Module Identifier ECM4210  
Module Title INTERNTIONAL BUSINESS: OPPORTUNITIES AND RISKS  
Academic Year 2003/2004  
Co-ordinator Mr Nicholas Perdikis  
Semester Semester 2  
Pre-Requisite ECM4110  
Course delivery Lecture   16 Hours  
  Seminars / Tutorials   6 Hours  
Assessment
Assessment TypeAssessment Length/DetailsProportion
Semester Exam2 Hours  70%
Semester Assessment  30%

Brief description

The intention of this module is to equip students with a thorough understanding of the main opportunities and problems that face firms when making their decisions to operate internationally. Specific issues covered include the mode of internationalisation, payment and exchange rate risks, risk assessment, arbitration procedures.

Aims

The module will concentrate on the potential opportunities available to firms and the risks involved in undertaking international transactions. The module will examine the modes of a firm's involvement, i.e., exporting, multinationality and its nature, i.e., will via trading houses. It will also examine in detail methods and institutions that can be employed to minimise risk.

Objectives

On completion of this module students should be able to have and understand a specific body of knowledge; be able to analyse and think critically; interpret statistics; present material both orally and in written form; manage their time; carry out independent tasks; work in groups.

Module outline

The current year's module outline can be found via The School's website

Reading Lists

Books
C Hills (2000) International Business: Competing in the Global Market Place Irwin
W A Kerr and N Perdikis (1995) The Economics of International Business Chapman and Hall
B Daws (ed) (1995) Internatiotnal Business: A European Perspective Stanley Thomas
P Lawrence (1995) Issues in European Business

Notes

This module is at CQFW Level 7