Faculty of Economics and Social Sciences
Department of International Business

Code Name Level Year Semester
IBS 102 International Business Operations Undergraduate 1 Spring
Status Number of ECTS Credits Class Hours Per Week Total Hours Per Semester Language
Compulsory 5 2 + 1 131

Instructor Assistant Coordinator
Malcolm Duerod, Senior Teaching Assistant Malcolm Duerod Merdzana OBRALIC, Assist. Prof. Dr.
[email protected] [email protected] no email

This course will provide you with an analytical framework for the study of international business operations. It uses the same fundamental methods of analysis deployed in other branches of economics, as the motives and behavior of individuals and firms remain the same whether they are in the context of international trade or domestic transactions. You will learn, however, that international trade introduces an entirely new and different set of concerns as well. This course will cover a broad array of relevant topics.

This course will frequently compare and contrast competing theories concerning the nature of international trade and the gains or losses thereof. We will work to understand the economic intuition behind technically demanding models and define the assumptions behind various theories before evaluating how well those models fit actual trading economies. We will also explore the relevance and policy implications of various theories/models, especially in terms of growth, income distribution, and development.

  1. Introduction to International Business
  2. Multinational Enterprises
  3. The Triad and International Business
  4. International Politics
  5. International Culture
  6. International Trade
  7. International Financial Markets and Institutions
  8. Midterm
  9. Risk Managment and Negotiation in International Business
  10. Company plant tour - K&M Gorazda
  11. Corporate Strategy and National Competitiveness
  12. Quiz 2
  13. The European Union: The Core and Newly Integrated countries
  14. Presentations
  15. Final Exam

  1. Syllabus - ground rules
  2. Case Discussion
  3. Article Analysis
  4. Quiz 1
  5. Article Analysis
  6. Ethics and the Natural Environment (chapter 23)
  7. Midterm Review

  1. Project assignment review
  2. Case Discussion
  3. Article Analysis
  4. Case Discussion
  5. Case Discussion
  6. Presentations
  7. Multinational Strategy (chapter 8)
  8. Final Exam Review

  • Interactive Lectures
  • Excersises
  • Presentation
  • Discussions and group work
  • Student debates
  • Case Studies
  • Use of educational films
Description (%)
Method Quantity Percentage (%)
Midterm Exam(s)120
Term Paper110
Final Exam130
Total: 100
Learning outcomes
  • Describe the current world trading system and the basic rules underlying this system.
  • Explain and discuss historic, current, and emerging economic models in the United States and around the world.
  • Use an analytical framework to examine contemporary international economic issues.
  • Analyze international trade agreements and the issues arising from the globalization.
  • Understand the concepts of foreign exchange, its importance to individuals, businesses, and the performance of national economies, and how foreign exchange markets work.
  • Analyze policy issues related to international trade.
  • International Business Alan Rugman, Simon Collinson, Prentice Hall, 5th ed, 2009, ISBN: 9780273716549

ECTS (Allocated based on student) WORKLOAD
Activities Quantity Duration (Hour) Total Work Load
Lecture (14 weeks x Lecture hours per week)14228
Laboratory / Practice (14 weeks x Laboratory/Practice hours per week)14114
Midterm Examination (1 week)122
Final Examination(1 week)122
Preparation for Midterm Examination11515
Preparation for Final Examination11515
Assignment / Homework/ Project41040
Seminar / Presentation11515
Total Workload: 131
ECTS Credit (Total workload/25): 5