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2011/2012 BA-IVK_OEM Markets of the Americas
| English Title | |
| Markets of the Americas |
Course Information | |
| Language | English |
| Point | 15 ECTS (450 SAT) |
| Type | Mandatory |
| Level | Bachelor |
| Duration | One Semester |
| Course Period |
Spring
4th semester |
| Time Table | Please see course schedule at e-Campus |
| Study Board |
Study Board for BA in International Business Communication |
| Course Coordinator | |
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| Main Category of the Course | |
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| Last updated on 29 maj 2012 | |
| Learning Objectives | |||||||||||||||||
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The course increases students’ knowledge and understanding of basic economic concepts as well as the economic development of the American continents in the 20th and 21st centuries. Similarly, the course strengthens the students’ knowledge about regional and sub-regional integration processes and teaches them how to use economics and business statistics. Moreover, the students gain insight into the issues and problems Danish and international companies and organizations encounter when acting on the American markets. It is the aim of the course to strengthen the students’ analytical skills and their ability to distill information from a number of different sources. | |||||||||||||||||
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| Examination | |||||||||||||||||
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a) In the paper, the student must be able to: • Identify the main characteristics of the economic systems in the USA and the Latin American countries • Analyse and assess the nature and development of contemporary market systems in the western hemisphere • Apply relevant concepts, models and theories in the discussion of market systems and structures b) At the exam, the student must be able to: • Identify the defining characteristics of the economic systems in the USA and the Latin American countries • Apply the concepts, models and theories which are used in the study of market systems and structures • Assess competing economic strategies in the western hemisphere • Assess the meaning of major economic events and developments in the western hemisphere • Compare and contrast the economic systems in the USA and the Latin American countries • Discuss and assess the economic debate and the nature of the economic systems in the western hemisphere in a precise and efficient way | |||||||||||||||||
| Prerequisites for Attending the Exam | |||||||||||||||||
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In order to take the written exam (b), the student must have passed the mandatory paper (a) a) mandatory paper - progress test Individual home assignment. Deadline: See semester plan. The paper is handed in, in two copies, to the teachers. Length: A maximum of 8 standard pages. No censorship. Pass/Fail. | |||||||||||||||||
| Course Content | |||||||||||||||||
The course starts with an introduction to economic concepts such as growth and productivity. This is followed by an examination of the economies of the USA and Latin America. The course deals with different developmental strategies in Latin America such as Import Substitution-Industrialization (ISI), the Latin American debt crises, structural adjustment programs, new regionalism and – in the USA – the New Deal period, economic development since World War II, Reaganomics, and the period of continuous expansion in the second half of the 1990s. Against this background, changes in business organization, structure and culture are discussed. The final classes of the course will deal with NAFTA, FTAA and the regional integration process. | |||||||||||||||||
| Teaching Methods | |||||||||||||||||
| Class teaching with presentations by the teacher(s) and group work. Emphasis is placed on active participation in classes. | |||||||||||||||||
| Student Workload | |||||||||||||||||
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| Further Information | |||||||||||||||||
Make-up exam/re-exam As the regular exam. The holding of the exam a) Make-up exams/re-exams are held before the end of the semester on a date set by the teacher. b) The exam is held immediately after the ordinary exam period. After that, the exam cannot be taken until the next ordinary exam of this course. | |||||||||||||||||
| Literature | |||||||||||||||||
Edward Ashbee (2010),The US Economy Today(Manchester University Press) Patrice Franko (2007) The Puzzle of Latin America Economic Development (3rd edition)(Rowman & Littlefield) Furtherliterature will be listedin the semester plan | |||||||||||||||||