| Detailed information |
| Pre-requisites |
(*)keine (die Zulassung zum Studium vorausgesetzt)
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| Original study plan |
Master's programme Management and Applied Economics 2018W |
| Objectives |
The course objective is to acquire basic understanding of theory on multinational firms and foreign direct investment (FDI) and become familiar with main empirical findings on multinational firms and FDI. After successful completion of the course, students should be in a position to explain main concepts, theories and empirical findings from the literature.
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| Subject |
The course covers the following topics, following the book used for the course:
(a) Facts and Issues
(b) Overview of concepts, theory and empirical findings
(c) Theory on horizontal FDI
(d) Theory on vertical FDI
(e) Theory on the role of the firm in FDI
(f) Empirics: determinants of FDI
(g) Empirics: Host country effects
(h) Empirics: Home country effects
(i) Policy Implications
(j) Selected Topic: Outsourcing, Firm Heterogeneity and/or Transfer Pricing
The course focuses on understanding concepts, theories and empirical findings and not on the mathematical details of theoretical models and the econometric details of the empirical tests.
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| Criteria for evaluation |
Grades will be based on a mid-term examination (35%), a final examination (50%) and homework assignments (15%).
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| Methods |
Lectures are held weekly; every other week, half of the course time will be used to discuss homework assignments. Online information, such as course slides, will be made available via KUSSS.
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| Language |
English |
| Study material |
(a) Barba Navaretti, Giorgio and Anthony J. Venables (2006). Multinational Firms in the World Economy. Princeton University Press.
(b) Articles on selected topic (outsourcing, firm heterogeneity and/or transfer pricing).
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| Changing subject? |
No |
