This course focuses on the core concepts and techniques for entering the international marketplace. Emphasis is on the effect of sociocultural, demographic, economic, technological, and political-legal factors in the foreign trade environment. The course illustrates the unique nature of international business including the patterns of world trade, currency exchange, and international finance, globalization of the firm, international marketing, and operating procedures of the multinational enterprise. It demonstrates how international business variables affect the trade process. It highlights the realities of international business; some of its advantages and its problems that come when business is conducted on the international stage. Finally, the course studies the world trading system, including the World Trade Organization (WTO) and international trade agreements.

This subject focuses on bodies and organizations in charge with international conflict resolution as well the modes in resolving international conflict.

Managerial economics is a fundamental part of any business or management course. It is the application of economic methods in the managerial decision-making process. This course uses theories and existing business practices to explain the processes, issues, risks and benefits of guided decision making. As presented in detail in the Course Outline, it covers the a) theory of the firm; b) demand theory and estimation; c) production and cost theory and estimation; d) market structure and pricing; e) game theory;

f) investment analysis and government policy (Wilkinson, 2005). It uses case studies (of international concern) to further expose students in analyzing and understanding the technical and practical concepts presented in the lectures.

The lecture presentations focus more on the theories and practical concepts while simplifying the quantitative approach to analysis. It uses case studies of companies (with international coverage/market) as examples and basis for further study. Problem solving exercises are also used.

Managerial economics is a fundamental part of any business or management course. It is the application of economic methods in the managerial decision-making process. This course uses theories and existing business practices to explain the processes, issues, risks and benefits of guided decision making. As presented in detail in the Course Outline, it covers the a) theory of the firm; b) demand theory and estimation; c) production and cost theory and estimation; d) market structure and pricing; e) game theory;

f) investment analysis and government policy (Wilkinson, 2005). It uses case studies (of international concern) to further expose students in analyzing and understanding the technical and practical concepts presented in the lectures.

The lecture presentations focus more on the theories and practical concepts while simplifying the quantitative approach to analysis. It uses case studies of companies (with international coverage/market) as examples and basis for further study. Problem solving exercises are also used.