Student guide Facoltà di Economia A.A. 2007/08

The course analyzes the determinants and consequences of the increasing international integration of markets. After an introduction on globalisation and economic growth. It focuses on the gains and losses of liberalizing versus protectionist policies as key information to understand the economic dimension of the current debate on globalization. In so doing, it presents the fundamental models of international trade theory. These highlight the distinction between the efficiency and the equity effects of trade policy. Such distinction is crucial to comprehend the political economy of international trade policy with its drive towards multilateral trade agreements on the one side, and the resistance to them by various pressure groups on the other side.  Some introductory elements of international finance are also covered. The managerial implications of the material presented are discussed.

The course is organized around the following four major topics:

1.  Introduction to globalization

2.  Domestic and international business: what are the differences?

3.  The global trade and investment environment

4.  The global monetary system

A more detailed syllabus will be distributed at the beginning of the course

Detailed Syllabus on-line:http://nt-notes.liuc.it/togloma.nsf

The course is organized with lectures by the instructor and seminars. For seminars students are expected to make a presentation in class and to write a short paper.

Final evaluation in this course is based on class participation (10%), seminar activity (40%) and  a final  written exam (50%).

Hill C.W.L., International Business, 6^th edition, McGraw-Hill 2006

Head K., Elements of multinational strategy, March 2006 (free access on the web).

Additional material will be suggested at the beginning of the course and will be posted on the web page of the course