Understanding Globalization: Preparing for the 21st Century
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Upon completion of the course the student will be conversant with the basics of the debate on Globalization. The course is designed to bring the student "up to speed" on the fundamentals of this important topic.
The student will learn the following:
- Why critics argue that global economic expansion creates poverty in many countries
- Why the U.N., WTO, and IMF are controversial
- How to define, understand, and use basic concepts in global economics such as: Comparative Advantage Trade Deficit Exchange Rate GDP, GNP and Income per Capita
- How to understand the fundamental economic issues related to Globalization, including: Outsourcing Tariffs and Protectionism Policies of the IMF Free Trade Associations: NAFTA
- How to understand basic arguments on political and cultural issues, such as: Human Rights Cosmopolitanism Nationalism
In addition to factual knowledge in the areas listed above, the student will learn researching, communication, and thinking skills.
Assessment
Assessment includes:
- Facilitator reviews of student questions and comments on Discussion Board
- Continuous student self-assessment using question/answer exercises
- Online multiple-choice quizzes
- Final exam (objective, multiple-choice questions)
1. Introduction: What is Globalization? ???Impressions ???Definitions ???Causes ???Global Profiles of Dow 30 ???Unequal Economic Expansion ???Culture Wars ???Global Moral Values ???World Government ???Current Governing Organizations ???Introduction: Quiz
2. Economic Aspects ??? 2.1 Definitions and Concepts ??????Absolute Advantage ??????Comparative Advantage ??????Trade Balance - Is a Trade Deficit Bad? ??????Economics: Short Quiz 1 ??????Interest Rates ??????Exchange Rates ??????National Debt and Foreign Borrowing ??????International Capital Flows ??????GDP, GNP and Income per Capita ??????The Formula: How to Measure GDP ??????Economics: Short Quiz 2 ???2.2 Fact Gathering ??????What Are the Disparities in Global Incomes? ???2.3 Issues ??????Does Globalization mean that Countries Compete? ??????Outsourcing: Do Sweatshops Hurt Developing Countries? ??????Are tariffs justified? ??????Structure and Policies of the IMF ??????Structure and Policies of the WTO ??????Stiglitz''''s Critique of the IMF: Does the IMF cause poverty? ??????Do Free Trade Associations Work? ??????The Example of NAFTA ??????A Skeptical View ??????What Causes Economic Development?
3. Political Aspects ???Foundations of Freedom ???Increasing Freedom and Democracy ???The Case for World Government ???The Disappearance of Borders: Mexico/USA ???Short Quiz
4. Cultural Aspects ???McDonald''''s ???Religious Symbols: The Headscarf Ban ???Capitalism and Values ???The End of Nationalism ???Global Consciousness ???Universal Rights
5. Personal Aspects: What Does This Mean To Me? ???What is My Future? ???Personality Traits ???The New Management ???Final Exam
Contact Hours: 10
