EXPORT-ORIENTED MANAGEMENT - IMC Fachhochschule Krems

Upon successful closure of the course/trip, it should give business aspirants a
multidimensional perspective on the current economic trends and their roots as well as
on the forthcoming economic policies and possible practices (including the new trends
towards the linking economic, political, social and environmental coherence).
It is to make students understanding the interdependent and often complex aspects of
power; culture; economics; (social engineering of) institutions; environment and
resources, rights and capabilities; international, supranational, national and sub-national
actors; possibilities and constraints of participatory techniques and competing
frameworks of strategic change, primarily within Europe.
Eventually, it is to make students, already by now, the intelligent consumers, diligent
thinkers and active players of any ongoing or forthcoming strategic change, which per se,
requires the buildup of strong partnership between government, business, research
community, labor and civil society.
After completing the course, students will be able to:
� explain and discuss features of sustainable development
� illustrate the relations between government, business, research community, labor
and civil society
� analyze and scrutinize development strategies
� consider resource availability and deployment in their decisions.
Prerequisites / Level
International Law and Institutions (Semester 5)
Economic Areas (Semester 2, 3 and 5)
Course Description
Students will review the main economic trends by topics and areas (EU, NAFTA, ASEAN,
and other relevant regions such as MERCOSUR) addressing the fundamental questions of
concern to the economic inter-relations and interactions (such as resources, production,
technology, trade, investments, corporate governance, social development, role of state
and IOs and good governance – governance tools, environmental concerns, energy and
sustainability). Arguments presented by economists will be examined (round-de-table
manner). Students will practically visit relevant international FORAs and meet
professionals and internationals of different cultural and professional backgrounds trying
to learn from, discuss and exchange views with them.
Literature
A Concise Economic History of the World (3rd or 4th revised Edition) Rondo
Cameron; Oxford University Press (first published 1989)
I. Serageldin, A. S. Younis; WB 1996
Economy, Ecology and Spirituality: Towards a Theory & Practice of Sustainability,
Advancing Sustainable Development: The World Bank and Agenda 21
Teaching Methods
This course is a research colloquium by which students, through their presentations, will
work towards the final integrated Report.
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