Global EconomyLaajuus (3 ECTS)

Objective

Rationale
To enable students to develop a broader strategic perspective on international developments that will enhance their managerial skills.

Aims
With increasing economic integration, it is no longer possible for business managers to ignore the impact of events in distant countries. The consequences of both the Asian crisis of 1997 and the invasion of Iraq in 2003 showed that global markets are more linked than ever before. This process is likely to continue. What is required is a structured approach to complex problems that enables decision-makers to take account of the difficulties and opportunities in a developing global business environment. This course will introduce various theoretical perspectives that provide the analytical tools necessary to make sense of that environment. Students will be able to apply these tools to topics of their choosing, thereby enhancing their understanding of problem situations that relate to their particular interests and goals.
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Analytical skills
Strategic management skills
Scenario planning

Content

By the end of the course, the student will be able to:
* Understand various theoretical approaches to the study of the global economy
* Apply analytical tools to specific problem situations in order to develop a deeper understanding of these
* Connect local events to international developments
* Apply a broader, strategic perspective to business issues
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Ambush tests

Further information

This course requires a lot of reading. Students must be prepared to take advantage of the extensive selection of relevant books available in the library, in addition to the online resources accessible via the library's web pages. Also, regular use of quality newspapers and periodicals will greatly enhance the student experience.

Lectures, classroom tests, final exam.