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Updated in [September 26th, 2023]

What does this course tell?
(Please note that the following overview content is from the original platform)
We live in a world of intensifying global relationships one in which international business has become the key determinant of economic development and prosperity This course Introduction to International Business Part I introduces students to a fundamental understanding of the socioeconomic political cultural and linguistic environment in which international businesses operate This course utilizes an inquiry-based approach to understanding country-level relationships in the global business environment It surveys the global business environment by asking and answering key questions about society the global economy cultures institutions and languages The questions we will ask are: 1 What is Globalization? 2 Is Globalization New? 3 How do Political and Social Institutions impact National Economic Development? 4 What is the role of Culture? 5 What are the Gains from Trade? 6 Free Trade Free-r Trade or Managed Trade? Part II will look at additional questions including 7 What are Foreign Currencies and how are Exchange Rates Determined? 8 What does the current global business environment look like? This inquiry-based approach creates reflective opportunities for students to better understand the environment in which businesses operate Lectures are delivered in an engaging manner which encourages reflection and inquiry This course is taught at the introductory college level but is open and accessible to learners of all backgrounds

We considered the value of this course from many aspects, and finally summarized it for you from two aspects: skills and knowledge, and the people who benefit from it:
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What skills and knowledge will you acquire during this course?During this course, students will acquire the following skills and knowledge:
1. Understanding of the socioeconomic, political, cultural, and linguistic environment in which international businesses operate.
2. Ability to analyze and evaluate country-level relationships in the global business environment.
3. Knowledge of the global economy, including its institutions and languages.
4. Understanding of the concept of globalization and its impact on international business.
5. Knowledge of the historical context of globalization and its relevance to the present.
6. Ability to assess the impact of political and social institutions on national economic development.
7. Understanding of the role of culture in international business.
8. Knowledge of the gains from trade and different trade policies, such as free trade, free-r trade, and managed trade.
9. Understanding of foreign currencies and how exchange rates are determined.
10. Knowledge of the current global business environment.
Through an inquiry-based approach, students will develop reflective thinking skills and gain a deeper understanding of the environment in which businesses operate. The engaging delivery of lectures encourages reflection and inquiry, making the course accessible to learners of all backgrounds.

Who will benefit from this course?
This course, Introduction to International Business Part I, will benefit individuals who are interested in or pursuing careers in international business, economics, or related fields. It is particularly relevant for:

1. Business students: This course provides a fundamental understanding of the global business environment, including the socioeconomic, political, cultural, and linguistic factors that impact international business operations. It equips students with the knowledge and skills necessary to navigate the complexities of conducting business on a global scale.

2. Economics students: The course explores the impact of political and social institutions on national economic development, as well as the gains from trade. It also delves into the concept of globalization and its historical context. Economics students will gain a deeper understanding of the global economy and its interconnectedness.

3. Professionals in multinational corporations: Individuals already working in multinational corporations or those aspiring to do so will benefit from this course. It provides insights into the current global business environment, including an understanding of foreign currencies and exchange rates. This knowledge is crucial for making informed business decisions and managing international operations.

4. Government officials and policymakers: The course examines the role of political and social institutions in economic development. Government officials and policymakers can gain valuable insights into how these institutions impact national economies and make informed decisions to promote economic growth and prosperity.

5. Individuals interested in global affairs: This course offers a comprehensive overview of the global business environment, including the role of culture and the different approaches to trade. It is suitable for anyone interested in understanding the complexities of the global economy and its impact on societies worldwide.

Course Syllabus

What is Globalization?

Is Globalization New?

How do Political and Social Institutions impact National Economic Development?

What is the role of Culture?

What are the Gains from Trade?

Free Trade, Free-r Trade or Managed Trade?