International Business Economics

INB452

Code	INB452
School	EBSL
Description	International Business Economics is a specific field of study focusing on the philosophical underpinnings of national policy decision frameworks and outcomes. It highlights all of the macro-economic phenomena and actors affecting a country or region's insertion into the international arena, including development and inequality issues, and is therefore broader in scope than the Politics of Trade elective (INB 453), which concentrates on specifically cross-border economics and actors. IBE will give learners an opportunity to acquire and/or hone up on their recognition and mastery of macro and micro-economic variables, thereby enhancing their ability to critically analyse the economic context within which their international business initiatives will take place. The module also calls attention to the political aspects of economic decision-making, and discusses to what extent economic processes are endogenous or embedded in more of a cognitive framework. This helps to develop learners' cynicism in regards to ambient discourse.
Module Level	4
Module Code	INB452
Available Summer	N
Semester	1
Credits	15
ECTS Credits	6.5
Contact Hours	33
Course Aims	The aim of this module is to undertake a systematic exploration of macro and micro-economic influences on the global business environment. Learners will gain familiarity with a wide array of approaches to policy-making, thereby deepening their ability to critique the political economic perspectives that they will encounter in a real international context. A further aim is to underpin their capacity for discerning which economic phenomena are embedded in long-term trends, as opposed to other, more ideologically driven economic approaches that will wax and wane as paradigms change.
Learning Outcomes	Develop a deep knowledge and understanding of the various theories and methodologies to approach the study of the international business economies. Master critical awareness of current published research and research methods Critically appreciate how international business economy interlinks within an international framework Demonstrate the ability to make presentations before a variety appropriate audiences including receiving criticism from others
Reading Recommended	Ravenshill, J. (2008), Global Political Economy, Oxford University Press, Second Edition Glyn, A. (2006) Capitalism Unleashed, OUP (ca. 183 pages), week 3 Held D. & McGrew, A. (2004) The Global Transformations Reader: An Introduction to the Globalisation Debate, Oxford: Polity Press – section indicated week 4 Stubbs, R. & Underhill, G. (2005) Political economy and the Changing Global Order, OUP
Asseseement Methods	Individual essay (33.3%) Oral contributions (in an individual and group capacity) (33.3%) Written debate summary (to be submitted on a group basis) (33.3%)