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Objectives
The participants:
- will develop knowledge needed for understanding basic foreign trade principals,
- will develop skills for understanding international trade standards and agreements,
- will develop skills for understanding international trade numbers, and
- will acquire methodologies for understanding the influence of international trade on business.
Target Attendees / Participants
Students of Steinbeis Master of Business Administration
Course Content by Units
Introduction to the theory of international economic relations:
- Current data on the importance of international trade
- Balance of Payments
- Realistic Foreign Trade / Foreign Trade Theory and Theoretical explanations of the trade pattern
International trade and efficiency effects
International trade and distribution effects
Foreign trade in practice:
- Reasons and forms of foreign commitments
- Realization and problems
Implications for economic policies
Teaching Methods
Classic lecturing
Free and interactive class discussion
Literature
Deresky, H. (2013): International Management: Managing Across Borders and Cultures, Text and Casses, 8th Edition, Prentice Hall.
Dixit, A. K. / Norman V. (2002 - Repr.): Theory of International Trade: a dual general equilibrium approach, 1thedition, Cambridge University Press.
Krugman, P. R. / Obstfeld, M. (2006): International Economics: Theory and Policy, 6th edition, Boston / Mass, Pearson Addison-Wesley.
Mead, R. (2009): International Management, 4th Edition, Willey-Blackwell.
Siebert, H. / Lorz, O. (2006): Außenwirtschaft, 8. völlig neu bearbeitete Auflage, Lucius&Lucius.
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