Theory in International Business

Course code IBUS4000Units 20Level 4000Faculty of Business and LawNewcastle Business School

This course focuses on a corporation's or a firm's relationships with its resources, capabilities and its environment. The environment is divided into three aspects; social and cultural; government and political; economic and technological. The course introduces students to the management instruments of particular relevance to a corporation/firm doing business internationally. The course explores the particular challenges of economic integration and globalisation faced by an international business. The globalisation of markets and production provides both challenges as well as opportunities for firms and corporations seeking to engage in international business. This course will contribute to the program by providing students with the essential knowledge required to be global managers. Specifically, the course provides a systematic analytical framework that encompasses economic theories; government policies; national differences in political, economic and cultural business strategies and organisational structures to analyse the micro and macro dimensions of international business.

Available in 2015

Callaghan CampusSemester 1
Previously offered in 2014
ObjectivesAt the conclusion of this course, students will be:
1. Equipped with skills and abilities to analyse complex international business issues and strategies.
2. Able to apply the fundamental economic concepts in international business.
3. Able to use and analyse on-line data sources.
4. Conversant with alternative theories, assumptions, applications, debates, and recent development in the area of international business.
5. Able to apply the theories, models and concepts to contemporary issues relating to trade export promotion, WTO and economic integration, international finance, strategy of international business, organisation of international business, and international business operations.
6. Able to critically discuss issues relating to international business decision-making.
7. Able to develop and present a critically reflective, well written, case analysis.
8. Skilled at working both independently and as a member of a group.
ContentContemporary International Business Environment and Globalisation
National Differences in Political Economy, Cultural, and Legal Systems: Implications for International Business
Trade, Foreign Direct Investment, and Multinational Corporations
Global Monetary Framework and International Business Transactions
International Business and Firms Strategies and Structures
International Business Operations
Replacing Course(s)Nil
TransitionNot applicable
Industrial Experience0
Assumed KnowledgeAn Undergraduate degree in business with a credit average.
Modes of DeliveryInternal Mode
Teaching MethodsIndividual Supervision
Self Directed Learning
Assessment Items
Essays / Written Assignments
Presentations - Individual
Contact HoursSeminar: for 3 hour(s) per Week for Full Term
Individual Supervision: for 1 hour(s) per Week for Full Term
Self Directed Learning: for 2 hour(s) per Week for Full Term
Timetables2015 Course Timetables for IBUS4000