Course

Globalization, Economic Growth and Stability

IE Business School

This Specialization on Globalization, Economic Growth and Stability offered by IE Business School aims to make economic concepts accessible to learners and teach them to analyze current events using the toolkit of economics.

It begins by explaining the basic parameters of the macroeconomy and how governments can influence growth, inflation, and employment through fiscal and monetary policy. Learners will then delve into the international arena, understanding free trade, exchange rates, the balance of payments, and immigration and how these interactions affect everyday lives. Finally, they will apply these tools and concepts to the world's leading economies, discovering important lessons about the risks and opportunities of doing business in these countries.

The course content spans three modules, covering economic policymaking, trade, immigration, exchange rates in a globalized world, and business opportunities and risks in a globalized economy.

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Globalization, Economic Growth and Stability
Course Modules

This specialization consists of three modules. The first module focuses on economic policymaking, the second module delves into trade, immigration, and exchange rates in a globalized world, and the third module explores business opportunities and risks in a globalized economy.

Understanding economic policymaking

Master macroeconomic indicators, fiscal policy, and real-world deficits, debts, and monetary policy. Explore exchange-rate and structural policies, policy interactions, and policy challenges in leading economies. Analyze quantitative easing, austerity policies, "Abenomics," and policymakers' pursuit of growth. Run a country simulation.

Trade, Immigration and Exchange Rates in a Globalized World

Learn how currency values impact the macroeconomy. Understand exchange rate regimes worldwide. Identify global growth model links to the balance of payments. Explore current and financial accounts, deficits, and surpluses. Analyze migration's macro impact, objections, and economists' responses. Discuss challenges in globalization, sovereignty, and democracy.

Business Opportunities and Risks in a Globalized Economy

Master forex valuation, macroeconomic impact, and government influence on currency values. Comprehend trade theories, identify trade "losers," and analyze effects on economies. Explore global accounts, deficits, surpluses, migration's macro role, and challenges in globalization.

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