Overview

This unit aims to provide students with a broad overview of theories relating to international business operations in the global economy. The unit enables an understanding and appreciation of international business, economic and trade dynamics that impact upon Australian business. Consideration is given to the effect of the shifting global business context, particularly the emergence and consequences of regionalism to international business operations.

Requisites

Teaching periods
Location
Start and end dates
Last self-enrolment date
Census date
Last withdraw without fail date
Results released date

Learning outcomes

Students who successfully complete this unit will be able to:

  • Outline the fundamental concepts of international business operations
  • Identify how different global and regional trade groups and institutions facilitate controls for the conduct of international business
  • Analyse the challenges and opportunities encountered by global firms when competing in the global economy
  • Discuss in groups the common issue affecting international firms with a view to generating innovative and culturally sensitive solutions

Teaching methods

Hawthorn

Type Hours per week Number of weeks Total (number of hours)
On-campus
Class		2.00 12 weeks 24
Online
Lecture		1.00 12 weeks 12
Unspecified Activities
Independent Learning		9.50 12 weeks 114
TOTAL150

Assessment

Type Task Weighting ULO's
Applied ProjectIndividual 40 - 60% 1,2,3 
Assignment 1Individual 20 - 30% 1,2,3 
Assignment 2Group 20 - 30% 3,4 

Content

  • International trade theory
  • Free trade and protectionism
  • International business culture
  • International political and business systems
  • International trade institutions
  • International foreign investment
  • Composition and direction of Australia's trade
  • Effects and implications of globalisation for Australian business and society
  • Determinants of a nation's international competitiveness and the importance of regional trade blocs

Study resources

Reading materials

A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.