International MBA : BUSINESS ECONOMICS

Code Cours
2223-IÉSEG-IMBA1S1-IBE-IMBCE02UE
Language of instruction
English
Teaching content
INTERNATIONAL BUSINESS
Training officer(s)
R.HELG
Stakeholder(s)
R.HELG
Level
International MBA
Program year
Period

Présentation

Prerequisite
N/A
Goal
1.A Demonstrate an international mindset
1.B Successfully collaborate within a intercultural team (BE AACSB Grade 1.B)
3.A Breakdown complex organizational problems using the appropriate methodology
5.A. Predict how business and economic cycles could affect organizational strategy (BE AACSB Grade 5.A)
5.B Construct expert knowledge from cutting-edge information
6.A Thoroughly examine a complex business situation (BE AACSB Grade 6.A)
6.B Synthesize multifaceted information from various sources across different functional fields
Assess the economic environment outside the firm and sustainability issues
Identify the relevant economic trends
Design strategies using the relevant macroeconomic information
Monitor the evolution of macroeconomic variables relevant for strategy implementation
Presentation
1. Introduction to the global economic environment and its sustainability
2. The market: supply and demand. Price elasticity
3. Introduction to firm internationalisation and trade policies
4. Measuring macroeconomic activity
5. The exchange rate market and interest rates
6. Exchange rate and prices
7. Euro and the Optimal Currency Area Theory

Modalités

Organization
Type Amount of time Comment
Présentiel
Cours interactif 24,00
Autoformation
Lecture du manuel de référence 3,00
E-Learning 3,00
Recherche 5,00
Travail personnel
Group Project 10,00
Charge de travail personnel indicative 15,00
Individual Project 15,00
Overall student workload 75,00
Evaluation
Assessment is based on a final written exam (closed books) (50%), on a group class presentation (30%) and on an integrative project (20%)
Control type Duration Amount Weighting
Examen (final)
Examen écrit 2,00 1 50,00
Autres
Projet Collectif 10,00 1 30,00
Projet Individuel 10,00 1 20,00
TOTAL 100,00

Ressources

Bibliography
Chpt 1 in Hill, International Business, 11th ed, McGraw Hill (freely downloadable see below) -
Chpts 4 and 5 in Mankiw N.G., Principles of Microeconomics, Cencage Learning (alternatively, chpts 3, 4 and 5 in Principles of Economics , Saylor Academy - freely downloadable see below) -
Chpts. 10, 11, 13 in Feenstra R.E., A.M. Taylor, Essentials of International Economics, 2nd ed, Worth, 2012 (in alternative, chpts 2, 19, 20 in Miles D., A. Scott, F. Breedon, Macroeconomics, 3rd edition, Wiley, 2012 -