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Doug E Thomas, Ph.D.
We live in a world of intensifying global relationships, one in which international business has become the key determinant of economic development and prosperity. This course, Global Business Environment, Part I, introduces students to a fundamental understanding of the socioeconomic political, cultural, and linguistic environment in which international businesses operate. This course utilizes an inquiry-based approach to understanding country level relationships in the Global Business Environment. It surveys the global business environment by asking and answering key questions about society, the global economy, cultures, institutions and languages. The questions we will ask are: 1. What is Globalization?, 2. Is Globalization New?, 3. How do Political and Social Institutions impact National Economic Development?, 4. What is the role of Culture?, 5. What are the Gains from Trade?6. Free Trade, Free-r Trade or Managed Trade?, 7. What are Foreign Currencies and how are Exchange Rates Determined?, 8. What does the Current Global Business Environment look like? This inquiry-based approach creates reflective opportunities for students to better understand the environment in which businesses operate. Lectures are delivered in an engaging manner, which encourages reflection and inquiry.
Register for this course and see more details by visiting:
OpenCourser.com/course/najpwu/international
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What's inside
Syllabus
Week 1
What is Globalization?
Week 2
Is Globalization New?
Read more
Syllabus
Week 1
What is Globalization?
Week 2
Is Globalization New?
Read more
Week 3
How do Political and Social Institutions impact National Economic Development?
Week 4
What is the role of Culture?
Week 5
What are the Gains from Trade?
Week 6
Free Trade, Free-r Trade or Managed Trade?
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Taught by Doug E. Thomas, Ph.D., an experienced instructor in international business
Develops a fundamental understanding of the socioeconomic, political, cultural, and linguistic environment in which international businesses operate
Utilizes an inquiry-based approach to understanding country level relationships in the Global Business Environment
Explores core concepts such as globalization, the role of culture, and the gains from trade
Examines the current Global Business Environment and its impact on businesses
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Reviews summary
Highly praised business course
Learners say that International Business I is an exceptional course that provides many benefits. They praise its ease of use and ability to improve their skills. Students are very grateful for the contributions of everyone involved in the course's success.
Students find the course to be an easy and effective way to learn.
"I can't believe that, it's marvelous and very benefit site, easy to learn and improve your abilities."
"Lots of thanks for every one share in this site and it's success."
Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in International Business I with these
activities:
Review basic economic principles
Show steps
Strengthen your understanding of core economic concepts, such as supply and demand, market equilibrium, and GDP, to enhance your comprehension of the global business environment.
Browse courses on
Microeconomics
Show steps
-
Review lecture notes or textbooks on basic economic principles
-
Solve practice problems to test your understanding
-
Join study groups or online forums to discuss economic concepts
Explore online tutorials on global economic institutions
Show steps
Expand your knowledge of key global economic institutions by following guided tutorials that provide insights into their roles and functions in the international business landscape.
Browse courses on
World Bank
Show steps
-
Search for reputable online tutorials on global economic institutions
-
Follow the tutorials, taking notes on important concepts
-
Explore additional resources recommended by the tutorials
Read: International Economics: Theory and Policy
Show steps
Review key concepts of international economics to enhance your understanding of the course material.
View
International Finance: Theory and Policy,...
on Amazon
Show steps
-
Read the book thoroughly, taking notes on important concepts
-
Summarize the key theories and models presented in the book
-
Identify real-world examples that illustrate these theories and models
Five other activities
Expand to see all activities and additional details
Show all eight activities
Engage in peer discussion forums on course topics
Show steps
Participate in online discussion forums to exchange ideas with peers, ask questions, and broaden your understanding of course-related topics.
Show steps
-
Join online discussion forums related to the course
-
Read through existing discussions and post your own questions or comments
-
Engage with other students, providing feedback and seeking clarification
Create a presentation on a specific country's economic environment
Show steps
Conduct in-depth research and present a detailed overview of the economic environment of a country of your choice, enhancing your understanding of the global business landscape.
Show steps
-
Select a country to focus on
-
Research the country's economic indicators, policies, and trade patterns
-
Create a presentation that includes data visualization and analysis
Practice solving problems related to exchange rates and international trade
Show steps
Engage in regular practice to enhance your problem-solving skills in calculating exchange rates and understanding the impact of international trade on various economic indicators.
Browse courses on
Exchange Rates
Show steps
-
Identify sample problems and practice solving them
-
Check your solutions against provided answer keys
-
Seek clarification on any challenging concepts
Participate in case competitions related to international business
Show steps
Challenge yourself by participating in case competitions that simulate real-world international business scenarios, enhancing your decision-making and problem-solving skills.
Browse courses on
International Business
Show steps
-
Identify and register for relevant case competitions
-
Form a team and conduct thorough research
-
Develop and present your case solution
Contribute to open-source projects related to international trade
Show steps
Gain practical experience in international trade by contributing to open-source projects that focus on trade data analysis, customs regulations, or other relevant topics.
Browse courses on
Open Source
Show steps
-
Identify relevant open-source projects on platforms like GitHub
-
Familiarize yourself with the project's codebase and documentation
-
Make code contributions or provide feedback to the project community
Review basic economic principles
Show steps
Strengthen your understanding of core economic concepts, such as supply and demand, market equilibrium, and GDP, to enhance your comprehension of the global business environment.
Browse courses on
Microeconomics
Show steps
Show steps
Show steps
- Review lecture notes or textbooks on basic economic principles
- Solve practice problems to test your understanding
- Join study groups or online forums to discuss economic concepts
Explore online tutorials on global economic institutions
Show steps
Expand your knowledge of key global economic institutions by following guided tutorials that provide insights into their roles and functions in the international business landscape.
Browse courses on
World Bank
Show steps
Show steps
Show steps
- Search for reputable online tutorials on global economic institutions
- Follow the tutorials, taking notes on important concepts
- Explore additional resources recommended by the tutorials
Read: International Economics: Theory and Policy
Show steps
Review key concepts of international economics to enhance your understanding of the course material.
View
International Finance: Theory and Policy,...
on Amazon
Show steps
Show steps
Show steps
- Read the book thoroughly, taking notes on important concepts
- Summarize the key theories and models presented in the book
- Identify real-world examples that illustrate these theories and models
Five other activities
Expand to see all activities and additional details
Show all eight activities
Engage in peer discussion forums on course topics
Show steps
Participate in online discussion forums to exchange ideas with peers, ask questions, and broaden your understanding of course-related topics.
Show steps
Show steps
Show steps
- Join online discussion forums related to the course
- Read through existing discussions and post your own questions or comments
- Engage with other students, providing feedback and seeking clarification
Create a presentation on a specific country's economic environment
Show steps
Conduct in-depth research and present a detailed overview of the economic environment of a country of your choice, enhancing your understanding of the global business landscape.
Show steps
Show steps
Show steps
- Select a country to focus on
- Research the country's economic indicators, policies, and trade patterns
- Create a presentation that includes data visualization and analysis
Practice solving problems related to exchange rates and international trade
Show steps
Engage in regular practice to enhance your problem-solving skills in calculating exchange rates and understanding the impact of international trade on various economic indicators.
Browse courses on
Exchange Rates
Show steps
Show steps
Show steps
- Identify sample problems and practice solving them
- Check your solutions against provided answer keys
- Seek clarification on any challenging concepts
Participate in case competitions related to international business
Show steps
Challenge yourself by participating in case competitions that simulate real-world international business scenarios, enhancing your decision-making and problem-solving skills.
Browse courses on
International Business
Show steps
Show steps
Show steps
- Identify and register for relevant case competitions
- Form a team and conduct thorough research
- Develop and present your case solution
Contribute to open-source projects related to international trade
Show steps
Gain practical experience in international trade by contributing to open-source projects that focus on trade data analysis, customs regulations, or other relevant topics.
Browse courses on
Open Source
Show steps
Show steps
Show steps
- Identify relevant open-source projects on platforms like GitHub
- Familiarize yourself with the project's codebase and documentation
- Make code contributions or provide feedback to the project community
Career center
Learners who complete International Business I will develop knowledge and skills
that may be useful to these careers:
International Economist
International Economist
As an International Economist, you will study the global economy and provide advice to businesses and governments on international economic issues. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge is essential for success in this role. This course can provide you with the knowledge and skills you need to succeed in the global marketplace.
International Project Manager
International Project Manager
As an International Project Manager, you will be responsible for managing projects in international markets. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge is essential for success in this role. This course can provide you with the knowledge and skills you need to succeed in the global marketplace.
International Business Lawyer
International Business Lawyer
As an International Business Lawyer, you will provide legal advice to businesses on international business transactions. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge is essential for success in this role. This course can provide you with the knowledge and skills you need to succeed in the global marketplace.
Foreign Service Officer
Foreign Service Officer
As a Foreign Service Officer, you will represent the United States abroad and promote American interests. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge is essential for success in this role. This course can provide you with the knowledge and skills you need to represent the United States effectively abroad.
Global Business Developer
Global Business Developer
As a Global Business Developer, you will be responsible for developing and implementing strategies for growing a company's international business. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge is essential for success in this role. This course can provide you with the knowledge and skills you need to succeed in the global marketplace.
International Marketing Manager
International Marketing Manager
As an International Marketing Manager, you will be responsible for developing and implementing marketing campaigns for a company's international products or services. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge is essential for success in this role. This course can provide you with the knowledge and skills you need to succeed in the global marketplace.
Global Supply Chain Manager
Global Supply Chain Manager
As a Global Supply Chain Manager, you will be responsible for managing a company's supply chain operations in international markets. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge is essential for success in this role. This course can provide you with the knowledge and skills you need to succeed in the global marketplace.
International Relations Specialist
International Relations Specialist
As an International Relations Specialist, you will analyze and advise on international relations issues. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge is essential for success in this role. This course can provide you with the knowledge and skills you need to succeed in the global marketplace.
International Business Consultant
International Business Consultant
As an International Business Consultant, you will assist companies in developing and implementing strategies for doing business globally. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge is essential for success in this role. This course can provide you with the knowledge and skills you need to help your clients succeed in the global marketplace.
International Public Relations Manager
International Public Relations Manager
As an International Public Relations Manager, you will be responsible for managing a company's public relations activities in international markets. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge is essential for success in this role. This course can provide you with the knowledge and skills you need to succeed in the global marketplace.
International Trade Specialist
International Trade Specialist
As an International Trade Specialist, you will help businesses navigate the complex world of international trade. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge may be particularly relevant if you work with or for an organization involved in international trade. This course can assist you in understanding the regulations, tariffs, and other factors that affect the import and export of goods and services.
Market Research Analyst
Market Research Analyst
As a Market Research Analyst, you will conduct research to help businesses identify and understand their target market. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge can be particularly useful if you work for a company that does business internationally. This course may assist you in understanding the cultural and economic factors that influence consumer behavior in different parts of the world.
Management Analyst
Management Analyst
As a Management Analyst, you will advise managers and organizations on how to operate more efficiently and effectively. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge may be particularly relevant if you work with or for an international organization. This course may assist you in understanding the challenges and opportunities of doing business in different parts of the world. It can also help you build a foundation in global economics and international relations.
Investment Banker
Investment Banker
As an Investment Banker, you will help companies raise capital and advise them on mergers and acquisitions. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge may be particularly relevant if you work with or for an investment bank that does business internationally. This course can assist you in understanding the global financial markets and the factors that affect investment decisions.
Foreign Correspondent
Foreign Correspondent
As a Foreign Correspondent, you will report on international news and events. This course can help you learn about the global business environment, including different cultures, economies, and political systems. This knowledge may be particularly relevant if you report on business news. This course can assist you in understanding the global economy and the factors that affect international business.
For more career information including salaries, visit:
OpenCourser.com/course/najpwu/international
Reading list
We've selected 36 books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
International Business I.
This textbook provides a comprehensive and up-to-date overview of the global business environment. It covers a wide range of topics, including the political, economic, cultural, and legal environments of international business, as well as the strategies and challenges of managing global operations.
This popular textbook for international business courses, and provides a comprehensive overview of the global business environment. It covers a wide range of topics, including globalization, culture, politics, and economics.
Save
Provides a critical look at the impact of globalization on developing countries, arguing that it has often led to increased inequality and poverty.
This textbook provides a comprehensive and up-to-date overview of the theory and practice of international finance. It covers a wide range of topics, including the theory of exchange rates, the theory of international capital flows, and the theory of international financial crises.
This textbook comprehensive and up-to-date overview of the global business environment. It covers a wide range of topics, including the political, economic, cultural, and legal environments of international business, as well as the strategies and challenges of managing global operations.
This textbook provides a more concise overview of the global business environment than the previous one, and it is more focused on the practical aspects of managing global operations. It covers topics such as global marketing, finance, and human resources.
Provides a comprehensive overview of the strategic challenges and opportunities of global business. It covers topics such as the global market environment, the challenges of managing global operations, and the strategies for competing in the global marketplace.
This textbook provides a comprehensive overview of the international business environment, with a focus on the strategic challenges and opportunities that businesses face when operating in a globalized world.
Explores the cultural and political differences between the West and the East, and argues that we need to find ways to bridge these differences in order to create a more peaceful and prosperous world.
This textbook provides a comprehensive overview of the international business environment, with a focus on the managerial challenges and opportunities that businesses face when operating in a globalized world.
Provides a concise and accessible overview of the global economy. It covers topics such as the history of the global economy, the different dimensions of the global economy, and the challenges and opportunities of the global economy.
Save
This textbook concise and accessible overview of the global business environment. It covers the key concepts and theories of international business, and it provides practical examples and case studies to illustrate the challenges and opportunities of managing global operations.
Provides a popular and accessible overview of the impact of globalization on the world economy and society. It covers topics such as the rise of China, the decline of the United States, and the challenges of managing global interdependence.
Provides a forward-looking perspective on the future of globalization. It argues that globalization is not going away, but it is changing. The book explores the challenges and opportunities of globalization in the 21st century.
Provides a critical overview of the process of globalization, with a focus on the social, economic, and political challenges and opportunities that it presents.
Save
Provides a comprehensive overview of the role of culture in international business, with a focus on the impact of culture on business practices and strategies.
Argues that the world is divided into different civilizations, and that these civilizations are often in conflict with each other.
Save
An academic textbook that covers a range of the topics covered by this course, including culture, economies, and politics.
Provides a comprehensive overview of the political economy of international trade, with a focus on the role of the state in shaping the global economy.
Provides a comprehensive overview of international economics, with a focus on the theory and policy of international trade and finance.
Provides a critical overview of the process of globalization, with a focus on the challenges and opportunities it presents for democracy and the global economy.
Provides a comprehensive overview of the World Trade Organization, with a focus on the legal and economic aspects of its operation.
Provides a comprehensive overview of the frontiers of development economics, with a focus on the latest research on economic development and poverty reduction.
Provides a comprehensive overview of international monetary relations, with a focus on the theory and policy of exchange rates and international financial markets.
Save
Provides a comprehensive overview of development economics, with a focus on the economic and political factors that contribute to economic development and poverty reduction.
Argues that the end of the Cold War has marked the end of history, and that we are now entering a period of peace and prosperity.
Save
Explores the cultural differences between East Asia and the West, and how these differences affect the way people think.
This widely-used textbook covers many political science topics that form the backdrop of international business, including globalization, international organizations, and international conflict.
Provides a practical guide to understanding the cultural differences that can affect business interactions.
Save
Provides a comprehensive overview of the field of international business.
Save
Provides a theoretical and practical overview of the global economy.
Provides a comprehensive overview of the theory and practice of international trade.
Collection of essays on the multinational firm.
Collection of essays on global strategy.
Save
Collection of essays on international management.
Comprehensive overview of the field of international business.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/najpwu/international
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University of New Mexico
Instructor
Doug E Thomas, Ph.D.
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English
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Good to know
Taught by Doug E. Thomas, Ph.D., an experienced instructor in international business
Develops a fundamental understanding of the socioeconomic, political, cultural, and linguistic environment in which international businesses operate
Utilizes an inquiry-based approach to understanding country level relationships in the Global Business Environment
Explores core concepts such as globalization, the role of culture, and the gains from trade
Examines the current Global Business Environment and its impact on businesses
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