ECON 108 - Introduction to the Global Economy [GEGA]
An introductory-level course accessible to students who have had no prior exposure to economics. It explains the basic concepts and principles of global economics in a non-technical, non-mathematical manner. Students learn about the challenges and the opportunities that are presented by the globalization of the world economy.
Credit 3 hrs
Grade Mode Normal (A-F) Course Rotation
Students in the course acquire a basic understanding of, and appreciation for, the variety of economic systems, economic models and economic policies that have been adopted by different nations to guide their respective paths of economic growth and development. Students also receive an introduction to the web of economic relations that tie nations ever more tightly in the globalizing world economy.
The globalization of the world economy implies increasing integration among the economies of different nations. Economic interrelationships are complex and dynamic. Our competitors in the globalized world economy, such as China, India, and Japan, are at the same time our partners. This reality poses both challenges and opportunities. The possibility of achieving positive, peaceful outcomes is enhanced by a thorough understanding of the differences among the economies of the world.
Notes -
Summer 2024 Course Sections
Fall 2024 Course Sections
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