Economics of Global Business

Catalog description

This course examines the forces driving globalization-the integration of national business activities into globally competitive markets. The first part of the course discusses international trade-the role of comparative advantage and the gains from trade and the reasons for and effects of government policies that create impediments to trade. The second part of the course provides an overview of macroeconomic measurement and basic theoretical concepts of macroeconomics. The third part of the course surveys the role of money and finance in global economic activity. Topics discussed include the role of exchange rates and international flows of capital.