International Business

Code:

2M3E23

Acronym:

IB

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2023/2024 - 2S

Active?	Yes
Course/CS Responsible:	Master in Economics of Business and Strategy

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
ME	9	Official Syllabus after 2021-2022	1	-	3	21	81
MEEE	37	Syllabus	1	-	3	21	81

Teaching language

English

Objectives

• Know key trends/patterns related to multinational enterprises (MNEs) and internationalization


• Master concepts and theories related to MNEs and internationalization


• Understand motivations for internationalization


• Identify strategic choices related to internationalization


• Understand the modern MNE and its impact


• Understand the regulatory framework underpinning FDI and respective institutions and policies.

Learning outcomes and competences

Learning outcomes:
The student should be able to:
- Identify the main concepts and main theories related to internationalization.
- Distinguish and evaluate internationalization strategies, identifying advantages and disadvantages;
- Analyze critically real internationalization cases;
- Identify the impacts arising from INternationalization and from MNEs' activities.

Competencies related to:
- Research in the field of International BUsiness
- Discussion of internationalization strategies
- Teamwork and consensus-building
- Consultancy in the area of internationalization.

Working method

Presencial

Pre-requirements (prior knowledge) and co-requirements (common knowledge)

Not applicable

Program

I. International Business: background concepts, trends and patterns.
II. Theories related to foreign direct investment (FDI) and to the activities of multinational enterprises (MNEs). Motivations and drivers for FDI and for international production.
III. Modes of entry and modes of establishment in foreign markets. Main strategic choices available (exports, contractual forms, and FDI): pros and cons, trade-offs and implications.
IV. The internationalization process. The Uppsala Model versus other approaches (Born Globals; Networks).

Mandatory literature

Peter Jennings Buckley; International business. ISBN: 1-85521-974-3 (Most recent edition: 2022)

Comments from the literature

The recommended bibliography will be complemented with selected articles and papers.

Teaching methods and learning activities

. Presentation and sharing of concepts and frameworks
. Presentation and discussion of real cases

keywords

Social sciences > Economics > International economics
Social sciences > Economics > Marketing > International marketing

Evaluation Type

Distributed evaluation without final exam

Assessment Components

Designation	Weight (%)
Trabalho escrito	30,00
Teste	70,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Estudo autónomo	65,00
Frequência das aulas	15,00
Trabalho escrito	21,00
Total:	101,00

Eligibility for exams

Distributed evaluation without final exam

Students must attend at least 75% of the classes.

Calculation formula of final grade

Evaluation has 2 components, with the following weights:

(i) Test (including all the course topics), representing 70% of the final marks (minimum marks: 8 on 20)

(ii) Written group work (groups to be defined according to the size of the class): 30%

Examinations or Special Assignments

Not applicable

Internship work/project

Not applicable

Special assessment (TE, DA, ...)

Students who are exempt from classes attendance, according to article 11, number 3, of the RAC, will be required to prepare an extra piece of work, consisting of a two-page report, evaluating a research article provided by the lecturer.

Classification improvement

Only the Test component is subject to improvement in the Second Evaluation Period.

Observations

Students cannot pass this course based only on the final examination. All components of the evaluation process (including a written work) must be fulfilled.