MN425      Half Unit
Business in the Global Environment

This information is for the 2013/14 session.

Teacher responsible

Dr Veronica Rappoport-Redondo NAB5.29


This course is available on the MPA in European Public and Economic Policy, MPA in International Development, MPA in Public Policy and Management, MPA in Public and Economic Policy, MPA in Public and Social Policy, MSc in International Employment Relations and Human Resource Management, MSc in International Management and MSc in Management and Strategy. This course is available with permission as an outside option to students on other programmes where regulations permit.

Priority will be given in the following order: IMEX students (home and visiting); other students from the MES Group and International Relations; all other LSE students.

Course content

The course looks at the process of globalisation at three levels: industries, firms and nations. Its goal is to develop a solid understanding of the external, economy-wide factors that affect the performance and management of firms in today's global economy. Topics include the changing structure of industries; the response of companies, both those based in the advanced industrial countries and those based in emerging markets, to increasing international competition; and differences between countries in their institutions and policies.


30 hours of lectures in the MT.

Formative coursework

A seminar presentation on a topic related to the course.

Indicative reading

Useful books for background reading are Robert Feenstra and Alan Taylor, International Economics, Worth Publishers, 2012; Giorgio Barba Navaretti & Anthony J Venables, Multinational Firms in the World Economy, Princeton, 2004; and Andrew Abel, Ben Bernanke and Dean Croushore, Macroeconomics, Addison-Wesley Longman Publishing, 2011. Detailed reading lists will be provided for each of the ten lectures.


Essay (40%, 3000 words) and in class assessment (60%) in the MT.

Key facts

Department: Managerial Economics and Strategy Group

Total students 2012/13: 40

Average class size 2012/13: 13

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Team working