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IB Bcom Syllaubs

The document outlines the syllabus for an International Business course, including its objectives, learning outcomes, unit structure, exercises, and suggested readings. The course aims to impart core knowledge in international business and create awareness of issues like outsourcing and sustainable development. It is divided into 5 units covering topics such as globalization, international environments, international trade theories, regional economic integration, and foreign direct investment. Students will analyze case studies, conduct comparative analyses, and present on contemporary issues. Suggested readings and additional resources are also provided.

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0% found this document useful (0 votes)
45 views3 pages

IB Bcom Syllaubs

The document outlines the syllabus for an International Business course, including its objectives, learning outcomes, unit structure, exercises, and suggested readings. The course aims to impart core knowledge in international business and create awareness of issues like outsourcing and sustainable development. It is divided into 5 units covering topics such as globalization, international environments, international trade theories, regional economic integration, and foreign direct investment. Students will analyze case studies, conduct comparative analyses, and present on contemporary issues. Suggested readings and additional resources are also provided.

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gargn200427
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Shri Mahaveer Book Depot.

● Maheshwari, S. N., Mittal S. K., & Mittal, S.N. (2021). Cost Accounting: Principles & Practice.
Delhi, India: Shree Mahaveer Book.
● Mitra, J. K. (2021). Cost and Management Accounting. Delhi, India: Oxford University Press.
● Nigam, B. M. L., & Jain, I. C. (2023). Cost Accounting: Principles and Practice. Delhi, India: PHI
Learning.
● Singh, S. (2019). Fundamentals of Cost Accounting. Allahabad, India: Kitab Mahal.
● Tulsian, P.C. (2020). Cost Accounting. Delhi, India: S.Chand.

Additional Resources:

● Drury, C. (2018). Management and Cost Accounting. China: Cengage.


● Horngren, C. T., Foster, G., & Dattar, S. M. (2017).Cost Accounting: A Managerial Emphasis. Delhi,
India: Prentice Hall of India Ltd.
● Jain, S.P., & Narang, K.L. (2021). Cost Accounting: Principles and Methods. Jalandhar, India:
Kalyani Publishers.

Note: Suggested readings will be updated by the Department of Commerce and uploaded on the
Department's website.

Discipline Specific Core Course- 4.3 (DSC-4.3): International Business

Course Credi Credit distribution of the Eligibi Pre-


title ts course lity requisite
& criteri of the
Lectu Tutori Practical/
Code a course
re al Practice (if any)
Internation 4 3 1 0 Pass in Class NIL
al Business XII

DSC- 4.3

Learning Objectives:

The course aims to impart the core body of knowledge in international business to the students. The course
would introduce students to the international trading and investment environment and also create awareness
about emerging issues such as outsourcing and sustainable development in the context of international
business.

Learning Outcomes:
After completion of the course, learners will be able to:

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1. Analyse the process of globalization and its impact on growth of international business.
2. Evaluate the changing dynamics of the diverse international business environment.
3. Analyse the theoretical dimensions of international trade as well as intervention measures adopted.
4. Analyse the significance of different forms of regional economic integration and the role played by
various international economic organisations.
5. Evaluate the forms of foreign direct investment and analyse benefits and costs of FDI.

SYLLABUS OF DSC-4.3

Unit 1: Introduction to International Business (7 hours)


Globalization - concept, significance and impact on international business; international business contrasted
with domestic business; complexities of international business; internationalization stages and orientations;
modes of entry into international businesses.
Unit 2: International Business Environment (11 hours)
Role of political and legal systems in international business; cultural environment of international business;
implications of economic environment for international business.

Unit 3: International Trade (9 hours)


Theories of international trade – Theory of Absolute Advantage theory, Theory of Comparative Advantage,
Factory Proportions theory and Leontief paradox, Product Life Cycle theory, Theory of National
Competitive Advantage; Instruments of trade control.

Unit 4: Regional Economic Integration and International Economic Organisations (9 hours)


Forms of regional economic integration; Integration efforts amongst countries in Europe, North America
and Asia: EU, USMCA, and SAARC; Cost and benefits of regional economic integration.
International Economic Organisations: WTO- functions, structure and scope; World Bank and IMF

Unit 5: International finance and contemporary issues in IB (9 hours)


Types of FDI - Greenfield investment, Mergers & Acquisition, strategic alliances; benefits and drawbacks
of FDI
Overview of Exchange Rate systems
Contemporary issues in international business: Outsourcing and its potential for India; international
business and sustainable development.

Exercises:
The learners are required to:

1. Demonstrate through case studies the suitability of each mode of entry in international business.
2. Conduct a comparative analysis of countries which are different in terms of
political/legal/economic/cultural environment to understand the impact of these dimensions on
international business.
3. Analyse data on trade of select countries to examine if trade patterns conform to different trade
theories.
4. Conduct an in-depth study of a regional economic arrangement and evaluate its costs and benefits
by applying the theoretical knowledge gained during the course
5. Make presentations on developments in contemporary issues affecting international business such
as sustainable development.

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Suggested Readings:

● Bennett, R. (2006). International Business. Delhi, India: Pearson.


● Cavusgil, S. T., Knight, G., & Riesenberger, J. (2006). International Business: Strategy,
Management and the New Realities. India: Pearson India.
● Hill, C.W.L., & Jain, A. K. (2011). International Business. Delhi, India: Tata McGraw
Hill.
● Chaturvedi, D.D., Jindal, D., & Kaur, R. (2022). International Business. Delhi, India:
Scholar Tech Press.
● Daniels, J. D., Radenbaugh, L. H., & Sullivan, D. P. (2016). International Business.
Pearson Education.
● Griffin, R. W., & Pustay, M. W. (2014). International Business - A Managerial
Perspective. New Jersey, United States: Prentice Hall.
● Joshi, R.M. (2009). International Business. Delhi, India: Oxford University Press.
● Menipaz, E., Menipaz A., & Tripathi S.S. (2017). International Business: Theory and
Practice. Delhi, India: Sage Publications India Pvt. Ltd.

Additional Resources

● Economic Survey, various issues.


● RBI Report on Currency & Finance, various issues.
● World Investment Reports, UNCTAD
● Websites: RBI, IMF, WORLD BANK, WTO.
● WTO Annual reports

Note: Suggested readings will be updated by the Department of Commerce and uploaded on the
Department's website.

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