GLOBAL ECONOMICS

Code Cours
2324-IÉSEG-M1S2-IBE-MA-FE80UE
Langue d'enseignement
English
Matières
INTERNATIONAL BUSINESS
Responsable(s)
S.VIGEANT
Intervenant(s)
S.VIGEANT
Niveau
Master
Année de formation
Période

Présentation

Prérequis
Basic microeconomics (in particular supply and demand, the cost curves; knowledge of market structure is an asset)
Objectifs
At the end of the course, the student should be able to:
• Assess opportunities and threats for firms in a globalized economy
• Build a basic analysis of country trade opportunities
• Analyse market (demand and supply side)
• Identify the market structure and deducing consequences for the company
• Apply the most appropriate theories of international trade to diagnose the industry and environment characteristics
• Use properly the theories about the internationalisation of firm to evaluate the company internationalization strategies
Présentation
1. The Firm : This modules introduces how economists represent the firm in the economy.
2. Market structures and the firm : How businesses are influenced by their national and global market environment: Prices and incentives
3. The global economy : Features of emerging economies and business environment leading to global competitiveness and international trade theory.
4. The firm in the global economy : Exporting and international organization of the firm.

Modalités

Organisation
Type Amount of time Comment
Présentiel
Cours magistral 16,00
Autoformation
Lecture du manuel de référence 4,00
E-Learning 4,00
Recherche 8,00
Travail personnel
Group Project 4,00
Individual Project 8,00
Charge de travail personnel indicative 4,00
Overall student workload 48,00
Évaluation
There will be a final exam and a group project. The final exam focuses on the theoritical concepts. The group project is an application of the concept to a real firm.
Control type Duration Amount Weighting
Examen (final)
Examen écrit 2,00 1 50,00
Autres
Projet Collectif 0,00 1 50,00
TOTAL 100,00

Ressources

Bibliographie
Pugel, T., International Economics, McGraw Hill Irwin, chapters 1 to 6, 14. -
Lipczynski, John, John O.S. Wilson and John Goddard, Industrial Organization: Competition, Strategy, Policy, Third edition, Prentice Hall – Financial Times, Harlow, 2009. -
Markusen, J.R., Multinational Firms and the Theory of International Trade, September 2004, MIT Press -
Krugman, P., M. Obstfeld, International Economics: Theory and Policy, Addison Wesley, chapters 1 to 7. -
Porter, M. E., The Competitive Advantage of Nations, Havard Business Review, March-April 1990 -
Helpman, E., Melitz M., Yeaple, S., Export versus FDI with Heterogeneous Firms, American Economic Review, 2004, vol. 94, 300-316 -
Deardorff, A.V.; Stern, R.M.. What You Should Know about Globalization and the World Trade organization, Review of International Economics, August 2002, Vol. 10 Issue 3, 404-423 -