Global Business

Professor Philippe Jorion

GRADUATE SCHOOL OF MANAGEMENT
UNIVERSITY OF CALIFORNIA
IRVINE, CALIFORNIA 92697-3125

I. Course Description

This course examines the issues facing managers and firms involved in the international transfer of goods, services, and capital. It provides the foundation for understanding the factors affecting the conduct of international business and serves as a preparation for the foreign residential.

This global business course is jointly taught, with another module that emphasizes marketing and cultural aspects of international business. The 5-week module taught by Professor Jorion emphasizes the economics and financial aspects of global business.

This module will cover the following topics:

• The World Economy: discusses why countries trade, the costs and benefits of international trade.

• Trade Policy: discusses the implementation of trade barriers (tariffs, quotas, etc.), their economic effects, and current trade policy issues such as the European Union (EU), NAFTA, The World Trade Organization (WTO) and the ongoing "U.S-Japan" debate.

• Exchange Rates and Economic Policy: discusses the foreign exchange market, and the impact of currency movements on firms with international operations.

• The European Union: discusses developments toward economic and political integration in Europe.

II. Course Organization

This is described on the Catalyst system, which overrides the information on this page.

GSM - UC Irvine

Philippe Jorion

All course materials are © 2004 Philippe Jorion.