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There are 5 modules in this course
This is the second of the three courses part of the Globalization, Economic Growth and Stability Specialization. This course will focus on facets of globalization that affect a country´s economic perspectives and decisions. Globalization has recently been the predominant subject in many political debates, and this course will go into the determinants of globalization. It will be separated into four modules; the first module will explain exchange rates. It will cover what determines exchange rate and how different exchange rates affect the economy and the reality of currencies. The second module will explore trade, the reality of free trade, and what occurs to a country´s economy with protectionism. The third module will go into the balance of payments, it will help you understand how economic transactions between a country and the rest of the world work. The fourth module will focus on Immigration, which is probably one of the most controversial subjects today. It will explain how migration affects host countries and it will cover current migration trends.
What's included
10 videos4 readings1 assignment
Show info about module content
10 videos•Total 61 minutes
Globalization and its discontents•6 minutes
What determines the value of a currency?•7 minutes
Some key indicators that drive currency values and an illustration•8 minutes
Special cases: commodity currencies; reserve and safe haven currencies•6 minutes
How do exchange rates affect the economy?•6 minutes
How can governments intervene to influence the value of the currency?•7 minutes
Contradictory government objectives•5 minutes
Different exchange-rate regimes and the world's key currencies by turnover•5 minutes
Yen, Euro and Pound Sterling; Yuan and Rupee, the Dollar•8 minutes
Conclusions•4 minutes
4 readings•Total 40 minutes
5 World Currencies That Are Closely Tied to Commodities•10 minutes
Optional: Trade, Immigration And Exchange Rates In A Globalized World: A Reader•0 minutes
Exchange Rate Systems•20 minutes
Deutsche Bank Trade Of The Week: Sell The US Dollar To Yen Exchange Rate•10 minutes
IE Business School is an internationally recognized business school where the leaders of tomorrow shape their ideas and learn to become global citizens. For over 40 years, IE Business School has promoted innovation and change in organizations, equipping managers with an entrepreneurial mindset that generates employment, wealth, and social well-being.
Regularly featured among the top business schools in the world, IE Business School has an urban campus in Madrid and a faculty of more than 400 professors who teach students from approximately 90 countries in its undergraduate and master programs. IE uses innovative online, face-to-face, and blended learning formats, including the IE Communities Platform where knowledge and experiences are exchanged with over 50,000 IE graduates that currently hold management positions in more than 100 countries worldwide.
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What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.