Volume 73, #1

      “Economic Sciences: theory and practice” is scientific, refereed, biannual journal. The Journal of “Economic Sciences: theory and practice” has been founded by Azerbaijan State University of Economics in 1994.              
The Journal has been received to registration in the centre of international ISSN (International Standard Series Number, ISSN-2220-8739). Also, it has been included by the Supreme attestation Commission under the President of Azerbaijan Republic to the list of scientific publications on economic sciences.

About article

Dr. Shahin Bayramov Associated Professor, Department of International Economic Relations, Vice Rector for International Affairs and Programs, Azerbaijan State University of Economics – UNEC Visiting Scholar at the Pennsylvania State University (August 2015-April 2016)

In this regard, my paper mainly deals with Penn State's strong international focus and ongoing efforts to become a Global University. I am applying selected organizational theories and concepts to review Penn State's administration mechanism in international affairs and this flagship university’s global presence in general. The theories are loose and tight coupling, natural and rational systems, the Mathew effect, and population ecology, I use these theories to cover Penn State's university management system in terms of getting globally engaged, making students inter-culturally competent, and preparing global citizens.

Key words: higher education, globalization, internationalization, administration mechanism, university management system.

JEL classification: I23, I24