International Trade and Markets
Module profile
Programme
Module no./code, Module name
Module 16 / ITM, International Trade and Markets
Duration
1 Semester
Frequency
jedes Semester
ECTS credits
6 Credits
Type of module
Pflichtmodul
Language(s) of instruction
Englisch
Language(s) of examination
Englisch
Study mode
- Vollzeit
Courses of the module
| Name | Course type | Credit hours | Links |
|---|---|---|---|
| International Trade | Seminaristischer Unterricht | 2 Credit hours | n/a |
| Country Analyses | Seminaristischer Unterricht | 2 Credit hours | n/a |
Workload
Total workload
180 h
Attendance time
45 h
Self-study time
90 h
Exam preparation
45 h
Organisation and Exam
Module manager
Prof. Dr. Axel Bialek
Lecturer(s)
- Prof. Dr. Axel Bialek
- Prof. Dr. Manfred Kiesel
Teaching and learning formats
Seminar
individual and joint classroom exercises
case studies
Applicability
This module provides a general understanding of cross-border business and the interrelatedness of global markets. The learning outcomes are deployed within the focus 24 – 27.
Programme semester
4. Semester
Particular conditions for admission (to exam)
Scientific Homework about a topic of one of the classes (F)
other exam (soP): Report (A), Presentation (B) or Portfolio (F); Multiple Choice: possible;
Condition for award of ECTS credits
- sonstige Prüfung (Präsentation)
- sonstige Prüfung (Hausarbeit)
- sonstige Prüfung (Portfolio)
Weighting factor of module grade
Factor 1
Conditions for participation (in module)
Module 13 Intercultural Management & Module 14 Economics
Contents, Learning Outcomes & Literature
Module contents
This module focusses on international business and management tools with special regards to the implications of globalization.
International Trade:
- Students will be engaged with topics like:
- structures of international markets
- cross-border trade patterns
- international finance integration
- environmental standards
- consequences of migration
- implications of globalization for managing the business
Country Analyses:
- Objectives, Target groups
- Tools
- PEST
- Benefit Analysis
- Company specific analysis
- Own research and scientific documentation about one Case
Learning outcomes
Level: Reproduction
The students...
- recognise the main drivers of globalisation and describe the changing nature of the global economy
- identify the political instruments used by governments to influence international trade flows
- describe the development of the world trading system and the current trade issues
- identify criteria for analysing markets
- know about the process and research tools
Level: Knowledge an Comprehension
The Students...
- summarize the different theories explaining trade flows between nations
- explain the history, current scope and future prospects of the world’s most important regional economic agreements
- examine current trends regarding foreign direct investment in the world economy
- understand and work with indices
Level: Problem Solving
The Students...
- doing research and writing a paper fulfilling scientific criteria about:
- associate the implications for management practice of national difference in political economy and culture
- interpret the benefits and risks associated with the globalisation of capital markets
- classify the functions of the foreign exchange market and illustrate the implications of the global monetary system for currency management and business strategy
- analyse investment possibilities in different industries
- Develop rankings by value benefit analyses
Literature and other material
Hill, C. W.L.: International Business – Competing in the Global Marketplace, current ed.
Deresky, H.: International Management – Managing across Borders and Cultures, current ed.