Courses

International Trade and Direct Foreign Investments

General

Course Contents

  1. The concept and types of international transactions.
  2. Study indicators of foreign trade, Terms of Trade.
  3. Global trade, Fair Trade.
  4. The foreign trade of Greece and its main characteristics.
  5. Business Exports: Meaning, Methods and Process.
  6. Export Credit Insurance, International Regulations and Payments. Basic Export Certificates.
  7. Foreign Direct Investments (FDI) and their importance.
  8. FDI attraction factors.
  9. Advantages and disadvantages of the internationalization of production through multinational companies and Foreign Direct Investments.
  10. The Multinational Enterprises.
  11. Business strategies of companies in the context of the international business environment.
  12. Greece as a country of FDI reception and origin.
  13. Course outline and recap.

Educational Goals

General aim of the course is the  understanding and knowledge of international trade and Foreign Direct Investment (FDI).

In particular, through lectures and case studies in the practical exercises, the aim is for the students to get to know and analyze the types of international transactions and in particular exports, imports and foreign investments. Also, to be able to use knowledge and understanding of international trade and FDI issues when working professionally in external agencies and businesses and have the ability to develop and support arguments to solve problems related to international economics and business environment. Finally, to have the ability to gather, analyze and interpret reports, studies and quantitative data on international trade and business and form judgments on related economic and scientific issues, as well as be able to present and support data , ideas, problems and solutions to specialist and non-specialist audiences.

Upon successful completion of the course, the student will be able to:

  • Know the types of international transactions, foreign trade: exports – imports. Foreign trade study indicators and Fair Trade
  • They know the foreign trade of Greece and its main characteristics.
  • Understand Business Exports: Meaning, Methods and Process.
  • Analyze and interpret international trade, investment and in particular what is related to foreign trade and foreign investments.
  • Evaluate and compose reports and analyzes referring to international trade and FDI issues.
  • Acquire the necessary skills to support the extroverted orientation of agencies and businesses.
  • Develop the necessary knowledge acquisition skills for further studies at postgraduate level.

General Skills

  • Independent work.
  • Team work.
  • Working in an international environment.
  • Decision making.
  • Production of free, creative and inductive thinking.

Teaching Methods

  • In the classroom, face to face.

Use of ICT means

  • Basic software (windows, word, power point, the web, etc.).
  • Support of learning process through the electronic platform / e-class.

Teaching Organization

ActivitySemester workload
Lectures26
Practice Works13
Assignement (Essay writing)20
Independent Study91
Total150

Students Evaluation

Written final exams (60%) that may include:

  • Judgemental questions.
  • Short answer questions.
  • Application exercises.
  • True/false and multiple choice questions.
  • Composite theoratical questions.

 

In each question, corresponding evaluation points are specified.
Optional assignment (Essay writing and presentation) corresponds to 40% of the final grade.

Recommended Bibliography

  1. Μαγούλιος Γιώργος, Προσεγγίσεις σε θέματα της Διεθνούς και Ευρωπαϊκής Οικονομικής Συνεργασίας, Εκδ. Β΄ Δ. Σφακιανάκη, Θεσσαλονίκη 2006.
  2. Ι. Χατζηδημητρίου, Διεθνείς Επιχειρηματικές Δραστηριότητες, εκδ. ΑΝΙΚΟΥΛΑ, 2003.

Related Research Journals

  1. Journal of Business and Economics.