KS The Multinational Firm in the Global Economy (239.503, 4 ECTS).
The goal of this course is to gain a basic understanding of the theory on multinational firms and foreign direct investment (FDI) and to become familiar with the main empirical findings on multinational firms and FDI. After the course you should be able to explain the main concepts and theories and empirical findings from the literature and apply them to current problems. We cover the following themes, following the book used for the course (see below).
Introduction
Overview: concepts, theory, and empirical findings [slides]
Determinants of horizontal foreign direct investment (HFDI) [slides]
The effect of HFDI on the host economy [slides]
Vertical foreign direct investment (VFDI) [slides] [media: voestalpine]
Internalization versus outsourcing [slides]
Assessment
Grading will be based on problem sets (20%) and a final exam (80%). A minimum of 50% of the total is necessary for passing the course.
Readings
Barba Navaretti, Giorgio and Anthony J. Venables (2006), Multinational Firms in the World Economy, Princeton University Press.
Language
The course is taught in English.
Prerequisites
Good knowledge in microeconomic theory, mathematics for economists and econometrics.
Time and Place
See information in KUSSS (Kepler University Study Support System).
Lecturer
Karin Mayr-Dorn (karin.mayr-dorn@jku.at). Office room number K103A, Keplergebäude, 1st floor. Office hours: by appointment.