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Multinationals and Global Business BUSM028

BUSM028 Multinationals and Global Business

Semester

2 (2017/18)

Module organiser

Dr Thomas Kemeny
email: t.kemeny@qmul.ac.uk

Description

This module aims to introduce students to central debates about the relationship between global economic integration and economic development, highlighting the role of multinationals in this relationship. Over roughly the past 40 years we have experienced a relatively long period of intensified global integration, involving nearly all economies on the planet. This period has been characterized by a distinctive vision of what constitutes globalization, with strong shift towards markets, manifested through the reduction of barriers to trade, privatization, the deregulation of capital markets, as well as a push towards the harmonization of political-economic institutions. Under these conditions, Multinational enterprises have flourished becoming major players on the global stage, with networks of relationships forming complex supply chains.

Learning outcomes

By the end of the module you should be able to:

  • Describe distinctive features of the contemporary global economy, including multinational enterprises
  • Identify and explain key theories of trade and location, pulling out their implications for economic development
  • Describe the factors that give rise to the multinational firm
  • Describe and evaluate the ways in which multinationals affect host countries
  • Critically evaluate the changing role of technology and distance in shaping patterns of development
  • Evaluate current challenges and prospects for governance

Assessment

60% Exam, 30% Essay, 10% Individual Presentation

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