Course: International economic environment

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Course title International economic environment
Course code MUE/5GEBE
Organizational form of instruction Lecture
Level of course Bachelor
Year of study not specified
Semester Winter
Number of ECTS credits 3
Language of instruction English
Status of course unspecified
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Mikeska Martin, Ing. Ph.D.
  • Novák Petr, doc. Ing. Ph.D.
Course content
Process of Globalization and Key Institutions of the Global Economy 1. Globalization of the Global Economy, International Trade, and the Role of the WTO 2. International Monetary System and International Capital Movements 3. International Migration and the International Labor Market Formation of Global Economic Centers 4. Economic Development in the USA 5. Economic Development in Japan 6. Regional Integration Groupings and Zones: NAFTA, MERCOSUR, and ASEAN Formation of the European Economic Center 7. Economic Development in Europe 8. Formation of the European Economic and Monetary Union 9. Regional Integration Groupings: the EU, the EMU, and EFTA Formation of New Economic Centers of the 21st Century 10. Economic Development in China 11. Global Bloc of Emerging Economies BRICS and the RCEP Zone 12. Global Economic Powers and Prospects of the Global Economy

Learning activities and teaching methods
Lecturing, Teamwork, E-learning
  • Preparation for course credit - 19 hours per semester
  • Participation in classes - 26 hours per semester
  • Home preparation for classes - 10 hours per semester
  • Term paper - 20 hours per semester
prerequisite
Knowledge
The course builds on the Macroeconomics I and Microeconomics I.
The course builds on the Macroeconomics I and Microeconomics I.
learning outcomes
explain the principles of the global economy
explain the principles of the global economy
describe the process of globalization of the world economy
describe the process of globalization of the world economy
characterize the role of international trade and the monetary system
characterize the role of international trade and the monetary system
describe the formation of major global economic centers
describe the formation of major global economic centers
explain the significance of regional integration groupings and global blocs
explain the significance of regional integration groupings and global blocs
Skills
analyze the impacts of globalization on the global economy
analyze the impacts of globalization on the global economy
interpret relationships between trade, capital, and migration
interpret relationships between trade, capital, and migration
compare the economic development of global economic centers
compare the economic development of global economic centers
evaluate the significance of regional economic integration
evaluate the significance of regional economic integration
apply basic macroeconomic indicators in a global context
apply basic macroeconomic indicators in a global context
teaching methods
Knowledge
Lecturing
Lecturing
Dialogic (Discussion, conversation, brainstorming)
Dialogic (Discussion, conversation, brainstorming)
E-learning
E-learning
assessment methods
Grade (Using a grade system)
Grade (Using a grade system)
Composite examination (Written part + oral part)
Composite examination (Written part + oral part)
Recommended literature
  • BALDWIN, R. E., WYPLOSZ, Ch. Ekonomie evropské integrace. 4. vyd.. Praha: Grada, 2013. ISBN 978-80-247-4568-8.
  • CIHELKOVÁ, E. Aktuální otázky světové ekonomiky: proměny a governance. Praha: Professional Publishing, 2012. ISBN 978-80-7431-104-8.
  • DANIELS, J. D., RADEBAUGH, L. H., SULLIVAN, D. P. International business: environments & operations. Sixteenth Edition. New York, NY: Pearson, 2017. ISBN 978-0134200057.
  • GASPAR, J. E. Introduction to global business: understanding the international environment and global business functions. Second edition. Boston, MA: Cengage Learning, 2017. ISBN 978-1305501188.
  • HAMILTON, L., WEBSTER, P. The international business environment. Third edition. Oxford, UK: Oxford University Press, 2015. ISBN 9780198704195.
  • KUNEŠOVÁ, H. Světová ekonomika: nové jevy a perspektivy. 3., přeprac. a dopl. vyd.. Praha: C.H. Beck., 2014. ISBN 978-80-7400-502-2.
  • SLANÝ, A. Ekonomické prostředí a konkurenceschopnost. Brno: Masarykova univerzita, 2009. ISBN 978-80-210-5056-3.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester