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Global Economics: Trade, FX & Policy Analysis
Rating: 4.1 out of 5(11 ratings)
1,995 students

Global Economics: Trade, FX & Policy Analysis

Decode trade shocks, exchange rates, capital flows and policy decisions with current cases, data tools
Created byRekha Kumari
Last updated 4/2026
English
English [Auto],

What you'll learn

  • Map how goods, services, money and policy move through the global economy.
  • Calculate comparative advantage, tariff landed cost and first-order exchange-rate effects
  • Reconcile a simplified balance of payments and distinguish current, capital and financial flows.
  • Evaluate the distinct roles of the WTO, IMF and World Bank in a global economic event.
  • Analyze a trade, currency or energy shock with the four-step Shock-to-Decision method.
  • Build and present a sourced one-page country economic risk brief with a clear recommendation.

Course content

6 sections8 lectures1h 4m total length
  • Understanding Economic engine ?7:20

    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.

  • Introduction to Global Economics !9:49

    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.

  • Answer the following questions ?

Requirements

  • No advanced mathematics or economics degree is required.
  • Basic familiarity with supply, demand and percentages is helpful; a refresher is included.
  • Use Excel or Google Sheets for two guided calculations; a ready-made workbook is provided.
  • Bring one current economic headline and choose one country or market for the capstone

Description

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.

Who this course is for:

  • Early-career analysts, consultants and managers who explain global developments to stakeholders.
  • Finance, business, economics, public-policy and international-relations students.
  • Exporters, importers, founders and operators exposed to currency, trade or energy costs.
  • Curious professionals who want evidence-led economic literacy in a concise format.
  • Not intended as advanced econometrics, trading advice or a substitute for country-specific professional advice.