International Business
Instructor: , ,
To analyze issues related to globalization, European integration and the power-shift to Asian economies, such as China. To understand the processes of European integration in the context of ordoliberal public policy promulgated by Germany. To explain economic and financial crises and the way they affect private firms, especially TNCs, and use them to understand specific crises in the history of international capitalism, especially the financial crisis that hit the West in 2007-08 and the Euro-zone crisis; to comprehensively deepen the field of studying the crises by looking into concrete case studies in recent history, such as the stagflation of the 1970s and the debt crisis in the European periphery, especially Greece; to advance an understanding of monetary and financial institutions in the macroeconomics of the private firm and the way in which interact with sovereign executives (states); to understand, eventually, how business work in a global environment characterized by the crisis of globalization/financialization and how business in the periphery of the global system are affected from this crisis. Can we have a sustainable global business environment without social inequalities and destruction of the ecosystem?
| Code : |
2O14IIB |
| Status: |
C |
| Semestar: |
10th |
| Number of classes per week: |
2+2 |
| ЕECTS: |
4 |
| Teachers: |
Јелена Тривић,
PhD Full Professor
Драган Глигорић,
PhD Associate Professor
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| Prerequisites: |
No |
| Learning Outcomes (gained knowledge): |
At the end of this module, students will be able to:
Knowledge
Demonstrate a theoretical and empirical understanding of the crises in modern and contemporary capitalism, the forces that cause them and the way in which those crises shift the geography of power from one region/hegemonic state to another.
Analyze critically specific case studies of regional integration and crises and explain their political impacts.
Thinking skills
Analyse critically linkages between economic crises and political crises/change.
Subject based practical skills
Demonstrate an understanding of the peculiarities of state and regional macroeconomic policies through a specific number of case studies in the 20th and 21st centuries.
Skills for life and work (general skills)
Present orally and in writing comprehensive arguments on issues related to globalization, European integration and the power-shift to Asia.
Present orally and in writing comprehensive arguments connecting monetary issues, public policy and political democracy.
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| Subject Contents: |
- Global sustainable ecosystems
- Financialization/Globalisation and European integration
- The monetary basis of authoritarianism in Europe
- The transformation of Transnational Corporations (TNCs)
- Comparing and contrasting 1929 and 2008
- Understanding the stagflation of the 1970s
- The debt crisis of the 1980s and the collapse of Communism
- The power-shift to Asian economies and the role of globalized firms (TNCs)
- The Eurozone crisis
- The question of ordoliberalism in European politics
- The Greek debt crisis
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| Teaching Methods and Learning Activities: |
The following method/strategies will be used as appropriate to the listed learning outcomes:
- Interactive lectures giving students the choice to ask questions "on the spot"
- Guest lecturer program to expose them in different views and use of videos to reach out to even broader understandings of the module themes
- Seminars aiming at generating individual creativity and leadership skills through teamwork and presentations while deepening on the themes tackled at the lectures
- Use of the virtual learning environment to complement seminars and lectures with additional reading and advice
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| Literature: |
Compulsory and recommended
Core
Vassilis K. Fouskas & Bulent Gokay. (2019). The Disintegration of Euro-Atlanticism and New Authoritarianism. Global Power-Shift. London: Palgrave
Recommended
Robert O’Brien and Marc Williams (2016). Global Political Economy. Evolution and Dynamics. New York: Palgrave
Vassilis K. Fouskas & Bulent Gokay (2012). The fall of the US empire. Global fault-lines and the shifting imperial order. London: Pluto press
Peter Dicken. (2015). Global-shift. London: Sage
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| Types of Assessment for the subject: |
Class participation (0-10 points); Essay or test (0-30 points); Final exam (0-50 points); Discussion contribution in class (0-10 points) |
| Special Remarks for the subject: |
- |
