Gain a comprehensive understanding of the global economy with ECN500, a course designed to provide students with essential insights into the economic forces shaping the world. From international trade to global financial markets, this course covers key topics in global economics, empowering students to analyze economic trends, policies, and their impacts on businesses and nations.
 
Course Highlights:
Introduction to Global Economics: Understand the basic principles and concepts of global economics, including the importance of economic interdependence among nations and the impact of globalization on economic activities.
International Trade Theories: Explore fundamental theories of international trade, including comparative advantage, absolute advantage, and Heckscher-Ohlin theory, and understand how these theories explain trade patterns and policies.
Trade Policy and Agreements: Learn about different types of trade policies, such as tariffs, quotas, and trade agreements (e.g., NAFTA, EU, WTO), and understand their implications for international trade and economic relations.
Global Financial Markets: Gain insights into the structure and functioning of global financial markets, including foreign exchange markets, international banking, and capital flows, and understand their role in the global economy.
Economic Development and Growth: Understand the factors that contribute to economic development and growth in different countries, including the role of institutions, technology, education, and infrastructure.
Exchange Rates and Balance of Payments: Learn about exchange rate determination, different exchange rate regimes (fixed vs. floating), and the balance of payments, including current and capital accounts.
Global Economic Institutions: Explore the roles of major global economic institutions such as the International Monetary Fund (IMF), World Bank, and World Trade Organization (WTO), and understand how they influence global economic policies and stability.
International Monetary System: Understand the evolution and current state of the international monetary system, including the role of key currencies (e.g., USD, EUR, JPY) and the impact of monetary policy on global trade and investment.
Economic Crises and Policy Responses: Analyze past global economic crises (e.g., 2008 financial crisis, Eurozone crisis) and the policy responses implemented to address them, including monetary and fiscal policies.
Emerging Markets and Developing Economies: Learn about the challenges and opportunities faced by emerging markets and developing economies, including issues related to trade, investment, and sustainable development.
Global Economic Trends: Explore current trends and issues in the global economy, such as globalization, digital economy, trade wars, and economic inequality, and understand their implications for businesses and policymakers.
 
Who Should Enroll:
ECN500 is ideal for students pursuing degrees in economics, international business, finance, or related fields, as well as professionals seeking to deepen their understanding of global economic dynamics. This course is suitable for individuals interested in careers in international trade, economic policy, global finance, or those looking to broaden their perspective on global economic issues.