Changes, Challenges and Intercultural Sensitivities in International Economic and Business Relations
Objective
By the end of the course the students will have a better understanding of new trends in global Economics and Businesses and the corresponding internal and external dynamics of change in the socio-economic, financial, entrepreneurial and technological environments in a global, regional and intercultural context and be able to evaluate the global challenges and dynamics of change in these fields.
Target group
- Undergraduate, graduate students and young professionals from all over the world with interest and basic experience in globally changing economic, market and business environments
- Students with an interest to learn about the transformation of economies, companies and institutions and how to successfully drive change processes forward.
Contents
New aspects in International Trade, Investment and Business Relations
· Forms of Capitalism and their influence on Economic Policy and Business
· Multilateralism versus Bilateralism in the World Economy
· Monetary and Currency Policies in an international comparison
· Competition, Competitive Strategies and gaining Competitive Advantages
· Internationalization strategies of international and multinational companies in the global market place
· Stock Exchange developments in EU, USA, Japan and China
· Asset Markets, Money, Prices and Capital Formation
· Essential Elements of Change and Communication of Change
· The Learning Organization & Appreciative Inquiry
· Understanding and Steering of Change Processes
· Chaos Theory & Complex-Adaptive Systems
· Intercultural Sensitivity and Teambuilding
· Cultural Challenges and Change in cross border Activities and Management
Learning Methods
Lectures and group discussions
Case studies, project work in teams based on the method of problem based learning
Company visits
Credit points: 5 ECTS (for a total student workload of 150 hours) + certificate
