English   Danish

2017/2018  KAN-CPOLO1042U  Economics of Global Strategy

English Title
Economics of Global Strategy

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Full Degree Master
Duration One Semester
Start time of the course Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc/MSc i International Business and Politics, MSc
Course coordinator
  • Christian Geisler Asmussen - SI
Main academic disciplines
  • Globalization and international business
  • Strategy
  • Economics
Last updated on 11-04-2018

Relevant links

Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors: The purpose of the course is to provide a strong and comprehensive economic foundation for students' ensuing analytical work on issues of strategic management and international business. After concluding the course, students should demonstrate
  • In-depth knowledge of the economic models studied, including ability to solve the basic quantitative problems related to these models
  • Understanding of how these models relate to the fields of strategic management and international business.
  • Ability to relate these theories and their underlying economic rationales to studies of real industries and business cases
Course prerequisites
The course draws intensively on microeconomic theory, and students who are not proficient in this subject are strongly recommended to read up on the subject prior to the course.
Economics of Global Strategy:
Exam ECTS 7,5
Examination form Written sit-in exam on CBS' computers
Individual or group exam Individual exam
Assignment type Written assignment
Duration 4 hours
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Summer
Aids Limited aids, see the list below:
The student is allowed to bring
  • Non-programmable, financial calculators: HP10bll+ or Texas BA II Plus
  • Language dictionaries in paper format
The student will have access to
  • Advanced IT application package
At all written sit-in exams the student has access to the basic IT application package (Microsoft Office (minus Excel), digital pen and paper, 7-zip file manager, Adobe Acrobat, Texlive, VLC player, Windows Media Player). PLEASE NOTE: Students are not allowed to communicate with others during the exam : Read more about exam aids and IT application packages here
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.
Course content and structure

This course integrates economics and finance as perspectives on multinational enterprise strategy and performance. Over the semester we will gradually build an economic model of the multinational enterprise, addressing questions such as: What is performance and how can managers measure, predict, and influence it? How does the internationalization of the firm influence its profitability and risk profile and how does this ultimately affect firm value? How can firms explore and exploit firm-specific and location-specific resources like technological knowledge in order to create and appropriate value in global markets? In short, how should firms internationalize in order to maximize their performance?

Teaching methods
Lectures, cases and exercises.
Feedback during the teaching period
The course seeks to offer feedback to students wherever feasible. Lectures and classes will provide extensive opportunities for questions and answers, and for getting immediate feedback on progress towards solutions during the in-class problem solving sessions. Students are also encouraged to take full advantage of the lecturer's office hours as a chance to test lines of argumentation, get further information about course themes, or receive comments on analytical work.
Student workload
Preparation time (readings, group work etc.) 135 hours
Lectures / class exercises / “homework cafés” / workshops etc. 31 hours
Exam (incl. preparation for the exam and actual exam period) 42 hours
Last updated on 11-04-2018