International business includes a broad range of microeconomic and macroeconomic topics critical to gaining an understanding of the global economic environment in which businesses operate and the role of governments and institutions as economic agents in that environment.
Chicago Booth's international business concentration prepares you to lead in the global environment. Our courses focus on such questions as: How are exchange rates determined? How can exchange-rate risk be managed? Why do some countries grow faster than others? What are the risks of conducting business in an emerging market? What are the determinants and impact of trade barriers such as tariffs and quotas? When does it make sense to establish a base of operations in a foreign country instead of producing domestically and exporting? The ability to answer these questions becomes increasingly important as you advance in your career in a global environment.