The course
will be based on the lecture and class discussion and, in view of the diversity
of the class; it will be a participative seminar in design. Given the
opportunity of examining the global economic issues existent on both a
macro-micro level, this course uses economic research, which systematically
present data evident in the market system.
Analysis,
research, and presentation of materials, with the aid of theoretical frameworks
and tools presented in the lectures and readings, will occupy a substantial
amount of time spent in the course.
It
is expected that each student will have devoted substantial research time
outside the class meetings, be prepared to discuss case study findings, and
answer related questions in class. Enrollment in this course is a commitment to
do a careful, critical reading of suggested reading materials prior to each
class.
Discussions
and individual contributions are encouraged, expected, and shall count toward
the student’s final performance evaluation.
Developing the
Research Project:
The research
project can be described in three basic steps; developing the project,
conducting the research, analyzing and presenting the results.
Upon completion of
the research project, students will have:
1.
Exhibited
the ability to recognize and frame (and refine) an interesting and useful
research question of contemporary value to industry or government policy and
decision makers in finance, marketing and business administration.
2.
Develop
the literary and theoretical framework which provides the context for answering
the research question(s), and conduct original research for addressing the
research question;
3.
Analyze
the data;
4.
Communicate
the results of the research in an articulate and well constructed (and well
cited) research paper;
5.
Thereby
developing and exhibiting a detailed knowledge of a particular (well-defined)
issue on some topic related to finance, marketing and business administration,
and the ability to do quality academic research.
Performance Evaluation:
Upon
successful completion of the course, the student’s grade will be based on the
following performance results:
Class Participation 20%
Case Study Presentations 30%
Term Project- Written Paper 25%
Final Exam 25%
Notes on Class Participation:
Each course
participant shall be expected to participate in class discussions. The student
will be expected to contribute significantly to “in-class analysis and
discussion” of the case studies and reference materials.
Ways to
effectively contribute include:
· Responding to questions.
· Making observations that link and integrate
concepts or discussion.
· Asking perceptive questions or one that lead
to revealing discussions.
· Presenting alternative positions, ways of
looking at problems (e.g., Devil’s
advocate).
· Providing extensions, e.g. novel application
of an economic tool or technique
· Providing insights, e.g. motivation for the
use of a tool or technique
· Providing illustrations, e.g. examples of
“real world” applications.
· Providing feedback on the readings.
· Bringing current relevant reading materials
to class, e.g. The Economist, The
Financial Times, Business Week, Fortune,
Forbes and Wall Street Journal
articles.
· Recapitulating and summarizing.
As regards
the quality of the student’s individual participation, criteria include:
· Are the points made relevant to the discussion?
· Do the points go beyond a mere recitation of
case facts, and are implications
clearly
drawn?
· Is there evidence of analysis rather than
expressions of opinion?
· Are the comments linked to those of others?
· Did the contribution further the class
understanding of the economic issues?
· Is the course participant a good listener?
The following is a
general outline of our class schedule and milestone due dates for the semester.
Although not required, you are encouraged to come by the office at any time
during the semester to brief me on your progress or to get feedback.
Learning Outcomes:
The course
participant should gain an understanding of “Doing Business Around The World,”
through a comprehensive study and assessment of conceptual and practical
approaches, evident from economic issues prevalent in a global business environment.
The
new analytical tools resultant from participation in this course will enable
the student to observe economic events and activities closely, record findings
exactly, and frame generalities that cover the facts, without coloring from
myth, poetry, or other preconceived idea.
In
addition, the “lessons learned” will allow the student to predict with an
acceptable margin of error, the future behavior of market systems and thereby
guide action with assurance and wisdom. Knowledge is power.
Aim of the course
The lectures aim to provide a
comprehensive economic overview of “Doing Business Around The World,”
underpinned by a discussion of the political and economic framework and an
analysis of specific, industrial sectors. Also, ppt. case studies will be an
integral part of the course methodology.
Unlike other
research efforts in your graduate classes, this course 1) involves primary data
collection, 2) is conducted under close guidance from your instructor
throughout the semester- focusing on meeting various milestones, and 3) is
accompanied by one-on-one meetings with the instructor. A significant
“take-away” from this course will be the analytical benefits from guided independent research. Overall,
this intensive work in one area should complement the more general knowledge
acquired in other graduate courses.
In order to
fulfill the entire course requirements, students must meet specified milestones
for project assignments, designed to lead to a well-researched and original
paper on a selected topic, approved by the instructor, approximately 30-40 pages in length, which answers a relative research
question.
The instructional methodology of the course modules through didactic
class discussions will strike a balance between economic theory and practice,
within the context of both developed and emerging countries experience.
Particular attention is given to evolving economic ideas amplified in a country
overview; political overview; economic overview; corporate/enterprise sector;
environmental trends; and forecast scenarios.
Syllabus
Course Modules: Instructional Format for the Class
Sessions
Module I. Country
Overview
A.
Economic Highlights
B. Current Data
C. Comment and
Analysis
Module II. Political
Overview
A. People, History,
Government
B. Political
Conditions and Government Organization
C. Foreign Relations
and Defense Resources
Module III. Economic Overview
A. Economic Conditions
B. Macroeconomic Activity
C. Key Sectors
Module IV. Corporate/Enterprise Sector
A. Investment Overview
B. Taxation
C. International Supply Chain
1. The lectures address the increasing complexity in
today’s global markets and provide a blueprint, on how management and
organizations should conquer these demands.
Module V. Global Environmental Trends
A. Environmental Issues
B. Globalization Effects
C. Pollution Trends
Module VI. Global Forecast
Scenarios
A. Most Likely Five-Year Global Scenario
B. Second Most Likely Five-Year Global
Scenario
C. Third Most Likely Five-Year Global
Scenario
Examinations
Reading list
Required: 1. Collins, Good to
Great and Good to Great Diagnostic
Tool
2. Kaplan & Norton, The
BSC Framework
As specified above for each instructional module and
selective readings TBA by the professor.