This course is specially designed for the Schwarzman College at Tsinghua University – China. The course provides a review of International Business as an area of theoretical development as well as a field of practice and its impact on Economic Development Strategies. This course is intended to provide students with a broad knowledge of current empirical debates in International Business, International Trade, International Political Economy and Economic Development. The course includes elements of economics, management, public policy, anthropology and sociology theories.
The course is divided into three parts. The first part (Contextualization, International Trade Theory and the Macro Economic Environment (Social and Economic aspects in which International Business is embedded). The second part analyses all practical aspects of the International Business and its operational structure. The third part investigates the relationship between International Business and Economic Development exploring modern strategies for Nations development catching up process such as innovation and industrial development. This course is designed to help you integrate your knowledge from different scientific backgrounds and reflect on the future international direction of the economy, industries, sectors, and firms.