Infopaket

Globalization, Business and Development

ОК 24

Обов’язкова дисципліна для ОП

First

2023/2024

8 Semester

5

PLO 7. To explain the models of socioeconomic phenomena from the point of view of fundamental principles and knowledge on the basis of understanding the basic directions of the development of economics. PLO 9. To realize the main features of the modern world and national economy, the institutional structure, directions of social, economic and foreign economic policy of the state. PLO 17. To perform multidisciplinary analysis of socio-economic phenomena and problems in one or more professional fields, taking into account risks and possible socio-economic consequences

Full-time form

1. To know: the content of the main economic categories, business management tools, modern theories of globalization and development. 2. Have skills in: problem solving to effective business development, analysis, synthesis, public speaking, processing and visualization of statistical data.

This course provides an overview of past and current trends of globalization with emphasis on its main drivers, which can be considered as old and new sources of global dynamism, turbulence and change. It brings the perspective of the rising developing powers and it discusses the various consequences of globalization. It also discusses the set of policies that are required in different areas, such as international trade or finance, to manage and integrate business in the global economy and achieve a more positive outcome from globalization. On this course you will examine theory and evidence relating to the effects of business activity on development. By the end of the course, you will be able to critically assess the influence of business on poverty, global supply chains, gender inequality, labour standards, climate change, food and water security and other development concerns. You will discuss the origins of and motivations for firm behaviour from a development perspective, drawing on economic theories of the firm and organization theory. You then evaluate a range of frameworks and business models that are oriented toward development, including corporate social responsibility, bottom of the pyramid, microfinance and social entrepreneurship. The course pays particular attention to the role of multinational corporations and the important role of large domestic enterprises in developing countries.

1. Allan, Bentley B.; Meckling, Jonas O. (2021). "Creative Learning and Policy Ideas: The Global Rise of Green Growth". Perspectives on Politics: 1–19. 2. Andrews, D, P Gal and W Witheridge (2018), “A genie in a bottle: Inflation, globalisation, and competition”, VoxEU.org, 11 May. 3. Angeloni, I and D Gros (2021), “The ECB’s new monetary policy strategy: Unresolved issues rather than clarification”, VoxEU.org, 16 July. 4. Attinasi, M G and M Balatti (2021), “Globalisation and its implications for inflation in advanced economies”, Economic Bulletin 4, European Central Bank. 5. Bai, L and S Stumpner (2019), “Estimating US Consumer Gains from Chinese Imports”, American Economic Review: Insights 1(2): 209-224. 6. Baldwin, R (2019), The Great Convergence: Information Technology and the New Globalization, Cambridge, MA: The Belknap Press of Harvard University Press, 2nd edition.

Lecture, seminar, individual student’s self-study, analysis of economic publications, exam

1. Class participation and attendance, discussion (RL 1; 2.1; 3) – 10 points / 6 points; 2. Practical tasks and case study (RL 1; 2.1-2.3; 3;4) – 10 points / 6 points; 3. Modular test (10 points maximum for each modular test) (RL 1; 2.1.-2.3;3; 4) – 20 points / 12 points; 4. Individual task (RL 1; 2.1.-2.3;3; 4) – 20 points / 12 points. The final test is carried out in the form of an exam A student is not allowed to take the exam if he / she received less than 36 points during the semester. If the student's grade on the exam is lower than the minimum threshold level (24 points), the points for the exam are not added to the semester grade (considered equal to zero), and the final grade in the discipline is unsatisfactory

English