KING'S COLLEGE
INTERNATIONAL BUSINESS PROGRAM
INTRODUCTION TO INTERNATIONAL BUSINESS (IB241)
Instructor:
Phone:
E-mail:
Office Hour:
Bindu Vyas, Ph.D.
570-208-5900 Ext. 5787
[email protected]
11:00am -12:00 am MWF
Or by appointment
Required Textbook:
Global Business Today, Fourth Edition
Charles W. L. Hill,
New York: Addison Wesley
www.mhhe.com/hillgbt4E
Reference Journals
and Periodicals:
Academy of International Business www.aib.msu.edu
Business Week
Economist
Course Objectives:
The main objective is to develop a theoretical and conceptual understanding of issues related
to international business. Emphasis will be on
1. examining the causes, methods, obstacles and consequences of international trade and
investment and applying that knowledge to the challenges of doing business internationally.
2. learning about micro and macro factors which makes the environment of international and
domestic businesses distinct. This helps students develop problem-solving skills for their
careers.
3. introducing students to the tools and methods required to function effectively within
international business environment.
4. evaluating and integrating theory with the real world experience.
Course Description:
This course will provide broad overview of the environment in which international business
takes place. The topics to be covered include but are not limited to analysis of the political,
legal and cultural environments in which international businesses operate, understanding
corporate strategy formulation in the face of government intervention, understanding the
world's financial and capital markets, and discussing international trade and foreign direct
investment theories. The course covers broad spectrum of topics to equip students with
fundamentals of international business.
The text is divided into five major subject areas: Introduction to the field of international
business and globalization, country differences, cross-border trade and investment, global
monetary system, competing in a global marketplace. Assignment and/or case analyses
dealing with each of the text topic is utilized, with emphasis on problem solving methods.
Tentative Outline:
Week
Topic
1
* Chapter 1: Introduction and Overview
2
* Chapter 2: Country Differences in Political Economy
3
* Chapter 3: Differences in Culture
4
* Chapter 4: Ethics in International Business
6
* Chapter 5: International Trade Theory
7
* Chapter 6: The Political Economy of International
Trade
9
* Chapter 7 Foreign Direct Investment
10
* Chapter 8 Regional Economic Integrations
11
* Chapter 9 The Foreign Exchange Market
12
* Chapter 10 The Global Monetary System
13
*Chapter 11 Global Strategy of International Business
14
*Chapter 12 Entering Foreign Markets
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tentative syllabus