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Understanding Global Economics

Understanding Global Economics

Enrolled3-4 Hours (Contains Video)
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  • Intermediate Level

Understanding Global Economics

Learn how national economies interact with one another and integrate into the global economy in this free online course.

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Learning Outcomes

In this free course, you will learn how to:

  • Recognise some global economic institutions and policies that emerged during the 20th century
  • State the purpose of regulations in trade policies
  • Outline the two main accounts in the balance of payments
  • Summarise the purpose of global governance and regulation in the context of globalisation
  • State the government's primary role in a capitalist economy
  • Recognise various market-based instruments
  • Discuss the impact of financial crises on the global economy
  • Explain the disadvantages of a banking crisis
  • Recognise the challenges that businesses are facing with the shift towards a digital economy
  • State the potential consequences of currency manipulation
  • Explain the role of GVCs (global value chains) to the world economy
  • Explain globalisation and its effects on the distribution of wealth within countries

Course Overview

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