International Business and the Global Economy (1 or 2 credits)
Course Description: The arena in which international business is conducted, the global economy, is comprised of many different actors and subject to many influences outside of day-to-day business. This course seeks to introduce students to the historical circumstances and theoretical debates that spurred the contemporary nature of the global economy and pertinent actors. In addition, the course explores, through relevant case studies and contemporary controversies, the challenges of integration by examining financial markets, supply chains, consumption patterns, attempts at regional integration, cultural and social resistance to globalization as well as the current reality of historical differences across countries participating in the global economy. The objective of providing this conceptual, theoretical, historical background is to make future business students aware of the complexity in which international business is run today and to demonstrate how webs of global manufacturing, marketing, and consumption underpin today's urgent economic and political questions.
Note: This course is open to rising high school juniors and seniors.