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Course Description

Understanding Globalization (G102)

Description

Globalization is the process of integrating national economies, political structures, and cultures into a single, world-wide, interdependent system.

In this course we will explore the economic, political, and cultural aspects of Globalization.

This self-paced course examines both sides of the Globalization debate in a unique, interactive learning environment.

The course includes:

  • 29 learning modules
  • 80 short question/answer exercises
  • Links to online resources and databases
  • Discussion Board

Modules cover a single topic. Each module uses 2-3 question/answer exercises designed to facilitate learning. Exercises involve data gathering, chart making, research, readings, and links to other sites. Modules take 10 - 30 minutes to complete. The discussion board allows you to share your ideas with other students.

Assessment

Assessment includes:

  • Facilitator reviews of student questions and comments on Discussion Board
  • Continuous student self-assessment using question/answer exercises

Educational Outcomes

The student will learn the following:

Fundamentals of Global Economics

   How to define, understand and use the concepts of:

  • Absolute Advantage
  • Comparative Advantage
  • Trade Balance and Trade Deficits
  • Interest Rates and Inflation
  • Exchange Rates and Foreign Trade
  • National Debt and Foreign Borrowing
  • International Capital Flows
  • GDP, GNP and Income per Capita

   How to understand the fundamental economic issues of:

  • Disparities in Global Incomes
  • Outsourcing - Does outsourcing help or hinder?
  • Tariffs and Protectionism - Are tarriffs helpful?
  • Policies of the IMF - Do they cause or relieve world poverty?
  • Policies of the WTO - Are they unfair to developing nations?
  • Free Trade Associations - Do they help? The example of NAFTA
  • The Causes of Economic Development

Fundamentals of the political aspects of Globalization

  • How freedom and democracy are increasing
  • The arguments for and against world government
  • How national borders are disappearing

Fundamentals of the cultural aspects of Globalization

  • How values come into conflict: the case of McDonald's
  • Why people argue against extreme nationalism
  • The universal rights of world citizens

Fundamentals of the personal and career aspects of Globalization

  • The probable future
  • How to assess your personality traits
  • How to understand the New Management