Foundations of International Business

Unit Code:HBI110N

Credit Points	Duration	Contact Hours	Campus	Prerequisite	Corequisite
12.5 Credit Points	One Teaching period	36 Hours	Hawthorn, Sarawak	Nil	Nil

Credit Points

Duration

Contact Hours

Campus

Prerequisite

Corequisite

12.5 Credit Points

One Teaching period

36 Hours

Hawthorn, Sarawak

Nil

Related Course/s:

A unit of study in the Bachelor of Commerce suite of programs.

Aims & Objectives:

At the completion of this unit, students will be able to:

Learn about the fundamentals of international business and the global economy
Acquire an appreciation of the different dimensions of the global economy.
Recall the drivers of global business
Analyse the main economic and business organisations which facilitate global business
Evaluate the different dimensions of global business
Explain the different kinds of regional trade groups and organisations which facilitate trade

Teaching Methods:

Lecture/seminars (2 hours), Tutorials(1 hour)

Lecture/seminars will be used to introduce the topics and resources, demonstrate concepts, and provide a forum for demonstration, discussion and questions.

Tutorials will provide opportunities for students to experience the subject, discuss, question and debate the issues raised in the lecture/seminar.

Assessment:

Group Assignment/class presentation (20%)
Test (20%)

Class Participation (10%)

Examination (50%)

Generic Skills Outcomes:

The graduate attributes which relate to this unit help to produce graduates who are:

Capable in their chosen professional, vocational or study areas
Entrepreneurial in contributing to innovation and development within their business, workplace or community
Effective and ethical in work and community situations
Adaptable and able to manage change
Aware of local and international environments in which they will be contributing (eg socio-cultural, economic, natural)

Content:

What is global trade and how does it work
What are the main theoretical supposition of world trade and why countries trade
What are the global drivers and facilitators for world trade
What are the different political and legal systems and how they promote world trade
The rise of regional, bilateral and multilateral trade arrangements
The role of the monetary and financial world markets
The role of global investment in world business
Practical and technical aspects of international business

Reading Materials:

Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.