- Level Foundation
- Duration 21 hours
- Course by Princeton University
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Offered by
About
What is globalization and how does it work? How can we understand the process as a whole? How are the parts of the world linked? What are the risks of living in a world where “no one is in charge”? This course introduces students to systems thinking, network theory, and risk analysis and uses these tools to better understand the process of globalization. Focusing on trade, finance, and epidemiology, it analyzes potential challenges to the current global order. The course will be of interest to those studying global affairs, system dynamics, and world governance. It offers a set of heuristics that students can use to analyze contemporary global challenges. Linking the recording of Abbey Road to the COVID-19 pandemic provides new insights into the apparently chaotic world around us. Complex systems form the backbone of our increasingly interconnected and interdependent society. What were once more localized economies, supply chains, and social-ecological systems are now rapidly globalizing, and interacting with one another across countless spatial and temporal scales as technologies expand at ever greater velocities. These tightly coupled systems deliver greater efficiency and prosperity, but at the cost of greater fragility and the threat of catastrophic failure. This “global systemic risk” has implications in all functional domains affecting our daily lives—from the global financial system to healthcare, to critical infrastructure networks. Organized with 7-10 minute classes grouped together into longer modules, the course will have a linear “core” curriculum presented at the introductory level, with the potential for optional offshoots that give learners a more in-depth look into certain areas with more technical content.Modules
Week 1: Getting Started
1
Discussions
- Introduce Yourself!
1
Readings
- Welcome to the Course!
Week 1: Introduction, What is Globalization?
8
Videos
- Global Systemic Risk
- What is Globalization?
- Defining Globalization: Human Mobility
- Defining Globalization: Money
- Defining Globalization: Trade
- Defining Globalization: Governance
- Defining Globalization: Infrastructure
- Why Globalization?
1
Readings
- Week 1: Overview
Week 1: Debating Globalization
3
Videos
- Debating Globalization
- Debating Globalization: Inequality
- Debating Globalization: Environment
Week 1: Interviews
3
Videos
- Migration: A Conversation with Doug Massey
- Environment: A Conversation with Michael Oppenheimer
- Economy as a System: A Conversation with Doyne Farmer
Week 1: Discussion
1
Discussions
- Discussion 1: Debating Globalization
Week 1: Quiz
1
Assignment
- Week 1 Quiz
Week 2: Systems
5
Videos
- Systems
- Complex Adaptive Systems
- Complexity Theory
- Mechanisms of Complex Systems
- System Robustness and Resilience
1
Readings
- Week 2: Overview
Week 2: Networks
2
Videos
- Networks
- Types of Networks
Week 2: Interviews
3
Videos
- Ecological Thinking: A Conversation with Simon Levin
- Network Flows and Queuing Theory: A Conversation with Bill Massey
- Data Management: A Conversation with Mike Atkin
Week 2: Discussion
1
Discussions
- Discussion 2: Systems, Networks, and Complexity
Week 2: Quiz
1
Assignment
- Week 2 Quiz
Week 3: Risk
6
Videos
- Risk
- Sources of Risk
- Additional Sources of Risk
- Global Systemic Risk
- An Intractable Challenge
- Examples of Global Systemic Risk
1
Readings
- Week 3: Overview
Week 3: Interviews
4
Videos
- Uncertainty and Risk: A Conversation with Elke Weber
- Critical Infrastructure: A Conversation with Paul Larcey
- Cyber-physical Networks: A Conversation with Jen Rexford
- Risk in History: A Conversation with Soraya Boudia
Week 3: Discussion
1
Discussions
- Discussion 3: Risks to Global Systems
Week 3: Quiz
1
Assignment
- Week 3 Quiz
Week 4: Trade
4
Videos
- Trade
- Trade Linkages
- Supply Chains
- Trade and Risk
1
Readings
- Week 4: Overview
Week 4: Finance
2
Videos
- Finance
- Finance and Risk
Week 4: Interviews
2
Videos
- Agriculture: A Conversation with Pedro Sanchez
- Finance: A Conversation with Andrew Lo
Week 4: Discussion
1
Discussions
- Discussion 4: Risks to Economic and Financial Systems
Week 4: Quiz
1
Assignment
- Week 4 Quiz
Week 5: COVID-19
3
Videos
- Coronavirus and Effects
- Impact on Links
- Impact on Nodes
1
Readings
- Week 5: Overview
Week 5: Governance
1
Videos
- Governance
Week 5: Interview
1
Videos
- Epidemiology: A Conversation with Jessica Metcalf
Week 5: Discussion
1
Discussions
- Discussion 5: COVID-19 and Governance
Week 5: Quiz
1
Assignment
- Week 5 Quiz
Week 6: Social Collapse
4
Videos
- Social Collapse
- Defining Collapse
- Mechanisms of Collapse
- Conclusions
1
Readings
- Week 6: Overview
Week 6: Interviews
3
Videos
- Systemic Collapse and Recovery: A Conversation with Mauro Guillén
- Weapons of Mass Destruction: A Conversation with Zia Mian
- What is the Worst That Could Happen? A Conversation with Martin Rees
Week 6: Discussion
1
Discussions
- Discussion 6: Collapse of Human-Made Systems
Week 6: Quiz
1
Assignment
- Week 6 Quiz
Auto Summary
Unlock the complexities of our interconnected world with the "Global Systemic Risk" course, an essential exploration into the mechanisms of globalization and its inherent vulnerabilities. Guided by expert instructors on Coursera, this foundational course delves into systems thinking, network theory, and risk analysis to provide a comprehensive understanding of global interdependencies. This engaging course covers critical domains such as trade, finance, and epidemiology, offering valuable insights into the challenges that shape our global order. It is designed to appeal to individuals interested in global affairs, system dynamics, and world governance, equipping them with practical heuristics to navigate and analyze contemporary global issues. Through a series of concise 7-10 minute classes organized into cohesive modules, learners will progress through a linear core curriculum with opportunities for deeper dives into specialized topics. This flexible structure ensures a manageable and enriching learning experience suitable for various levels of expertise. With a total duration of 1260 minutes, the course is available under two subscription plans—Starter and Professional—catering to different learning needs and professional aspirations. Embrace the chance to understand and manage the risks of our globally connected society, enhancing your personal development and professional acumen in an increasingly complex world.

Miguel A. Centeno