I - Course Objectives
Global Economy is an introduction to international business from both macro and micro perspectives. It examines the environmental factors affecting national economies, industries, and firms. It analyzes current business issues and developments, which impact national and regional economies.
With the increasing interdependence of national economies and the growing role of global enterprises, the understanding of international economic and cultural issues is vital to business decision-makers. The material covered includes socio-cultural, economic and financial dimensions of global business. Students should obtain a good understanding of the basic theory as well as the knowledge of the major current issues in the global economy.
Learning Objectives
- Develop an understanding of the challenges and opportunities facing governments and multinational enterprises in today's global environment.
- Develop an understanding of critical cultural, economic and business issues in global markets.
- Develop an understanding of the changing patterns in trade and investment flows.
- Develop an understanding of business concepts, theories, and strategies used by multinational firms operating in developed and newly developing economies.
- The application of an analytical framework for examining specific country environments.
II - The Teaching / Learning Approach
The teaching format for this class is an interactive participatory one. Students are expected to come prepared to discuss the assigned topics. They are expected to have researched and read the assigned materials before each class session. The class will be conducted primarily as a seminar and animated by discussions,quizzes, updates and presentations.
Internet Use
Information technologies are changing the way people and organizations operate. Internet technology is changing the teaching / learning process. Learning the effective use of electronic sources of information is one of the objectives of this class.
The Internet will be a major tool for exploring our interdependent world. Several Web sites will be explored as "starting points" for further research activities.
III - Required Textbook and References
International Business: An Integrated Approach, J. Wild, K. Wild & J. Han; Prentice Hall, 2002.
Recommended books, references and Internet web sites will be provided separately.
IV - Attendance and Assignments
Classroom attendance and library assignments are essential and integral parts of the learning process. Students are expected to attend all class sessions and actively participate in the discussions. Active participation enhances the learning experience. Students are expected to make extensive use of DePaul Libraries references, directories, databases and Web Site
V - Methodology
This course is conducted mainly as a collaborative and reflective learning seminar. In order to enhance the learning experience, we will combine lectures, workshops and brainstorming with group exercises and discussions. Active classroom participation and research assignments are the necessary building blocks of the knowledge acquired in this class.
VI - Grading System
Students are responsible for the subjects, topics, concepts and cases presented and discussed in the classroom. The tests, quizzes and the research work will evaluate the student's understanding of key terms, concepts and questions covered in the class. The final grade is based on the total points obtained during the entire course. The points are distributed as follows:
2 Tests (Research Work) ....... 60 points
Assignments ......................... 20 points
Class Participation ................ 20 points
Total ................................... 100 points
Tests and assignments are evaluated on the basis of clarity, depth and relevancy of information gathered as well as the professional outlook. The overall grading scale for the final grade is based on a student's accumulated points. The scale for this class is:
93-100=A; 90-92=A-; 87-89=B+, 83-86 =B; 80-82=B-;
77-79=C+; 73-76=C; 70-72=C-.
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