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Course Syllabus

IMS 5200 - 55A


School of Management
The University of Texas at Dallas

Course Information

Course
Course Number/Section IMS 5200 – 55A
Course Title Global Business
Class Timings Tuesday
6:00 - 9:00 p.m.
Class Room SOM 2.714
Term and Dates Fall 2010 (August 19th – December 15th)

Professor’s Contact Information


Professor Habte G. Woldu
Office Phone 972-883-6357
Email Address wolduh@utdallas.edu
Office Location SM 4.805
Web site: http://www.utdllas.edu/~wolduh

About the Instructor


Dr. Habte Woldu is a faculty member and Director of International Student Exchange
Programs and Foreign Study Trips at the School of Management, UT Dallas. Courses taught
include, Comparative Management Methods (online and on campus), Global Business (online,
and on campus), Area Studies: Latin America, East and West Europe, Africa and Asia at
graduate level, and International Business and Organizational Behavior & International
Human Resource at undergraduate levels. Research interest: cross-cultural management,
measuring cultural dynamics among nations and within demographic groups, East European
Studies and African Foreign Direct Investment.

Course Pre-requisites, Co-requisites, and/or Other Restrictions


The course is designed for graduate students who had already taken international business or
international marketing management course.

Course Description
The course deals with economic relations in a global economy characterized by increasing
interdependence of nations. Students through the foundations of neoclassic and
contemporary economic theories will learn about absolute and comparative advantage of
nations in international trade. The course also introduces new theories of international trade
that have relevance in the current global economic situation. Students through various graphs
will be able to see the impacts of trade barriers and protectionist government policies on the
economic welfare of nations. Furthermore, students in this course will learn about the
challenges of globalization such as global economic recession, environmental questions, child
labor by multinational firms, the north-south dialogue on terms of international trade as well as
the clash between multinational firms and developing countries on employment, transfer
pricing and technology sharing. In addition, students through various group research and
case reports will present their findings to the class.

IMS 5200 - 55A Course Syllabus Page 1


Student Learning Objectives/Outcomes
Students upon finishing the course are expected to manage the following core issues:

1. Analysis of the international trade dynamics and its trend and direction in the global
marketplace

2. Understanding the comparative advantage of trade between nations according to the


theory of Ricardo and its limitations.

3. Understanding the impact of trade barriers on the welfare of a nation and how it affects
the world economy

4. Recognizing the association global business expansion and the increase in income gap
between the rich and poor

5. Identifying ethical issues and responsibilities of multinational firms: transfer pricing


strategy, child labor practice controversies, environmental pollution and corruption

Required Textbooks and Materials

Required Texts
Carbaugh, Robert, International Economics, 12th Regular or Special Editions, South-Western,
2009

Textbooks and some other bookstore materials can be ordered online through Off-Campus
Books or the UTD Bookstore. They are also available in stock at both bookstores.

Recommended Readings Materials:

Zakaria, Fareed, The Post American World, W.W. Norton & Company, Inc., 2008

Engardio, Pete, Chindia: How China and India are Revolutionizing Global Business,
McGrew-Hill Companies, Inc., 2007

Friedman, Thomas, The World is Flat: A Brief History of the Twenty-First Century, Farrar,
Straus and Giroux, 2005

Yergin, D. and Stanislaw, J., Commanding Heights: The Battle for the World Economy,
PBS Series, 2002

The Economist, The international business section of The New York Times and Journal
of International Business Studies

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Short articles for weekly discussion:

Part 1: Articles on Recent Current Affairs: The Economist

Issue 1: Greek Crises


Source: http://web.ebscohost.com/ehost/detail?vid=2&hid=9&sid=c05ffd61-3f04-4732-96fe-
0bdc71593cf6%40sessionmgr12&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=a9h&AN
=50129093

Issue 2: Shareholders Vs. Stakeholders (Relevant to defining corporate responsibilities


whether they are to owners or to customers and employees
Source: http://web.ebscohost.com/ehost/detail?vid=1&hid=9&sid=d034d395-2496-4841-8aac-
a9d56936b185%40sessionmgr14&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=a9h&A
N=49723360

Issue 3: Easier Said than Done (reference to the current challenges of emerging markets in
spite of the hyped hopes and expectations)
Source: http://web.ebscohost.com/ehost/detail?vid=1&hid=9&sid=ea18165d-5b1f-4aec-a3d6-
b204cee29295%40sessionmgr14&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=a9h&AN=493832
68

Issue 4: Grow, grow, grow: emerging market companies (why emerging markets should do
well during the post recession period)
Source: http://web.ebscohost.com/ehost/detail?vid=1&hid=9&sid=8a88f3bb-2267-4fea-9e34-
136fea5052b6%40sessionmgr4&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=a9h&AN=
49383269

Issue 5: The BRICs (Brazil, Russia, India and Russia): The Trillion dollar club (Talks about the
commonality of the BRIC nations in creating a real bloc such as EU or even NAFTA?)
Source: http://web.ebscohost.com/ehost/detail?vid=1&hid=9&sid=3b31e35e-cf64-4393-85f7-
c68eaf583c68%40sessionmgr12&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=a9h&AN
=49383505

Part 2: Articles on Globalization

1. Marber, Peter (2004) “Globalization and its contents”, World Policy Journal, Winter
2004/2005

2 Drucker, Peter (2005) “Trading Places”, The National Interest, Spring 2005

3 Baily, Martin and Farrell, Diana (2005) “Outsourcing Jobs: The Myths and Realities” ,
Current, February, 2005

Directions on how to download the above articles:

In order to download the articles, go to the UTD McDermott library webpage. Click on the e-
journals only tab that appears under Resources. The activated page allows you to look for
journals in alphabetical order. Select the relevant journal and drill down further to find the
article.

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Course Policies

Make-up exams
Make-ups for midterm and final exams are possible only under extraordinary situation and the
instructor may not give full credit to late exams depending on the condition why the examinee
didn’t take the exam.

Late Work
Only accepted under extraordinary situation

Class Participation
Students are required to participate in all class activities such as discussion board activities,
and group projects or special assignments such as reading on current affairs.

Communications

This eLearning course has built-in communication tools which will be used for interaction and
communication. Some external communication tools such as regular email and a web
conferencing tool may also be used during the semester. Please see more details about
communication tool information.

Student Resources

The following university resources are available to students:

McDermott Library: UTD students will need a UTD-ID number to access all of the library’s
electronic resources (reserves, journal articles, eBooks, interlibrary loan) from off campus. For
more information on library resources go to
http://www.utdallas.edu/library/distlearn/disted.htm.

Student Assessments
Grading Information

Weights

Individual participation in the assigned topic discussion 10 %


Group project (including peer evaluation): report 20 %
Mid-Term exam includes chapters 1-4 30 %
Final exam includes chapters 6 -9 40 %
Bonus points from extra activities 5%
Total 105 %

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Grading criteria

Scaled Score Letter Equivalent


91-105 A
88-90 A-
85-87 B+
80-84 B
78-79 B-
75-77 C+
70-74 C
Less than 70 F

Accessing Grades

Students can check their grades by clicking “My Grades” under Course Tools after the grade
for each assessment task is released.

Participation in the discussion topics

Students are expected to provide comments and solutions to the posted questions and
problems spelled out in the provided group projects and discussion topics as indicated in the
sullabus. As the cases reflect the contents and the objectives of the chapters under which
they are listed, you need to read the chapters thoroughly and google for related issues
published in journals in order to effectively participate in the discussion.

Participation grade will be based on your level of involvement. It is important to remember that
the level of involvement will be evaluated by quality, not quantity of postings. Your posted
messages as well as your dialogues with your colleagues with regard to mini-case and group
projects should bear substance and depth.

Group Project

Project report Format: you can earn up to a maximum of 15% for your paper and project
presentation and 5% for group peer evaluation.

Each student will be given a grade based on the outcome of group project and his/her level of
participation within a group. The group project report will consist of 5 pages, double-spaced
and typed. The report also should include a separate page of references used as sources in
the report; at least five references excluding your book are required.

Peer evaluation should be submitted under the assignment link on the group case submission
due date. Peer evaluation is based on individuals’
a) intellectual contribution
b) full participation and integrity
c) creative and original ideas submitted to the group
d) resourcefulness

Case profiles for group project are provided on the course site. Groups will be selected for
case studies and report during the first week of the course. Based on the evaluation
information, instructor will assign a group participation grade for each student.

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The group project report should include
a) Problem definition/theme
b) Literature and method/s applied to discuss and solve the problem indicated in the case
c) Alternative solutions
d) Conclusion, including the best solution to the problem

Assignment submission instructions

You will submit your peer evaluation (in the required file format with a simple file name and a
file extension) by using the Assignments tool on the course site. Please see the Assignments
link on the course menu or see the icon on the designated page. You can click each
assignment name link and follow the on-screen instructions to upload and submit your file(s).
Please refer to the Help menu for more information on using this tool.

Exams (Midterm and Final)

Students will be evaluated on two timed and proctored class exams. The questions for the
exam will be drawn mostly from Carbaugh’s text book, assigned articles and lecture notes.
Mid-term and Final exam will include both multiple-choice and essay questions. Sample essay
questions are posted on the module page. A sample test is also available for you to practice to
get familiar with the testing system.

The exams will be available on the days indicated on the Schedule and instructions will be
given indicating the total time allowed for completion once the exam is started. The instructor
can change the system of examination and re-evaluate the entire class if the honor system
procedures do not function as expected.

Academic Calendar / Course Outline

Dates Chapter/Lecture Weekly Discussion Group Project


Topics Participation Assignments and Due
Dates
Carbaugh -Self introduction
08/24 Chapter 1 All students read the
An overview of the -Creating Groups short article under Issue #
international economy 1 and post their views on
and globalization -Discussion 0: discussion bulletin.
on “Greek Crises”

08/31 Chapter 2 Project 1: Group 1 Project


Foundation of modern Boeing’s Outsourcing of 787
trade theory and More Difficult than Expected Group 1 Members
comparative advantage (p. 56)

Chapter 3
Sources of comparative Discussion 1: Discussion Session
advantage “Easier Said than Done” based on article under
Issue # 3,

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09/07 Labor day

09/14 Chapter 4 Project 2: Group 2 Project


Tariffs and their effects Nike and Reebok Respond to
on the welfare of Sweatshop Critics, but
nations Wages Remain at Poverty
Level

Discussion 2: Group 2 Members


“Grow, grow, grow: emerging Discussion Session
market companies” based on article under
Issue # 4,
Project 3:
Is low wage social dumping? Group 3 Project:

Discussion 3:
“The BRICs (Brazil, Russia, Group 3 Members
India and Russia): The Trillion Discussion session based
dollar club” on an article under Issue
# 5,

09/21 Midterm Exam (Ch1 -4)

09/28 Chapter 6 Project 4: The Impact of EU Group 4 Project:


Trade regulations and Expansion on member
industrial policies countries: Who is benefiting
from EU’s integration?

Chapter 7 Group 4 Members


Trade policies in Discussion 4: Discussion Session
developing countries “Trading Places” based on Peter Drucker’s
article,

10/05 Chapter 8 Project 5: Group 5 Project:


Regional trading Joseph Stieglitz Vs IMF &
arrangements Vs World Bank
multilateralism Group 5 Members
Chapter 9 Discussion 5: Discussion Session
International factor “Outsourcing Jobs” based on an article by
movements and Farrell and Martin
multinational enterprise

10/12 Final exam (Ch. 6-9)

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Scholastic Honesty
The University has policies and discipline procedures regarding scholastic dishonesty.
Detailed information is available on the UTD Judicial Affairs web page. All students are
expected to maintain a high level of responsibility with respect to academic honesty. Students
who violate University rules on scholastic dishonesty are subject to disciplinary penalties,
including the possibility of failure in the course and/or dismissal from the University. Since
such dishonesty harms the individual, all students and the integrity of the University, policies
on scholastic dishonesty will be strictly enforced.

Course Evaluation

As required by UTD academic regulations, every student must complete an evaluation for
each enrolled course at the end of the semester.

University Policies

Student Conduct & Discipline

The University of Texas System and The University of Texas at Dallas have rules and
regulations for the orderly and efficient conduct of their business. It is the responsibility of
each student and each student organization to be knowledgeable about the rules and
regulations which govern student conduct and activities. General information on student
conduct and discipline is contained in the UTD publication, A to Z Guide, which is provided to
all registered students each academic year.

The University of Texas at Dallas administers student discipline within the procedures of
recognized and established due process. Procedures are defined and described in the Rules
and Regulations, Board of Regents, The University of Texas System, Part 1, Chapter VI,
Section 3, and in Title V, Rules on Student Services and Activities of the university’s
Handbook of Operating Procedures. Copies of these rules and regulations are available to
students in the Office of the Dean of Students, where staff members are available to assist
students in interpreting the rules and regulations (SU 1.602, 972/883-6391).

A student at the university neither loses the rights nor escapes the responsibilities of
citizenship. He or she is expected to obey federal, state, and local laws as well as the
Regents’ Rules, university regulations, and administrative rules. Students are subject to
discipline for violating the standards of conduct whether such conduct takes place on or off
campus, or whether civil or criminal penalties are also imposed for such conduct.

Academic Integrity

The faculty expects from its students a high level of responsibility and academic honesty.
Because the value of an academic degree depends upon the absolute integrity of the work

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done by the student for that degree, it is imperative that a student demonstrate a high
standard of individual honor in his or her scholastic work.

Scholastic dishonesty includes, but is not limited to, statements, acts or omissions related to
applications for enrollment or the award of a degree, and/or the submission as one’s own work
or material that is not one’s own. As a general rule, scholastic dishonesty involves one of the
following acts: cheating, plagiarism, collusion and/or falsifying academic records. Students
suspected of academic dishonesty are subject to disciplinary proceedings.

Plagiarism, especially from the web, from portions of papers for other classes, and from any
other source is unacceptable and will be dealt with under the university’s policy on plagiarism
(see general catalog for details). This course will use the resources of turnitin.com, which
searches the web for possible plagiarism and is over 90% effective.

Email Use

The University of Texas at Dallas recognizes the value and efficiency of communication
between faculty/staff and students through electronic mail. At the same time, email raises
some issues concerning security and the identity of each individual in an email exchange.
The university encourages all official student email correspondence be sent only to a student’s
U.T. Dallas email address and that faculty and staff consider email from students official only if
it originates from a UTD student account. This allows the university to maintain a high degree
of confidence in the identity of all individual corresponding and the security of the transmitted
information. UTD furnishes each student with a free email account that is to be used in all
communication with university personnel. The Department of Information Resources at U.T.
Dallas provides a method for students to have their U.T. Dallas mail forwarded to other
accounts.

Withdrawal from Class

The administration of this institution has set deadlines for withdrawal of any college-level
courses. These dates and times are published in that semester's course catalog.
Administration procedures must be followed. It is the student's responsibility to handle
withdrawal requirements from any class. In other words, I cannot drop or withdraw any
student. You must do the proper paperwork to ensure that you will not receive a final grade of
"F" in a course if you choose not to attend the class once you are enrolled.

Student Grievance Procedures

Procedures for student grievances are found in Title V, Rules on Student Services and
Activities, of the university’s Handbook of Operating Procedures.

In attempting to resolve any student grievance regarding grades, evaluations, or other


fulfillments of academic responsibility, it is the obligation of the student first to make a serious
effort to resolve the matter with the instructor, supervisor, administrator, or committee with
whom the grievance originates (hereafter called “the respondent”). Individual faculty members
retain primary responsibility for assigning grades and evaluations. If the matter cannot be
resolved at that level, the grievance must be submitted in writing to the respondent with a
copy of the respondent’s School Dean. If the matter is not resolved by the written response
provided by the respondent, the student may submit a written appeal to the School Dean. If
the grievance is not resolved by the School Dean’s decision, the student may make a written

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appeal to the Dean of Graduate or Undergraduate Education, and the deal will appoint and
convene an Academic Appeals Panel. The decision of the Academic Appeals Panel is final.
The results of the academic appeals process will be distributed to all involved parties.

Copies of these rules and regulations are available to students in the Office of the Dean of
Students, where staff members are available to assist students in interpreting the rules and
regulations.

Incomplete Grade Policy

As per university policy, incomplete grades will be granted only for work unavoidably missed
at the semester’s end and only if 70% of the course work has been completed. An incomplete
grade must be resolved within eight (8) weeks from the first day of the subsequent long
semester. If the required work to complete the course and to remove the incomplete grade is
not submitted by the specified deadline, the incomplete grade is changed automatically to a
grade of F.

Disability Services

The goal of Disability Services is to provide students with disabilities educational opportunities
equal to those of their non-disabled peers. Disability Services is located in room 1.610 in the
Student Union. Office hours are Monday and Thursday, 8:30 a.m. to 6:30 p.m.; Tuesday and
Wednesday, 8:30 a.m. to 7:30 p.m.; and Friday, 8:30 a.m. to 5:30 p.m.

The contact information for the Office of Disability Services is:


The University of Texas at Dallas, SU 22
PO Box 830688
Richardson, Texas 75083-0688
(972) 883-2098 (voice or TTY)

Essentially, the law requires that colleges and universities make those reasonable
adjustments necessary to eliminate discrimination on the basis of disability. For example, it
may be necessary to remove classroom prohibitions against tape recorders or animals (in the
case of dog guides) for students who are blind. Occasionally an assignment requirement may
be substituted (for example, a research paper versus an oral presentation for a student who is
hearing impaired). Classes enrolled students with mobility impairments may have to be
rescheduled in accessible facilities. The college or university may need to provide special
services such as registration, note-taking, or mobility assistance.

It is the student’s responsibility to notify his or her professors of the need for such an
accommodation. Disability Services provides students with letters to present to faculty
members to verify that the student has a disability and needs accommodations. Individuals
requiring special accommodation should contact the professor after class or during office
hours.

Religious Holy Days

The University of Texas at Dallas will excuse a student from class or other required activities
for the travel to and observance of a religious holy day for a religion whose places of worship
are exempt from property tax under Section 11.20, Tax Code, Texas Code Annotated.

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The student is encouraged to notify the instructor or activity sponsor as soon as possible
regarding the absence, preferably in advance of the assignment. The student, so excused,
will be allowed to take the exam or complete the assignment within a reasonable time after the
absence: a period equal to the length of the absence, up to a maximum of one week. A
student who notifies the instructor and completes any missed exam or assignment may not be
penalized for the absence. A student who fails to complete the exam or assignment within the
prescribed period may receive a failing grade for that exam or assignment.

If a student or an instructor disagrees about the nature of the absence [i.e., for the purpose of
observing a religious holy day] or if there is similar disagreement about whether the student
has been given a reasonable time to complete any missed assignments or examinations,
either the student or the instructor may request a ruling from the chief executive officer of the
institution, or his or her designee. The chief executive officer or designee must take into
account the legislative intent of TEC 51.911(b), and the student and instructor will abide by the
decision of the chief executive officer or designee.

Off-Campus Instruction and Course Activities

Off-campus, out-of-state, and foreign instruction and activities are subject to state law and
University policies and procedures regarding travel and risk-related activities. Information
regarding these rules and regulations may be found at the website address given below.
Additional information is available from the office of the school dean.
(http://www.utdallas.edu/BusinessAffairs/Travel_Risk_Activities.htm)

These descriptions and timelines are subject to change at the discretion of the
Professor.

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