The Global Economy

(2.5 Credits)

This course explores the international macroeconomic and monetary environment within which businesses operate. It provides the concepts, relationships, and frameworks that can be used to better understand the performance of national economies and the interplay among national economies and financial markets. It examines the fundamental determinants of long-term economic growth, linkages among countries through trade, exchange rates, and the balance of payments, business cycles and recessions, inflation and deflation, and the effects of governments’ macroeconomic policies.