Faculty of Economics and Social Sciences
Department of International Business

Code Name Level Year Semester
IBS 131 International Business Operations Undergraduate 1 Fall
Status Number of ECTS Credits Class Hours Per Week Total Hours Per Semester Language
5 125 English

Instructor Assistant Coordinator
Malcolm Duerod, Senior Teaching Assistant Malcolm Duerod, Senior Teaching Assistant
[email protected] no email

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. International Business Overview Syllabus International Environment
  2. Multinational Enterprise Competitive Strategy Framework
  3. Foreign Direct Investment The Triad: US, EU and Japan
  4. International Politics and Economics Government Role in Business Integration, Strategy and Systems
  5. International Culture and National Institutions International Mergers and Acquisitions
  6. International Trade Theory Tariff vs. Non Tariff trade barriers
  7. Midterm Exam
  8. International Financial Markets and Institutions Foreign Exchange and Capital Markets
  9. Risk Management and Negotiation in International Business Political Risk and Country Assessment
  10. Corporate Strategy and National Competitiveness Porters Diamond Framework
  11. European Union; Competitive Position vs. other Triad;
  12. Emerging Markets; Brazil, Russia, India, China (BRICS);
  13. Ethics and the Natural Environment; Business Networks
  14. Group presentations
  15. Final Exam

  1. Globalization and Strategic Mgmt
  2. Case Study Discussion:
  3. Homework: Multinationals in Action
  4. Case: Environmental Regulation and Trade
  5. Cross Cultural Management
  6. Special Trade Zones; Bosnia Trade Current Status Update

  1. Course Paper Assignment
  2. Institutions: IMF, BIS, Central Banks
  3. Negotiating Strategy
  4. Case Study Discussion: IBM
  5. Strategy Issues; Course Paper Due
  6. Interface with the Triad
  7. Case Discussion: Strategies for dealing with Corruption
  8. Conclusion and Final Exam Review
  9. Consultations

  • Lectures
  • Presentation
  • Project
  • Assignments
  • Case Studies
  • Other:Discussion
Description (%)
Method Quantity Percentage (%)
Midterm Exam(s)125
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.
  • Discuss international trade and the issues arising from the globalization of markets.
  • Answer the four trade questions: “Why do countries trade?” “How does trade affect production and consumption in each country?,” “Which country gains from trade?,” and “Within each country, who are the gainers and losers from opening 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 Examination11414
Preparation for Final Examination11515
Assignment / Homework/ Project5525
Seminar / Presentation5525
Total Workload: 125
ECTS Credit (Total workload/25): 5