Globalization (an SAS Advanced Topics Course) is a college level course designed to offer students an opportunity to delve more deeply into the international economy than our introductory courses allow. First quarter topics include: free trade theory; barriers to free trade; foreign exchange; and international financial crises. The second quarter will address specific issues in globalization, including outsourcing, migration, China, the EU, and sovereign wealth funds. All students will write a research paper. This course is identified as being equivalent to an honors course on transcripts.
1. Reasons for Trade the the Theory of Comparative Advantage
2. The Benefits of Free Trade
3. Protectionism
4. Economic integration and the WTO
5. The Balance of Payments
6. Exchange Rates
7. Monetary Policy and its Impact on Interest Rates and Exchange Rates
8. The relationship between The Impact of the Domestic Macroeconomy on International Trade
9. Balance of Payment Problems
10. The Terms of Trade
11. Globalization
1. The Sources of Economic Growth and Development
2. The Consequences of Economic Growth and Development
3. The Barriers to Economic Growth and Development
4. Economic Growth and Development Models
5. Economic Growth and Development Strategies
6. Development Economics