EBBA203 – THE GLOBAL ECONOMY (5 ECTS)

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.