Information | Course
Description | Texts | Course
Objective | Course Format
Grading and Performance Evaluation | The Course Outline and Assignments
|Professor||Dr. Irvine Clarke III, Associate Professor of Marketing|
|Office Location||643 Zane Showker Hall|
|Office Hours||Available by appointment.|
|Home Page||http://www.reocities.com/irvineclarke/ or http://welcome.to/irvineclarke|
Foundation course for understanding the world economy and the international economic forces that affect every activity in the private or public sector toour economy. It provides a comprehensive introduction to internationalmonetary systems, worldwide patterns of trade and investment, international money and capital markets, balance of payments issues, and an overview offinancial, managerial, marketing, and strategic planning problems confronted by multinational finance. The determinants of trade and foreign investment are discussed and international institutions that regulate trade and capital flowsare surveyed.
Required Text: Hill, Charles W.L., International Business, Irwin. Click here to order the text.
Supplementary Text: John D. Daniels and Lee H. Radebaugh: International Business: Environments and Operations, Addison-Wesley, 8th Edition, 1998.
Click here to order the supplementary text.
The course is designed to provide a foundation for understanding the world economy and the international economic forces that affect every activity in the private or public sector of a nation's economy. It provides a comprehensive introduction to international monetary systems, worldwide patterns of trade and investment, international money and capital markets, balance of payments issues, and an overview of financial, managerial, marketing, and strategic planning problems confronted by multinational firms. The determinants of trade and foreign investment are discussed and international institutions that regulate trade and capital flows are surveyed. Students should aim at attaining a familiarity with major features of the world economy, multinational corporations, current international economic issues, and the ways in which governments and businesses deal with these issues.
Please see the following website for the specific course objectives: http://www.reocities.com/irvineclarke/5503objectives.html.
To achieve the objectives of the course, lecture/discussion sessions on the assigned reading materials and student paper/case presentations will be employed. Students are expected to arrive well prepared to discuss the meeting's assigned topic. In particular, students must have completed the meeting's required readings, prepared the selected cases or questions and should be fully prepared to discuss these issues in-class.
and Performance Evaluation:
The following scale
will be used. A grade of zero will be assigned for any assignments
not turned in on schedule or for missing an exam.
|97.5 - 100||A+|
|92.5 - 97.49||A|
|90 - 92.49||A-|
|87.5 - 89.99||B+|
|82.5 - 87.49||B|
|80 - 82.49||B-|
|77.5 - 79.99||C+|
|72.5 - 77.49||C|
|70 - 72.49||C-|
|67.5 - 69.99||D+|
|62.5 - 67.49||D|
|60 - 62.49||D-|
Incomplete grades will only be given if extraordinary circumstances (beyond the student's control) occur that preclude students from completing the course. Incompletes will not be given to students who have failed to complete assignments because of their own propensity to procrastinate.
A group paper (approximately 15 pages double spaced) will be expected. The paper topic must be approved but it can cover any area that relates to the course objectives. Students majoring in international business are encouraged to consider their thesis topic and tie this work to that area. Practicing managers are encouraged to select a work related topic that can help you gain recognition at work. The paper topic should be selected, and discussed with me before submitting the paper proposal. This one-page paper proposal must be submitted by each group on class #6.
Collaboration: Students are permitted, in fact encouraged, to collaborate on homework, cases, and for class preparation. This can often crystallize important information. However, no collaboration is allowed during written in-class exams. Therefore, no communication of any type (talking, passing of notes ...), or other assistance between students will be allowed during exams. Violations will result in a grade of zero for the exam (and an F in the course) and students will be referred to the Dean of Students for further appropriate action.
The Course Outline and Assignments: For each lecture, notes can be obtained by "clicking" the topic links below in the middle column.
|Class Meeting||Topic and Lecture Outline Links||Chapter|
|Class Meeting #1||Introduction to the Course||N/A|
|Class Meeting #1||The Globalization of the World Economy||Chapter 1|
|Class Meeting #1||Political and Legal Environments Facing Business||Chapter 2|
|Class Meeting #1||The Economic Environment||Chapter 2|
|Class Meeting #2||International Trade Theory||Chapter 4|
|Class Meeting #3||Governmental Influence on Trade||Chapter 5|
|Class Meeting #3||Economic Integration and Cooperative Agreements||Chapter 8|
|Class Meeting #4||Foreign Direct Investment||Chapter 6|
|Class Meeting #4||Foreign Direct Investment||Chapter 7|
|Class Meeting #5||Human Resource Management||Chapter 18|
|Class Meeting #5||The Impact of Multinational Enterprise||Chapter 12|
|Class Meeting #6||Cultural Environment Facing Business||Chapter 3
Paper Proposal Due
|Class Meeting #6||Global Marketing||Chapter 17|
|Class Meeting #7||The Foreign Exchange Market||Chapter 9, 10|
|Class Meeting #7||The Determination of Exchange Rates||Chapter 9, 10|
|Class Meeting #7||The Multinational Finance Function||Chapter 11, 20|
|Class Meeting #8||Collaborative Strategies||Chapter 14|
|Class Meeting #8||Export and Import Strategies||Chapter 15|
|Class Meeting #9||Country Evaluation and Selection||.|
|Class Meeting #10||MID-TERM EXAM||Chapters 1, 2, 4, 5, 6, 7, 8, 12, and 18|
|FINAL EXAM||.Chapters 3, 9, 10, 11,14, 15, 17, and 20|
NOTE: The above schedule and procedures in this course are subject to change in the event of extenuating circumstances. My International Business Resource page can be accessed at the following website: http://www.reocities.com/irvineclarke/ib.html.
This syllabus is subject
to change upon notification by the professor.
Copyright © 1998-2001 by Dr. Irvine Clarke, III.