Course Descriptions

IBA 3345. Global Enterprise (ECO) 3 hours
Prerequisites: ECO 2305 and 2306
A survey of the international dimensions of business. It examines theories of international trade and foreign investment, the location and diffusion of multinational enterprises, the importance of world institutions such as the United Nations and the International Monetary Fund to international business; trends in world trade, investment, and regional integration; and the economic, legal, political, and physical forces present in the world economy today.

IBA 3346. Global Management (ECO)(MGT 3346)
Prerequisite: IBA 3345 3 hours
This course examines in considerable detail important managerial functions within global enterprises today, such as those in production, finance, planning and strategy, marketing, information systems, accounting, and human resources. Provides an integrated managerial perspective of the inner dynamics of the global enterprise.

IBA 4325. Global Economy (ECO) 3 hours
Prerequisites: ECO 2305 and 2306
This course deals with United States trade policy in the context of a rapidly changing global economy. It examines the classical, neoclassical, and contemporary arguments for free international trade and the counter arguments for protectionism. Attention is given to the U.S. balance of trade deficit, the loss (and gain) in national competitive advantage in many product areas, and the importance of foreign investment in the United States to its future growth. The foreign exchange market is introduced to allow for considerable discussion of the merits of fixed versus flexible exchange rate
systems.

IBA 4335. Global Finance (ECO 4335) (FIN 4335)
Prerequisites: ECO 2305, 2306, and FIN 3313 3 hours
An introduction to the financing of international business and the financial risk to the firm from currency exposures. Examines in detail the foreign exchange market and derivative assets, such as currency options and futures. Currency speculation, hedging, and arbitrage are examined from the perspective of the international firm as it attempts to manage its currency exposures.

IBA 4342. Global Marketing (MKT 4342) 3 hours
Prerequisite: MKT 3321
A study of the various areas of global marketing and the cultivation of global markets. Emphasis is on developing and implementing marketing plans in a global environment.