COURSE SYLLABUS

COURSE CODE : INTRAD SY / TERM 1rdTrimester, 2016-2017

COURSE NAME : GLOBALIZATION/INTRNATIONAL TRADE SCHEDULE Monday 13:00 -16:00

CREDIT UNITS : 3 FACULTY MA. KATHERINE T. DE LEON

PRE-REQUISITE: MACROECONOMICS/MICROECONOMICS CONSULTATION Saturday : 03:30 P.M 04:00 P.M

COURSE This course will provide you with an analytical framework for the study of international trade. Historically, International
DESCRIPTION: trade has played a critical role in enabling countries to grow, develop, and become economically powerful. Through
international trade in goods and services, the economies of different countries are more closely linked to one another now
than ever before. This course will cover a broad array of relevant topics and overview of the unique problems faced by firms
engaging in International activities; the importance of understanding the foreign economic, social, political, cultural, and
legal environment, the mechanics of importing and exporting, joint venture, franchising, and subsidiaries, international
dimensions of management, marketing and accounting, multi-national corporations, country-risk analysis, and other
problems and issues of international economic system.
SPECIFIC GOALS FOR THE COURSE
a. Course Objective
The course aims to provide the students with knowledge on concepts of Globalization and International Trade; Students will apply a working
knowledge of the principles of International trade to analysis and problem solving in actual situation. Students will be able to learn about
international business laws and importance of them. Finally they will be familiar with important factors that have impact on globalization
and international trade.
b. Course Outcomes
By the end of the course, the students will be able to:
1. Identify the fundamentals and concepts of globalization.
2. Describe the structures of WTO and GATT.
3. Identify major factors which must be considered in the legal/political environment when planning to market globally.
 4. Identify the various types of instruments of trade policy: Tariffs and Subsidies Instrument
5. Understand the factors endowments and effects on trade pattern.
6. Define the Economies of scale, classification, advantages
7. Identify the differences between outsourcing and offshoring.
c. Students Outcomes Addressed by the Course
By the end of the course, the students will be able to:
1. Analyze and evaluate the International business environment, opportunity recognition;
2. Understand and analyze the International Labour standard which promotes opportunities to obtain decent and productive work in
conditions of freedom, equity, security, and dignity.;
3. Describe the Regional Agreements whereby members accord preferential treatment to one another in respect of trade barriers;
4. Understand the importance of globalization and impacts of that on international trade;
5. Differentiate between outsourcing and offshoring and find the opportunities can be creates by them in business environment.
COURSE TOPICS
Midterm Period (Weeks 1-6)
1. INTRODUCTION TO INTERNATIONAL TRADE:
2. World Trade Patterns, Labour Productivity and Comparative Advantage
3. Factor Endowments and Trade: The Hecksher-Ohlin Model
4. Economies of Scale, Imperfect Competition, and International Trade
5. The Instruments of Trade Policy
6. The Political Economy of Trade Policy
7. Regionalism and Preferential Trading Arrangements
8. Multilateralism: The World Trade Organization
9. Examples of Regional Agreements
10. International Labour Standards
11. Trade and the Environment
12. Outsourcing and Offshoring
 MANILA BUSINESS COLLEGE

WEEKLY LESSON ACTIVITY PLAN

Course/Subject: GLOBAL/ INTERNATIONAL TRADE

Teaching and Instructional Assessment
Week Topics Intended Learning Outcomes (ILOs) Learning Materials Task (ATs)
Activities (TLAs)

1. Checking of registration By discussing the different topics Freehand Lecture PPT Question &
1 against the official list of enumerated, the program will enable Class Discussion Presentation Answer
students students to do the following: Syllabus
2. Coverage of the Course
3. Course Requirements 1. To familiarize the students with
4. Course Description and policies in order that problems may be
Course Contents. avoided.
5. Globalization/International 2. To provide the students with an
Trade overview of topics to be taken during
the trimester.
3. Introduction to
Globalization/International Trade
At the end of the lesson the students are
2 World Trade Patterns, Labour expected to:
Productivity and Comparative Understand the unique aspects involved Lecture PPT
Advantage globalization Class Discussion Presentation Question &
Understand deeply the concept of Syllabus Answer
Comparative Advantage
Deliberate the Factors affecting Labour
productivity and its effect on International
Market Arena

3 Factor Endowments and Trade: At the end of the lesson the students are
 The Hecksher-Ohlin Model expected to: Lecture Recitation
Understand the factors endowments and Class Discussion PPT Question &
effects on trade pattern Presentation Answer
Briefly discuss the structure of the Syllabus Assignment
Hecksher-Olin Model
At the end of the lesson the students are
4 Economies of Scale, Imperfect expected to:
Competition, and International Class Discussion PPT Long quiz
Trade Define the Economies of scale, Lecture Presentation Question &
classification, advantages Syllabus Answer

At the end of the lesson the students are

5 The Instruments of Trade Policy expected to:
To identify the various types of Class Discussion PPT Recitation
instruments of trade policy: Tariffs and Lecture Presentation Question &
Subsidies Instrument Syllabus Answer
Assignment

6 The Political Economy of Trade At the end of the lesson the students are
Policy expected to:
To present more intensive analysis about Class Discussion PPT Question &
free trade and why government does not Lecture Presentation Answer
attempt to restrict what its citizens can Syllabus
buy from another or what they can sell to
another country
7 MIDTERM EXAMINATION

8 Regionalism and Preferential At the end of the lesson the students are
Trading Arrangements expected to:
Understanding the various agreements of Class Discussion PPT Question &
the participating countries. Lecture Presentation Answer
Syllabus

Elaborate the advantages and

9 Multilateralism: The World disadvantages of Multilateralism which
Trade Organization signed with the various governments for Recitation
achieving specific objectives Class Discussion PPT Question &
Lecture Presentation Answer
Syllabus

10 Regional Agreements At the end of the lesson the students are

expected to:
Understand the Regional Agreements Class Discussion PPT Question &
whereby members accord preferential Lecture Presentation Answer
treatment to one another in respect of Syllabus Assignment
trade barriers.

11 International Labour Standards At the end of the lesson the students are
expected to:
The students should be able to understand Class Discussion PPT Question &
and analyze the International Labour Presentation Answer
standard which promotes opportunities to Syllabus Assignment
obtain decent and productive work in Case Study
conditions of freedom, equity, security,
and dignity.

12 Trade and the Environment At the end of the lesson the students are
expected to:
To give an understanding of the major Class Discussion PPT Question &
factors this must be considered in the Presentation Answer
legal/political environment when planning Syllabus Assignment
to market globally. Case Study

13 At the end of the lesson the students are

Outsourcing and Offshoring expected to: Class Discussion PPT Question &
Identify the differences between Group Reporting Presentation Answer
outsourcing and offshoring. Syllabus Case Study
 14 FINAL EXAMINATION
References:
International economics by Paul Krugman
International Trade Theory and Policy by Giancarlo Gandolfo
Lectures on International Trade by Jagdish N. Bhagwati, Arvind Panagariya, T. N. Srinivasan

Baldwin, Robert R. 1989. The Political Economy of Protection. Journal of Economic Perspectives 3(4): 119-136.

Rodrik, Dani. 1998. Why Do More Open Economies Have Bigger Governments? Journal of Political Economy 106(5): 997-1032.

GRADING SYSTEM:

MIDTERM GRADE FINAL GRADE

Class Standing 25% Midterm Grade 40%
Quizzes 25% Class Standing 15%
Midterm Exam 50% Quizzes 15%
-------- Final Exam 30%
100% --------
100%
PREPARED BY: EVALUATED /APPROVED BY: NOTED BY:

MR. SEYED ALI FALLAHCHAY MBA. MS. JENNY C. CO MBA.,