IB 450 – THE BUSINESS ENVIRONMENT OF EUROPE Spring 2018Tuesday and Thursday 3:05-4:20 ; 004 Business Building; Professor Terrence Guay ; Office: 324 Business BuildingPhone: (814) 865-8490; Email: [email protected]Office Hours: T 1:30-3:00, Th 1:30-3:00 and by appointmentCOURSE OVERVIEWThis course provides an overview of the business, economic, and policy environment in Europe at the European Union (EU) and national levels. The course will examine how regional integration, through the EU, has shaped industrial, competition, monetary, and related economic policies, and how Europe’s international trade and finance capabilities affect the global economy. The course also will compare business-government-society relations and models of capitalism in individual European countries. While the primary focus of this course will be on these themes, we also will use articles from European news sources as the basis of discussion for a range of current topics related to Europe. The approach taken in this course is a multidisciplinary one, with the assumption that business executives must understand the political, cultural, institutional, historical, and geographic aspects of Europe if they are to be successful in the business environment of Europe.GRADING Grades for the course will be determined as follows:Exam #1 17.5% Attendance and Participation 20%Exam #2 17.5% Team Project 15% Weekly Quizzes 30%Letter grades will be assigned for each of the above. In calculating final grades, each letter will be converted to its equivalent number (A=4.0, A-=3.67, B+=3.33, etc.), multiplied by its weight, and summed. The total then will be converted back to a letter closest to its value and submitted on LionPath. So a student who got a “B” on both exams, “A-“ on the quizzes, “B+” for participation, and a “B” on the team project, would get a “B+” as a final grade ([3.0x.175]+[3.0x.175]+[3.67x.3]+[3.33x.2]+[3.0x.15] = 3.27, which is closest to 3.33, or “B+”).Exams:There will be two in-class exams on Thursday, February 22 and Thursday, April 12Make-ups will only be arranged for university-approved reasons. Please plan your schedules accordingly.