Advanced Business English in International Trade

Course: International Economics

Structural unit: Faculty of Economics

Title
Advanced Business English in International Trade
Code
ВБ 3.1.6. (МТ)
Module type
Вибіркова дисципліна для ОП
Educational cycle
Second
Year of study when the component is delivered
2023/2024
Semester/trimester when the component is delivered
4 Semester
Number of ECTS credits allocated
5
Learning outcomes
PLO3. Communicate freely on professional and scientific issues in the state and a foreign language orally and in writing PLO8. Choose effective methods for managing economic activity, justify the proposed solutions based on relevant data, scientific and applied research PLO9. Make effective decisions under conditions of uncertainty and challenges that require the use of new approaches, methods, and tools of socio-economic research
Form of study
Prerequisites and co-requisites
1. Know the basic concepts, notions and modern theories of international trade; the main and alternative types of financial instruments and their characteristics. 2. Be able to apply the basic methods of analysis and forecasting of international market dynamics; to apply the basic methods of analysis to determine the feasibility of choosing a market for goods and services.
Course content
The curriculum consists of two content modules: Module 1 "Current issues of international trade" is devoted to current issues in the field of international trade, to the review of international business participants, main aspects of globalization of the business environment; Module 2 "International Trade Agreements" considers the features of international commercial transactions, principles of international commercial agreements, as well as introduces the features of the classification of international commercial contracts. The content of the discipline is revealed in the following topics: review of the current state of international trade; participants in international business, research of companies in the field of trade; globalization and variability of the business environment, multinational corporations as a basis for the development of globalization; globalization of small and medium enterprises; main aspects of internationalization of the organization; international commercial operation and stages of its implementation; unification of the rules of international trade agreements for the purchase and sale of goods, principles of international commercial agreements (UNIDROIT); multicriteria classification of international commercial contracts, preparation for concluding an international commercial contract, structure of international commercial contract; legal regulation of international trade agreements; international commercial contracts; settlement of international commercial disputes.
Recommended or required reading and other learning resources/tools
1. Elton, E. J., Gruber, M. J., Brown, S. J., & Goetzmann, W. N. (2014). Modern trade analysis. 9th Edition. John Wiley & Sons. – 752p. 2. Bodie, Z., Kane, A., & Marcus, A. J. (2014). Trade. 10th Edition, McGraw-Hill Irwin. – 1080с. 3. Trade Program, https://www.cfainstitute.org/programs/tradefoundations/Pages/index.aspx 4. UNCTAD (2020). World trade report. – Доступ до електронного ресурсу: http://unctad.org/en/PublicationsLibrary/wir2020_en.pdf
Planned learning activities and teaching methods
Oral questioning, debates, project presentation
Assessment methods and criteria
1. Accomplishment of semester projects, their public presentation and defense: Project 1 (RS1; 2.1; 3.2) – 20 points / 12 points; Project 2 (RS1; 2.1; 3.2) – 20 points / 12 points; Project 3 (RS1; 2.1; 3.2) – 20 points / 12 points 2. Development of final project, its public presentation and defense: (RS1; 2.1; 3.2) – 20 points / 12 points 3. Oral questioning: (RS1; 2.1; 3.2) – 20 points / 12 points - final project Final control is carried out in the form of final project, that is evaluated with a maximum of 20 points, its defense takes place in one of the final tutorials in the discipline. The final grade is set based on the results of work during the semester as the sum of points obtained during academic semester, including points obtained for self-study work, semester projects and final project.
Language of instruction
English

Lecturers

This discipline is taught by the following teachers

Yana Olehivna Diachkova
Department of Foreign Languages
Faculty of Economics

Departments

The following departments are involved in teaching the above discipline

Department of Foreign Languages
Faculty of Economics