Department of Economics

Faculty of Economics and Business

Universitas Gadjah Mada

International Business
EKO4302
2014/2015
Instructor :
Ahmad Jamli, Drs., M.A.
Office : MAKSI FEB UGM
Mobile : 0811293477
Email : ahmadjamlie@ymail.com
Assistant :
Anandita Rizki Septiani
Email : ananditarizki@gmail.com

Course Objective :
The objective of this course is to familiarize students with various issues in international business. Along the
way, students will acquire knowledge on strategies and structure of international businesses as well as the
analytical skills needed to make sound managerial decisions. The learning objectives (LO) of the topics are
provided on the front page of each chapter in the main textbook.
The first half of the course will cover a variety of macroeconomics and political issues, from international trade
theory and foreign direct investment flows to the IMF and the influence of inflation rates on foreign exchange
quotations. The second half will focus o the practice of international business.

Teaching Approach
Classroom activity will mainly center on discussion, presentation and analysis of mini cases. The case
discussions offer opportunities to apply economic concept and models in the real world. These discussions will
be supplemented by Country Focus, Management Focus, and Implications for Managers.
For students to benefits from the class, thorough preparation for each class meeting is essential. Students are
expected to arrive at class prepared to discuss the cases assigned for that day, meaning that they should cover
the required materials beforehand.

Class Participation
Students are expected to make an active effort to contribute productively on a regular basis to the class
discussion. Studnets should be willing to challenge, respectfully the ideas expressed by others. Comments
should be logical, fact-based, and insightful. Comments should also demonstrate an understanding of the
relevant readings and their application to case materials.

Code of Conduct
Students are expected to adhere to the faculty s rules in class. Telecommunication devices such as cellphone
should be turned off during the class. With regards to attendance, students must attend more than 75% of
classes held. Failure to do so would result in students being unable to take the final exam. All students are

responsible for knowing and adhering to the academic integrity policy of this institution. Violations of this
policy include : cheating, plagiarism, and aid of academic dishonesty. Students who are found to be in violation
of the academic integrity policy will be subject to academic sanctions.

Main Textbook
Charless W.L. Hill, Chow H. Wee, and Khrisna Udayasanker. International Business : An Asian Perspective.
Singapore : Mc-Graw Hill Education (Asian). 2012.

Supplemental Readings
Joa Magretta and Nan D. Stone. What management is : How it works and why its everyones business.
London : Profile Books Ltd. 2003.

Presentation
Each student must present a chapter from the textbook individually or in team of two in front of the class. The
presentation will elaborate on two main points in each chapter; management focus and country focus. Students
are free to choose which management focus and country focus to present. Presentations should take about 15 to
20 minutes for each chapter. The groups and chapters will be distributed by using a lottery system. Free-riding
is strongly discouraged.

Homework
Homework consists of answering case discussion questions provided in the closing case section of each
chapter. The chapter discussed/presented in class will be the homework for that session. Homework should be
printed neatly and turned in at the start of each class. Failure to turn in homework will affect grades.

Students Evaluation
Course grade will be based on the following components :
Class Participation and Quiz

: 20%

Mid Exam

: 20%

Final Exam

: 30%

Presentation

: 20%

Homework

: 10%

--------------------------------------------------Total

: 100%

Schedule
Week
1
2
3
4
5
6
7
8
9
10
11
12
13
14

Discussion
Introduction and General Overview
Globalization
National Differences in Political Economy, Differences in Culture
Ethics in International Business, International Trade Theory, The Political
Economy of International Trade
Foreign Direct Investment, Regional Economic Integration, The Foreign
Exchange Market
The International Monetary System, The Global Capital Market, The
Strategy of International Business
The Organization of International Business, Entry Strategy and Strategic
Alliance, Review
Exporting, Importing, and Countertrade
Global Production, Outsourcing, and Logistics
Global Marketing and R&D
Global Human Resource Management
Accounting in International Business
Finanacial Management in the International Business
Review

Source (Hill)
Ch. 1
Ch. 2, 3
Ch. 4 5, 6
Ch. 7, 8, 9
Ch. 10, 11, 12
Ch. 13, 14
Ch. 15
Ch. 16
Ch. 17
Ch. 18
Ch. 19
Ch. 20