ECON 362 Spring 2013 Global Competitive Strategies

This course examines the ways in which a country's factor endowments, domestic market characteristics, and government policies promote or impede the global expansion of its industries and corporations. First, actual trade and investment decisions of multinational corporations are analyzed and compared to the predictions of international trade theory. Second, competitive strategies of indigenous and foreign rivals in U.S., Pacific rim, and European markets are explored. Third, the efficacy of government policies in promoting the competitiveness of industries in global markets is discussed. Case studies of firms, industries, and countries will be utilized. In class taught during the fall, students will simulate a meeting of the Federal Reserve Open Market Committee, either to decide on monetary policy or to debate a current policy monetary policy or regulatory issue; in class taught during the spring, students will gain insights into the implementation of monetary policy through a simulation of the Federal funds market.
Class Format: lecture/discussion
Requirements/Evaluation: a research paper and exam(s)
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Prerequisites: Economics 251
Enrollment Preference: senior Economics majors
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Divisional Attributes: Division II
Other Attributes: INST Economic Development Studies Electives
Enrollment Limit: 25
Expected Enrollment: 25
Class Number: 3900
ECON362-01(S) LEC Global Competitive Strategies Division 2: Social Studies Michael Fortunato
M 7:00 PM-9:40 PM Hopkins Hall 001 3900
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