SYLLABUS FOR INTERNATIONAL ECONOMICS

 

 

Term: Spring 2003-3             

Course Number:   ECN 480        

Instructor: Mr. George Grzesiowski

Office:  Room #  516

Office Phone:  (219) 473-4283

E-mail:  ggrzesiowski@ccsj.edu

Home Phone: (219) 362-1696    grzz@csinet.net

 

Office Hours:  To be announced

 

Course Time:   Directed Study, to be arranged

 

Course Description:

The content of this course, an integrated treatment of theory, policy, and enterprise in international trade and investment, will provide the student with an understanding of the economic dynamics and policy issues of trade and investment flows among nations.

 

Prerequisites:

ECO 210-211, MTH 160 (or equivalent), or consent of program director.

 

Open Door Policy

Since your learning is my primary concern, it is imperative that anything preventing you from learning be discussed.  Please feel free to make an appointment with me or call me so that I can help you keep on track.

 

 

Textbooks:     International Business, Ball & McCulloch, ninth edition, Irwin 2004.

 

 

Statement of Plagiarism:

If an instructor or other Calumet College of St. Joseph personnel find that a student has plagiarized or been involved in another form of academic dishonesty, the instructor or other personnel may elect to bring the matter up for judicial review. The maximum penalty for any form of academic dishonesty is dismissal from the College. The procedures for judicial review are listed under the section of CCSJ handbook that addresses student grievances.

 

Calumet College of St. Joseph adheres to citation guidelines as written in the Publication Manual of the American Psychological Association, Fourth Edition. A copy is available from the Calumet College of St. Joseph bookstore. This text outlines how to cite references from a variety of sources, including electronic media.

 

Withdrawal from Classes Policy:

After the last day for class changes has passed (see College calendar), students may withdraw from a course in which they are registered with permission from the faculty member conducting the course. A written request detailing the reason(s) for the withdrawal must be filed with the Registrar. Written request for withdrawal must be received by the Registrar by the last day of classes prior to the final examination dates specified in the catalogue. Written requests may be mailed to the Registrar or faxed to the College fax number 219-473-4259. Students are to make note of the refund schedule when withdrawing from courses. The request is forwarded to the faculty member, who makes the final determination to accept or deny the request. If the request is honored, the student will receive notification of official withdrawal; if denied, the notification will indicate why the withdrawal is disallowed. Note: Degree Completion Division (DCD) students should consult the DCD Student Handbook for information on DCD withdrawals.

 

An official withdrawal is recorded as a "W" grade on the student's transcript. Dropping a

course without written permission automatically incurs an "F" grade for the course (see

Refund Schedule).

 

 

Class Policy on Attendance:

Directed Study

 

Class Policy For Assignments:

Assignments must be turned in on schedule.  Answers to chapter questions must be typed.

Assigned cases are to be typed and must address the questions which follow each case.

 

 

Student Responsibilities:

It is expected that students will be present on test days.  If unavoidable circumstances prevent attendance the test can be made up at the instructor’s discretion.  A 10% late penalty will be assessed for all unexcused absences.  It is the student’s responsibility to contact the instructor and make arrangements to make up the exam.

 

All students, no matter what their educational background, life/work experience, have something to offer that will enrich our class.  As instructors we not only encourage participation, but rely on it.  As students, you should demand it, not only of yourselves, but also of your classmates.  Our class is only as good as we make it.

 

Classroom behavior – The student is expected to treat the instructor and his/her fellow students with respect and courtesy at all times.  This means giving your full attention – no private conversations, no catching up on homework assignments, no naps.

 

Course Objectives:

Upon completion of this program, it is expected that students will:

 

 

1.       Demonstrate mastery of the theories, principles and practices of management and the ability to apply qualitative and quantitative tools for effective decision-making.

2.       Be able to engage the methods of inquiry and analysis of the liberal arts and sciences in relationships to the specific situations and problems of management in order to becomes a reflective practitioner.

3.       Have developed a general understanding and appreciation of the role of business and management in the local, national and world economies.

4.       Demonstrate the capability to critically and reflectively engage ethical issues in management, particularly questions of social responsibility and professional decision-making.

 

 

 

Assessment:

Research Project                                                                       30% of grade

Mini-Cases                                                                               40% of grade

Chapter Questions                                                                     30% of grade

                                                                                                100%

 

Grading Scale:

A: 93-100   A-: 90-92   B+: 88-89     B: 82-87         B-:  80-81       C+: 78-79

C: 72-77     C-:  70-71  D+:  68-69    D: 62-67         D-:  60-61       F:  59 & below

 

International Business Project

 

Objective:         To create a business opportunity for an American consumer product in a foreign                            country.

 

Project Outline:

1.       Size of market (demographics, socioeconomic state, urban/rural).

2.       Socio-cultural acceptance or product-adaptation necessary?

3.       Legal/bureaucratic environment. (imports, local manufacture, taxation)

4.       Competition in market.

5.       Economic and political climate for foreign business.

6.       Methods for marketing and distribution.

7.       Managerial and labor climate.

8.       Financial viability (profit margin, currency translation, profit repatriation).

 

This report will essentially cover all topics in the outline plus an introduction (country and product) and recommendations.  The report will be typewritten, about 20 pages (double spaced) and will have an appendix that contains exhibits.  Examples are maps of the country, tables and charts.

 

 

 

 

 

 

Class Date                                          Topic-Assignment

Week/Monday

 

1          1/12                                             Chapter 1 Rapid Change

Min-Case 1.1

 

 

2          1/19                                              Chapter 2  Trading and Investing

Mini-Case 2.1

 

3          1/26

Chapter 3  Economic Theories

Mini-Case 3.1

 

 

 

 

4          2/2                                            Chapter 4  Dynamics of International Economics

                                                            Mini-Case 4.1

 

 

5          2/9                                            Chapter 5  Monetary System

                                                            Mini-Case 5.1

 

6          2/16                                          Chapter 6  Financial Forces

                                                            Mini-Case 6.1

 

7          2/23                                          Chapter 7  Economic & Socioeconomic Forces

                                                            Mini-Case 7.1

                                                            Chapter 8  Physical & Environmental Forces

Mini-Case 8.1

 

 

8          3/1                                            Chapter 9 Socio-cultural Forces

                                                            Mini-Case 9.1

                                                            Chapter 10 Political Forces

Mini-Case 10.1

 

9          3/8                                            Chapter 11 Legal Forces

                                                            Min-Case 11.1

 

10         3/15                                          Chapter 12 Labor Forces

                                                            Mini-Case 12.2

                                                            Chapter 13 Competitive Forces

                        Mini-Case 13.1 (just read)

 

11         3/22                                          Chapter 14 International Strategy

                                                            Mini-Case 14.2

 

12         3/29                                          Chapter 15  Markets

                                                            Mini-Case 15.1

                                                            Chapter 16  Marketing

                                                            Mini-Case 16.2

 

13         4/5                                            Chapter 17 Import/Export Practices

                                                            Mini-Case 17.2

 

14         4/12                                          Chapter 18 Human Resources Management

                                                            Mini-Case 18.1

                                                            Chapter 19 Financial Management

                                                            Mini-Case 19.1

 

15         4/19                                          Project Due