Specialization Core Courses : International Business

Learning Objective/Outcome (s):
1. Deliver knowledge of international business in a more practical manner
2. Illustrate international issues and their impact on international business
3. Prepare students for analysing problems related to international business

Pre-learning: Business Environment, Micro Economics and Macro Economics

Course Outline

Sr.No. Topics Hours
1 Nature of International Business-Concepts of International Business, Reasons for International Business Expansion. Sector specific and country specific developments with respect to terms of trade. Challenges faced in International Business. 5
2 International business expansion modes- Trade related modes, contractual modes and Investment modes 7
3 Dimensions of Economic Globalization-Globalization of Production, Globalization of Markets, Globalization of Competition, Globalization of Technology 6
4 Multinational Enterprises- Introduction, concepts of MNEs, types of MNEs, positive and negative effects of MNEs on host economies, Transnational corporations and Global Enterprises 6
5 Foreign Direct Investment- Nature of FDI, Why FDI, Demand & Supply Factors influencing FDI, Extent of FDI, India’s share in international FDI, Positive and negative effects of FDI on Host economies
6
6 Nature of International Finance- Domestic & International Financial Management compared, Major activities in International Financial Management- Investment decision, Financing Decision & Management Decision 6
7 Economic and Regional Integration
Specific Additions suggested-
Levels of Integration- Preferential Trading agreement, free trade area, customs union, common market, economic union and political union. Bilateral and Multilateral Trade 4
8 Emerging Economies – Characteristics, Opportunities & Threats 5
Total 45

Pedagogy
1. Lecture Sessions
2. Case lets

Books Recommended
1. International Business y Rakesh Mohan Joshi, Oxford University Press
2. International Business by V.K.Bhalla, S. Chand
3. Global Business Today by Charles W. Hill, TMGH
4. International Business by Alan M Rungman, Simon Collinson, Richard M Hodgetts, Prentice Hall
5. International Business by Czinaota, Ronkanen, Moffedd, Driden publication
6. Basics of International Business by James P. Neelankavil and Anoop Rai, Taylor and Francis
7. International Business: The New Realities by Cavusgil S, Gary Knight, and John R. Risenberger, 3rd Edition, Pearson.