Opetussuunnitelmat
Description
KB00BP25 | Introduction to International Trade (12 cr) |
Prerequisites | Not applicable |
Objectives | The students understands the issues related to the internationalization of companies, globalization and sustainability, as well as acquires the necessary skills in business mathematics in order to develop sound business logic. Moreover, the student can apply basic economic concepts, analyse a range of economic data and assess the effects of economic policies. Areas of Competence: International Business Operations: The student knows the internationalization process of a company and can explain the different aspects of successful international operations and their realization. Global and Sustainable Trading Today: The student understands the principles of globalization and its effects to organizations participating in international trade. The student can assess countries and international trade organizations' role in a changing global business environment. Student understands the principles of Corporate Social Responsibility and Sustainability in Trading. The student can follow current phenomena affecting global business. Business Math in Trading: Students can calculate percentages, indexes, currencies, interests, periodic payments and loan calculations. They can solve real business-life problems. They become familiar with the needs of everyday financing and the business world and realize the connection between theory and practice. Practical Economics: On completion the student can apply basic economic concepts and models to business situations. The student can analyse a range of economic data. The student can analyse the effects of economic policies on business and consumers. |
Content | Areas of Competence: International Business Operations: Internationalization process of the firm, international strategy, organizing for international business operations, market environments, international co-operative operations, evaluation of international operation modes, market research. Global and Sustainable Trading Today: Globalization, Global Markets and Country differences, global trade and investment environment, strategies and structures of international business. Corporate Social Responsibility, CSR. Business Math in Trading: Percentages, Taxation in Finland, Indexes, Foreign currencies and money exchange, Simple interest, Compound interest, Periodic payments, Loans. Practical Economics: Basic concepts, demand and supply, market structures, competition, macroeconomic framework, economic growth, economic development, business cycles, inflation, unemployment, economic policy. |
Recommended optional programme components | If necessary, the student advisor will recommend optional programme components for each student based on their individual study plan. |
Accomplishment methods | Not applicable |
Execution methods | Not applicable |
Materials | Not applicable |
Literature | Not applicable |
Evaluation Criteria | Not applicable |
Evaluation Criteria | |
Assessment Frameworks | Assessment framework |
Further Information | Not applicable |
Responsible persons | Not applicable |
Links | Assessment framework |
Implementations
No implementations.
28.3.2024 18:29:35