BUSINESS IN THE GLOBAL ECONOMY
Exploration of the forces, frameworks, and institutions that drive the global economy and the inherent issues managers face in planning and executing international business strategies. Topics include the history of globalization, global market dynamics, political economy, trade policies, cross-cultural management, and strategic decision-making in a global context.
Topics
- the history of globalization
- global market dynamics
- political economy
- trade policies
- cross-cultural management
- and strategic decision-making in a global context
Topics explicitly listed in official catalogue description
Prerequisites & course information
Requisites: Graduate/professional standing or declared in graduate Business Exchange program Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Spring 2026 Learning Outcomes: 1. Articulate the politics of trade at the national and supranational level and explain the tools governments use to impact trade and investment flows. Audience: Graduate 2. Explain how the forces of risk, culture, and macro- and national-level economic factors impact firm strategy when products and services go across national borders. Audience: Graduate 3. Explain the role of institutions such as the International Monetary Fund (IMF), World Bank, and the World Trade Organization (WTO) in facilitating trade and investment. Audience: Graduate 4. Describe the fundamentals of foreign currency risk and the international monetary system. Audience: Graduate 5. Analyze and evaluate the benefits and costs of various foreign entry strategies, including direct foreign investment. Audience: Graduate Learning Outcomes: 1. Articulate the politics of trade at the national and supranational level and explain the tools governments use to impact trade and investment flows. Audience: Graduate 2. Explain how the forces of risk, culture, and macro- and national-level economic factors impact firm strategy when products and services go across national borders. Audience: Graduate 3. Explain the role of institutions such as the International Monetary Fund (IMF), World Bank, and the World Trade Organization (WTO) in facilitating trade and investment. Audience: Graduate 4. Describe the fundamentals of foreign currency risk and the international monetary system. Audience: Graduate 5. Analyze and evaluate the benefits and costs of various foreign entry strategies, including direct foreign investment. Audience: Graduate
Sources
- Course catalogue ↗2026-2027