EENI Global Business School

Quantitative Methods (International Business)



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Syllabus of the Subject

Quantitative Methods applied to International Business

Bachelor of Science in International Trade  

Bachelor of Science in International Trade

The Subject “Quantitative Methods applied to International Business” consists of three parts:

Part 1. Introduction to Quantitative Methods

Unit 1. Concept and content of statistics:

  1. Concept and content of statistics
  2. Population and sample
  3. Statistical analysis: Descriptive statistics and statistical inference
  4. Data. Classification of data
  5. Business applications

Part 2. Descriptive analysis

Unit 2. Descriptive analysis of a variable

  1. Distribution of frequencies
  2. Graphical representation

Unit 3. Position Measures:

  1. Position Measures of central tendency
  2. Properties of Position Measures of the central tendency
  3. Location measures: quartiles

Unit 4. Measures of dispersion, form and concentration

  1. Measures of dispersion
  2. Measures of form
  3. Concentration measures
  4. Standardised variable
  5. Exploratory data analysis
  6. International Business applications

Unit 5. Two-dimensional descriptive analysis:

  1. Distributions of joint frequencies
  2. Conditioned distributions
  3. Statistical independence

Unit 6. Association between variables:

  1. Scatter plot
  2. Linear association: covariance
  3. Pearson correlation coefficient
  4. Linear adjustment

Unit 7. Index numbers:

  1. What are and what are the index numbers
  2. Calculation of index numbers. Laspeyres and Paasche
  3. Measures of inequality
  4. Change of base and link of series of index numbers
  5. Deflation value series

Unit 8. Time series:

  1. Concept and graphic representation
  2. Components
  3. Analysis of trend
  4. Seasonal variations
  5. Rates of variation

Part 3. Practical applications

Unit 9. Application of statistics to the Foreign Trade

  1. The main global statistical sources related to the International Business (WTO, WB, IMF, Development Banks, etc.)
  2. Techniques of analysis of the data obtained with spreadsheet

The objectives of the subject “Quantitative Methods applied to International Business” are the following:

  1. To provide students with the necessary knowledge to know how to collect, process and interpret data using the statistical techniques
  2. To learn how to apply the different statistical techniques to the study of the international markets
  3. To know how to produce reports and works, with a certain quantitative basis
  4. To familiarise the student in the search for statistical information related to international business

Languages: Masters, Doctorate, International Business, English or Study Master Doctorate in International Business in Spanish EENI Study Doctorate in International Business in French EENI Masters Foreign Trade in Portuguese EENI.

  1. Credits of the Subject “Quantitative Methods applied to International Business”: 6 ECTS
  2. Duration: six weeks

Quantitative Methods applied to International Business
Quantitative methods (International Trade)

Quantitative Methods applied to International Business.

The word “statistic” comes from the word “state” because it was the primary function of the governments of the states to establish registers of population, births, deaths, etc. Nowadays most people understand by statistics the set of data, tables, and graphs, which are usually used to conclude things of interest.

At present, statistics are understood as a method for making decisions. Hence it is used in many studies such as those carried out in the field of international business.

There are computer programs (including spreadsheets) that allow us to process information for results that help to export and import companies to plan their business.

Main global statistical sources related to International Business:

  1. United Nations
  2. UNCTAD
  3. ITC
  4. WB
  5. WTO
  6. IMF
  7. Organization for Economic Cooperation and Development
  8. ICC

Main African statistical sources related to International Business:

  1. African Development Bank
  2. United Nations Economic Commission for Africa
  3. African Union
  4. Arab Maghreb Union (AMU)
  5. Economic Community of West African States (ECOWAS)
  6. West African Economic and Monetary Union (WAEMU)
  7. Intergovernmental Authority on Development
  8. East African Community
  9. Common Market for Eastern and Southern Africa (COMESA)
  10. COMESA-EAC-SADC Agreement
  11. Southern African Customs Union (SACU)
  12. Community of Sahel-Saharan States (CEN-SAD)
  13. Economic Community of Central African States
  14. Central African Economic and Monetary Community (CEMAC)

Department of Trade (African Union) Master

Socio-economic context - Economic Community of West African States (ECOWAS)

Main Asian statistical sources related to International Business:

  1. Asian Development Bank
  2. ESCAP
  3. ASEAN
  4. SAARC
  5. BIMSTEC
  6. Shanghai Cooperation Organization (SCO)
  7. Asian Clearing Union
  8. Economic Cooperation Organization (ECO)
  9. APEC
  10. Pacific Islands Forum (PIF)
  11. Oceania Customs Organization (OCO)
  12. Indian-Ocean Rim Association
  13. Eurasian Economic Community (EurAsEC) - Succeeded by the Eurasian Economic Union (EAEU)
  14. Eurasian Economic Union (EAEU)

Main Latin American statistical sources related to International Business:

  1. OAS
  2. Inter-American Development Bank (IADB)
  3. ECLAC
  4. Latin American Integration Association (ALADI)
  5. UNASUR
  6. Association of Caribbean States

(c) EENI Global Business School (1995-2024)
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