
Explore how scarcity drives resource allocation and how supply, demand, and equilibrium shape markets; compare micro and macro perspectives and the role of fiscal and monetary policy.
Understand how countries interact through trade, finance, and policies in global economics. Explore comparative advantage, exchange rates, and balance of payments shaping interdependent world markets.
Explore comparative advantage and the gains from trade through country specialization and exchange. Learn about tariffs, quotas, non-tariff barriers, and regional trade agreements that shape global economics.
Explore how scarcity and comparative and absolute advantages drive global trade, explain the production possibility frontier and opportunity costs, and examine tariffs, rules, and sustainability in a rule-based system.
Explore how exchange rates determine the price of one currency in terms of another, how the forex market and central banks shape regimes—fixed, floating, and managed—to influence international trade.
Learn how the balance of payments records a country's international transactions, with a current and a capital account. A surplus means exports exceed imports; a deficit signals the opposite.
Explore how the IMF and World Bank stabilize the international monetary system, reduce poverty, and promote sustainable development, while central banks manage crises through monetary policy and liquidity.
Explore how BRICs challenge G7 dominance through infrastructure investment and global trade. Discover the potential BRICs currency backed by gold and the growing use of yuan, ruble, and rupee.
A tariff is announced. A currency moves. Oil prices jump. What happens next — and what should a business, investor or policy analyst do?
This practical global economics course gives you a repeatable way to move from headline to decision. You will learn the essential ideas behind international trade, exchange rates, balance of payments, capital flows and global institutions. More importantly, you will apply them through short calculations, realistic cases and a final country brief.
You will use a four-step method: identify the shock, trace the transmission channels, map winners and losers, and recommend a decision. Worked examples show how comparative advantage changes trade choices, how a currency move affects an importer’s landed cost, how tariffs alter margins and demand, and how official forecasts can differ without one source being “wrong.”
Inside the course you will build: a global-economy flow map; comparative-advantage and tariff calculations; an exchange-rate cost model; a simplified balance-of-payments ledger; a shock mechanism map; and a one-page country economic risk brief.
The downloadable toolkit includes a step-by-step workbook, three checklists, editable analysis templates, a quick-reference sheet, a 7-day action planner, self-assessments and a capstone rubric.
This course is designed for business and finance professionals, analysts, consultants, students, exporters, importers and founders who want practical economic literacy without advanced mathematics. Basic familiarity with supply and demand helps, but every technical term and calculation is explained in plain language.
By the end, you will not merely recognize global-economy vocabulary. You will be able to explain a shock clearly, calculate a first-order effect, challenge weak evidence and present a defensible recommendation.
Important: examples are educational and are not investment, legal or policy advice. Time-sensitive figures are dated and sourced so you can refresh them.