- Level Professional
- Duration 11 hours
- Course by IE Business School
-
Offered by
About
This is the last of the three courses part of the Globalization, Economic Growth and Stability Specialization.¨Business Opportunities and Risks in a Globalized World¨ is the the 3rd and final course of the ¨Globalization, Economic Growth and Stability¨ Specialization taught by IE Business School's Professor Gayle Allard. This course is designed to help an investor, businessperson or economist approach macroeconomic, institutional and international data and derive information from the indicators that point to the types of opportunities and risks that they present. Students will gain practice by handling the data of some of the largest economies in the world –the United States, Japan, the European Union, China and India—and “reading the story” of their economies from their data, yielding surprisingly profound conclusions about their present and future. The course is the third in a series for the specialization but it is also a stand-alone course for anyone who wants practice in practical macroeconomics. This course includes 4 modules, each one deep-diving into the macroeconomic circumstances that have been brought up in the recent history of four key regions: the USA, Japan, Europe, and China and India. Students will analyze the ways in which international economies relate with one another, the benefits of trade and migration and economic development and how it occurs, among other themes. Professor Allard takes overarching macroeconomic theory and turns it into a practical tool for those interested in the opportunities and risks of investment and doing business in each of the four regions covered.Modules
Risks and Opportunities in a Globalized Economy
2
Videos
- Introduction to the Course
- Theory Recap: Risks & Opportunities
Getting Up to Speed with the U.S. Economy
4
Videos
- Introducing the U.S. Economy
- Theory Recap: The U.S.
- The Basic Macroeconomic Relationships in the U.S. 1: Business Cycles and Gaps
- The Basic Macroeconomic Relationships in the U.S. II: Inflation, Unemployment, the Phillips Curve and Growth
Evaluating Policy in the U.S.
1
Assignment
- Week 1 Quiz: The U.S.
6
Videos
- Fiscal Indicators and the U.S. Business Cycle
- Does the U.S. Have a Public Debt Problem?
- Monetary Policy in the United States
- The U.S. Current Account and its Risks
- Ease of Doing Business and U.S. Inequality
- Risks and Opportunities for Investors in the U.S.
2
Readings
- The World Bank's Ease of Doing Business Ranking
- Optional Reading Material
Getting Up to Speed with the Japanese Economy
8
Videos
- Introducing the Japanese Economy
- Theory Recap: Japan
- The Basic Macroeconomic Indicators in Japan: Pursuing Growth
- Expansive Fiscal Policy in Japan
- Does Japan Have a Public Debt Problem?
- Ultra-Expansive Monetary Policy in Japan: Quantitative Easing
- Seeking Growth from Foreign Sources: Japan's Current Account
- The Currency: Key to Japan's Growth Strategy
1
Readings
- Japan's Debt in Real-Time
Doing Business in Japan
1
Assignment
- Week 2 Quiz: Japan
3
Videos
- Japanese Demography and its Risks
- What do these Opportunities and Risks Mean for Investors?
- Japan Summarized
1
Readings
- Optional Reading Materials
Getting Up to Speed with the EU's Economy
7
Videos
- Introducing the European Union
- Theory Recap: The EU
- Why Did Europe Choose Economic Integration? Options and History
- The EU Macroeconomy and Contrasts with the United States
- Fiscal Contrasts Between the EU and the United States
- EU-Wide GDP Growth and Gaps
- Making the Single Monetary Policy Work: Fiscal Transfers and Free Movement of Labor
Spain and the Economic Crisis
2
Videos
- Spain's Macroeconomy in the Global and Eurozone Crisis
- How Does a Eurozone Country Recover? Austerity in Spain and Turning to Foreign Demand for Growth
1
Readings
- Spain: A Successful Story of Recovery From the Crisis?
The UK's Role in the European Union & Brexit
5
Videos
- The UK's Conflicted Relationship with the EU and Brexit
- How Will the UK Leave the EU?
- The Effects of Brexit on UK Industries
- The Effects of Brexit on the British Macroeconomy
- Why Did Brexit Occur? Another Impossible Trinity
1
Readings
- Brexit: All you need to know about the UK leaving the EU
Doing Business in the EU
1
Assignment
- Week 3 Quiz: The European Union
1
Videos
- Risks and Opportunities for Investors in the EU
1
Readings
- Optional Reading Materials
Getting Up to Speed with Indian and Chinese Economy
4
Videos
- Introducing India and China
- Theory Recap: India and China
- GDP and Growth, from Ancient Times to the Present
- Human Development Indicators in India and China
Reading the Data: Two Different Economies
4
Videos
- Two Different Growth Models: Internal vs External Drivers
- Two Different Currencies
- Two Different Demographies
- Two Different Institutional Environments
1
Readings
- Is China´s Economy Becoming Japanese
Doing Business in India and China
1
Assignment
- Week 4 Quiz: India and China
2
Videos
- Risks and Opportunities in India and China
- Course Wrap-Up
1
Readings
- Optional Reading Materials
Now let´s apply what you´ve learned!
1
Assignment
- Let´s see if you remember the theory
1
Peer Review
- Final Presentation: Peer Graded
4
Videos
- RECAP: BUSINESS OPPORTUNITIES AND RISKS IN A GLOBALIZED ECONOMY
- PROJECT INSTRUCTIONS
- PROJECT: GENERAL FEEDBACK
- CAPSTONE CONCLUSIONS
1
Readings
- Instructions
Auto Summary
Unlock a world of business insights with the course "Business Opportunities and Risks in a Globalized Economy," a comprehensive and essential learning experience for professionals in the Business & Management domain. This course is expertly crafted by Professor Gayle Allard of IE Business School and is the culminating part of the Globalization, Economic Growth, and Stability Specialization. However, it also stands on its own as a valuable resource for anyone interested in practical macroeconomics. Designed for investors, businesspeople, and economists, this course delves into macroeconomic, institutional, and international data to uncover the opportunities and risks present in today's interconnected economies. Learners will engage with data from major global economies, including the United States, Japan, the European Union, China, and India, to draw insightful conclusions about their current states and future trajectories. The course is structured into four detailed modules, each focusing on the recent economic history and macroeconomic conditions of these key regions. Students will explore how international economies interact, the advantages of trade and migration, and the mechanisms of economic development. Professor Allard's approach transforms macroeconomic theory into a practical tool for identifying business opportunities and assessing risks in various regions. Offered through Coursera, this professional-level course spans approximately 660 minutes of engaging content. Subscriptions start at the Starter level, making it accessible for those eager to enhance their understanding of global economic dynamics and leverage this knowledge for strategic decision-making in business and investment.

Gayle Allard