This course provides a broad overview of the microeconomic aspects of the international economy. It examines the dynamics of globalization, focusing on the cross-border movement of goods, services, people, capital, and ideas. Drawing on intermediate microeconomic theory, the course analyzes the benefits and costs of globalization, its effects on wages, income distribution, and national welfare, and how these factors intersect with government policies. Topics include international trade, labor mobility, capital flows, and the role of international institutions in shaping economic outcomes.
Learning Outcomes
1Apply economics principles to analyze the movement of goods, people, capital, and ideas across countries.
2Evaluate the benefits and costs of globalization, including the implications for wages, income distribution, and national welfare, and critically assess its effects on different groups within society.
3Analyze the economic effects of globalization policies, such as immigration policies and tariffs, to evaluate their impact on consumers, businesses, and welfare through the lens of prices, incentives, and market outcomes.
4Articulate complex economic concepts and arguments clearly and persuasively, using economic theory and data to support their analysis.
Course ECON 370 from Purdue University - West Lafayette.
