2014/2015
BA-BHAAO1937U International Economics and Business
English Title |
International Economics and
Business |
|
Language |
English |
Course ECTS |
7.5 ECTS |
Type |
Mandatory |
Level |
Bachelor |
Duration |
One Semester |
Course period |
Spring |
Timetable |
Course schedule will be posted at
calendar.cbs.dk |
Study board |
Study Board for BSc in Economics and Business
Administration
|
Course
coordinator |
- Anders Sørensen - Department of Economics (ECON)
- Christian Geisler Asmussen - Department of Strategic Management
and Globalization (SMG)
|
Sekeretær: Peter Dan
Eriksen, pde.smg@cbs.dk |
Main academic
disciplines |
- Globalization, International Business, markets and studies
- Corporate and Business Strategy
- Economics, macro economics and managerial
economics
|
Last updated on
05-05-2015
|
Learning objectives |
By the end of the course and at the
exam, the student must be able to:
- Demonstrate an overview over the methods, theories, and
analytical techniques used in international economics and
international business.
- Understand and present key models from international economics
and trade theory. The student must thus be able to set up a
relevant economic model describing a given situation, solve
numerical problems based on a given model, provide a graphical
analysis of a given solution, and provide verbal economic intuition
for the results.
- Demonstrate an understanding of the fundamental theories and
frameworks from the field of international business. The student
must thus be able to account for the content, economic foundations,
empirical implications, and practical relevance of those
theories.
- Apply the relevant theories, models, and methods to industry-
and firm-specific managerial issues, where the student is expected
to be able to relate the economic models and theoretical frameworks
to concrete cases.
|
Course prerequisites |
Completed course in introductory
microeconomics on the level of HA-Almen 1st year. |
Prerequisites for registering for the
exam |
Number of mandatory
activities: 1
|
Examination |
The exam in the subject consists of two parts:
Midtvejsprøve: | Sub exam weight | 30% | Examination form | Written sit-in exam | Individual or group exam | Individual | Assignment type | Multiple choice | Duration | 2 hours | Grading scale | 7-step scale | Examiner(s) | One internal examiner | Exam period | Spring Term | Aids allowed to bring to the exam | Limited aids, see the list below and the exam
plan/guidelines for further information:
| Make-up exam/re-exam | Same examination form as the ordinary exam If the number of registered candidates for the make-up
examination/re-take examination warrants that it may most
appropriately be held as an oral examination, the programme office
will inform the students that the make-up examination/re-take
examination will be held as an oral examination
instead. |
Afsluttende
prøve: | Sub exam weight | 70% | Examination form | Written sit-in exam | Individual or group exam | Individual | Assignment type | Written assignment | Duration | 4 hours | Grading scale | 7-step scale | Examiner(s) | Internal examiner and external examiner | Exam period | Summer Term | Aids allowed to bring to the exam | Limited aids, see the list below and the exam
plan/guidelines for further information:
| Make-up exam/re-exam | Same examination form as the ordinary exam If the number of registered candidates for the make-up
examination/re-take examination warrants that it may most
appropriately be held as an oral examination, the programme office
will inform the students that the make-up examination/re-take
examination will be held as an oral examination
instead. | Description of the exam
procedure
The exams are in English and the answers by the students must be
in English as well. The answers must be comprehensible, but the
capability to write in English is not otherwise a criterion for the
grade. |
|
Course content and
structure |
The globalization of the World economy has led to an increased
international mobility of goods, capital, and labor, presenting
multinational as well as domestic companies with new challenges and
opportunities. This course focuses on these challenges and
opportunities. The students must become familiar with and master
the analytic tools and models that make them able to exploit the
insights of International Economics and International Business when
working with managerial issues faced by firms in the global
economy. The course gives the students a solid theoretical
knowledge base, but the focus will be on the way in which this
insight is applied to real-world problems.
The course is built on two integrated perspectives which are
introduced in parallel. One perspective is based on models in
international economics and trade theory, while the other
perspective is based on international business theory. The students
will learn how to combine the insights from these two perspectives
and apply them to cases describing real industries and firms.
|
Teaching methods |
Lectures and exercise classes
consisting of case analysis and problem solving. |
Expected literature |
The course uses a customized book (available from the CBS
bookstore) based on:
- P. Krugman, M. Obstfeld, & M.J. Melitz: International
Economics, 9th Edition. Pearson
- S.T. Cavusgil, G. Knight, & J.R. Riesenberger:
International Business, 2nd Edition. Pearson.
- Cases from Harvard Business School Publishing
Lecturers: Christian Geisler Asmussen (SMG) and Anders Sørensen
(ECO)
Exercise Teachers: TBA.
|
Last updated on
05-05-2015