the processes behind the globalisation of the world economy, tempered by an understanding of the way in which economic, political and cultural diversity persists, and constrains the homogenisation of consumer behaviour.
- Understand and discuss the importance and dynamics of the world trading system for global economic development and international business.
- Understand and discuss the significance of trade for the major world economies, shifts in their competitive advantages and the threats to free trade.
- Understand and discuss the significance of MNE for investment, employment and the physical environment at the nation state level.
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Reading List
Strongly recommended for purchase
Brown, A. (2018). International Business: Globalization & Trade. 1st Edition. Pearson.
Optional purchase
Collinson, S., Narula, R., & Rugman, A. M. (2020). International business. 8th Edition. Pearson UK.
Cavusgil, S. T., Knight, G., Riesenberger, (2020). International business: The New Realities. 5th Edition. Pearson International Edition.
Mankiw, G. and Taylor, M. (2014) Economics, 3rd ed. South-Western, Cenage Learning
Stutz, F., P., Warf, B. (2014) The World Economy: Resources, Location, Trade and Development. 6th Edition. Pearson.
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Additional Information
| Graduate Attributes and Skills |
Knowledge and Understanding
On successful completion of this course, students should be able to:
Demonstrate a thorough knowledge and understanding of contemporary organisational disciplines; comprehend the role of business within the contemporary world; and critically evaluate and synthesise primary and secondary research and sources of evidence in order to make, and present, well informed and transparent organisation-related decisions, which have a positive global impact.
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| Additional Class Delivery Information |
2 Lectures plus tutorials (1 hour per week for 8 weeks) |
| Keywords | Trade Theory UTO FDI Spillovers |
Contacts
| Course organiser | Dr Ferran Vendrell-Herrero
Tel:
Email: Ferran.Vendrell-Herrero@ed.ac.uk |
Course secretary | Miss Emma Allison
Tel:
Email: ealliso2@ed.ac.uk |
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