About this Course
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Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Intermediate Level

Intermediate Level

Hours to complete

Approx. 13 hours to complete

Suggested: 4 weeks of study, 2-3 hours of study time/week...
Available languages

English

Subtitles: English, Spanish, Arabic
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Intermediate Level

Intermediate Level

Hours to complete

Approx. 13 hours to complete

Suggested: 4 weeks of study, 2-3 hours of study time/week...
Available languages

English

Subtitles: English, Spanish, Arabic

Syllabus - What you will learn from this course

Week
1
Hours to complete
2 hours to complete

The USA: GDP, Inflation and Unemployment; Growth and Gaps: Reviewing the Basic Relationships.

The US economy is not only the world´s largest, but also one of the most free-market developed economies; and its data is abundant and excellent. It provides an ideal opportunity for students to review the basic macroeconomic and policy variables and relationships, and to identify these or detect their absence in the real world. In the process, they can make the first steps toward determining how “normal” or especially good situations provide business opportunities and how departures from the rules point up situations that are risky for businesses operating in that country. ...
Reading
12 videos (Total 67 min), 2 readings, 1 quiz
Video12 videos
Theory Recap: Risks & Opportunities11m
Introducing the U.S. Economy2m
Theory Recap: The U.S.8m
The Basic Macroeconomic Relationships in the U.S. 1: Business Cycles and Gaps6m
The Basic Macroeconomic Relationships in the U.S. II: Inflation, Unemployment, the Phillips Curve and Growth5m
Fiscal Indicators and the U.S. Business Cycle6m
Does the U.S. Have a Public Debt Problem?5m
Monetary Policy in the United States4m
The U.S. Current Account and its Risks5m
Ease of Doing Business and U.S. Inequality3m
Risks and Opportunities for Investors in the U.S.4m
Reading2 readings
The World Bank's Ease of Doing Business Ranking10m
Optional Reading Material10m
Quiz1 practice exercise
Week 1 Quiz: The U.S.20m
Week
2
Hours to complete
2 hours to complete

Japan: Current Accounts and Currencies: International Economics Relationships

Japan, also one of the world´s giants, has followed a particular growth and development strategy which is reflected in its macroeconomic and international data. We will explore in this segment Japan´s data, in contrast to the United States, and find the unique policy challenges that this strategy presents for Japan, and the opportunities and risks that it implies for investors. ...
Reading
11 videos (Total 55 min), 2 readings, 1 quiz
Video11 videos
Theory Recap: Japan9m
The Basic Macroeconomic Indicators in Japan: Pursuing Growth5m
Expansive Fiscal Policy in Japan5m
Does Japan Have a Public Debt Problem?5m
Ultra-Expansive Monetary Policy in Japan: Quantitative Easing4m
Seeking Growth from Foreign Sources: Japan's Current Account6m
The Currency: Key to Japan's Growth Strategy3m
Japanese Demography and its Risks6m
What do these Opportunities and Risks Mean for Investors?3m
Japan Summarized2m
Reading2 readings
Japan's Debt in Real-Time10m
Optional Reading Materials10m
Quiz1 practice exercise
Week 2 Quiz: Japan20m
Week
3
Hours to complete
2 hours to complete

The European Integration Experiment: The Benefits of Trade and Migration

The EU is the world´s largest trading area and if it were a country, it would be one of the world´s largest. European nations opted for an intense project of economic integration in the postwar period which has incorporated 28 nations, but one of them, the UK, is in the process of leaving. We will discuss in this section how this type of integration conditions growth, crisis and recovery, and the mechanisms that countries with a single monetary policy and a single currency have (and do not have) to adjust their economies. What did we learn from the Eurozone crisis and the vote by so many UK citizens to leave Europe, and what are the implications for businesses operating in this region?...
Reading
15 videos (Total 90 min), 3 readings, 1 quiz
Video15 videos
Theory Recap: The EU13m
Why Did Europe Choose Economic Integration? Options and History6m
The EU Macroeconomy and Contrasts with the United States4m
Fiscal Contrasts Between the EU and the United States5m
EU-Wide GDP Growth and Gaps2m
Making the Single Monetary Policy Work: Fiscal Transfers and Free Movement of Labor7m
Spain's Macroeconomy in the Global and Eurozone Crisis6m
How Does a Eurozone Country Recover? Austerity in Spain and Turning to Foreign Demand for Growth5m
The UK's Conflicted Relationship with the EU and Brexit4m
How Will the UK Leave the EU?2m
The Effects of Brexit on UK Industries7m
The Effects of Brexit on the British Macroeconomy7m
Why Did Brexit Occur? Another Impossible Trinity6m
Risks and Opportunities for Investors in the EU8m
Reading3 readings
Spain: A Successful Story of Recovery From the Crisis?10m
Brexit: All you need to know about the UK leaving the EU10m
Optional Reading Materials10m
Quiz1 practice exercise
Week 3 Quiz: The European Union26m
Week
4
Hours to complete
2 hours to complete

India and China: Economic Development, How it Occurs, and the World's Upcoming Giants

The final segment of the course turns toward the two emerging giants, India and China, and contemplates their past and future development strategies and thee risks and opportunities that they entail. Development itself is discussed, and how it occurs, and the strategies that nations may choose. The different components of GDP (C, I, G and X-M) are compared between India and China over a long period, to see what have been the different drivers for growth in the two countries over time. Special attention is paid in this section to institutional indicators, which are very different from developed countries, and the divergent demographic trends in the two countries; and the implications of those differences for the future....
Reading
10 videos (Total 64 min), 2 readings, 1 quiz
Video10 videos
Theory Recap: India and China8m
GDP and Growth, from Ancient Times to the Present3m
Human Development Indicators in India and China7m
Two Different Growth Models: Internal vs External Drivers11m
Two Different Currencies4m
Two Different Demographies5m
Two Different Institutional Environments9m
Risks and Opportunities in India and China8m
Course Wrap-Up3m
Reading2 readings
Is China´s Economy Becoming Japanese10m
Optional Reading Materials10m
Quiz1 practice exercise
Week 4 Quiz: India and China20m

Instructor

Avatar

Gayle Allard

Professor
Economics

About IE Business School

IE Business School is an internationally recognized business school where the leaders of tomorrow shape their ideas and learn to become global citizens. For over 40 years, IE Business School has promoted innovation and change in organizations, equipping managers with an entrepreneurial mindset that generates employment, wealth, and social well-being. Regularly featured among the top business schools in the world, IE Business School has an urban campus in Madrid and a faculty of more than 400 professors who teach students from approximately 90 countries in its undergraduate and master programs. IE uses innovative online, face-to-face, and blended learning formats, including the IE Communities Platform where knowledge and experiences are exchanged with over 50,000 IE graduates that currently hold management positions in more than 100 countries worldwide....

About the Globalization, Economic Growth and Stability Specialization

This Specialization aims to make economic concepts accessible to every learner, and to teach them to analyze current events using the toolkit of economics. It begins by explaining the basic parameters of the macroeconomy, and how governments can/should use both fiscal and monetary policy to influence growth, inflation and employment. It then moves on to the international arena, where countries interact, and explains the basic principles of free trade, exchange rates, the balance of payments and immigration and how these interactions affect our everyday lives. Finally, learners will apply these tools and concepts to the world's leading economies and discover how they can "read" from a country's economic data important lessons about the risks and opportunities of doing business in these countries, equipping them with tools that they can use in the workplace and even in their personal investment decisions....
Globalization, Economic Growth and Stability

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.