Learning Outcomes

In this free course, you will learn how to:

• Define the concept of globalization and its characteristics
• Identify the key drivers of globalization and their influence on the global economic system
• Analyse the interconnectedness of global markets and the flow of goods, services, capital, and people
• Evaluate the benefits and challenges of globalization to economies, societies, and cultures
• Explain the fundamentals of international trade and how it operates in today’s global economy
• Compare and contrast various trade theories and models to explain global trade and business patterns
• Recall the factors influencing international trade such as tariffs, quotas, subsidies, and exchange rates
• Discuss the role of trade policies and their impact on global markets and international relations
• Assess the impact of technological advancements on global trade and economic interdependence
• Summarise the historical evolution of globalization and how it transformed economies, cultures and societies worldwide
• Relate the functioning of global markets with international trade dynamics
• Review , assess and evaluate complex economic scenarios