Managing International Trade and Investment module (BU52056)
Examine the economic theory behind international trade and investment. You will explore market structures, trade policy, exchange rates, and more
Global trade and investment are shaped by a complex web of economic forces. This module gives you the tools to understand and navigate them.
You will work through the core micro and macroeconomic theory relevant to international business. Topics include market structures, trade policies, and the welfare effects of trade flows. You will then explore the international monetary system. This will cover how exchange rates work, how currency markets operate, and how capital controls shape investment.
The module also examines the global institutional architecture of international trade. You will study the roles of the WTO, the OECD, the World Bank, the EU, and regional trade blocs. You will also consider how they shape the environment in which international businesses operate.
Assessment tests your ability to apply these ideas in practice.
What you will learn
In this module, you will:
- understand the core principles of micro and macroeconomics. This will be relevant to international trade and investment
- examine market structures, trade policies, and the welfare effects of international trade flows
- explore international monetary economics, including exchange rate regimes and capital markets
- understand the roles of the WTO, OECD, World Bank, EU, and regional trade blocs in shaping global trade
- apply economic concepts to practical international business and managerial decisions
By the end of this module, you will be able to:
- show a critical understanding of core micro and macroeconomic principles. This will be relevant to international managerial decisions
- explain key concepts and applications of international trade and investment theory
- describe the global economic and financial context facing international businesses
- evaluate the effect of the trade environment on international business behaviour and performance
- abstract essential features of complex open economic systems. You will be able to this from a trade and finance perspective
- apply economic concepts to structure and solve problems in international business contexts
Assignments / assessment
- Class quizzes (30%)
- Managerial report (70%)
- This will involve the analysis of a real international trade case
This module does not have a final exam.
Teaching methods / timetable
- Lectures
- Workshops
You will also spend time on guided independent study.