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EBBA203 – THE GLOBAL ECONOMY (5 ECTS)

Unit Information

Course ID
EBBA203
Department
Business and Finance
Campus
Online
Level
Undergraduate
Instructor
TBC (To be confirmed)
Semester
Winter - Term II (Undergraduate)
Credit
5 ECTS
Method
EBU Online Campus
Tuition Fee
Category
Duration
13 weeks
Total Contact Hours
19
Language of Instruction
English
Exam Hours
2
Total Study Hours
115

Unit Information

Overview

Exchange of goods, services and capitals across borders represent a significant share of most countries gross domestic product. This course aims to teach BBA students the fundamentals of international trade in today’s global business world, including the concepts and principles of international economics. Therefore, understanding the global business context and the current global challenges reveal to be the key to success
in global commerce

Course Objectives

The objectives of this course articulate around discovering the concepts and principles of International Trade, investigating the impacts of exchange rates and interest rates, and exploring the concept of the Balance of Trade.

Learning content and outcomes

At the completion of the course the student will be able to:

  1. Demonstrate an understanding of the global trade environment
  2. Demonstrate a critical understanding of the concepts and principles of international trade
  3. Identify and evaluate the exchange rates and interest rates impacts on global trade
  4. Critically analyse the concept of balance of trade

Assessment

55% – Classwork (review questions, homework, essay, and other related activities)
5% – Merits
40% – Final Exam

Bibliography
  • Schiller, B. And Gebhardt, K. (2016). The Economy Today. 14th Edition. McGraw Hill.
  • Recommended articles are available on Moodle, listed under each session.


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Château de Wiltz
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G.D. of Luxembourg

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ADMINISTRATION OFFICE
Europe Tel. +352 26 95 32 29
(Available on Mon, Wed & Fri from 10am to 4pm CET)
Africa Tel. +254 707 835 194

admin@ebu.lu

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