Certificate in International Business

Certificate in International Business Courses

CalSouthern’s Certificate in International Business is an 18-credit program, comprised of the following six required courses:

IB 87512 International Economics

Credits : 3

This course explains the economic foundations of international trade and investment. Topics include: governmental intervention in international business; international monetary systems, balance of payments analysis, the foreign exchange markets and currencies.

Learning Outcomes:
  • Define the basic theory using demand and supply.
  • Explain who gains and who loses from trade.
  • Explain the alternative theories of trade.
  • Discover the improvements in production technologies and other intangible influences.
  • Describe the effect of a tariff on producers and consumers
  • Examine various kinds of nontariff barriers to imports and their effects.
  • Identify different types of trade blocs and trade embargos.
  • Determine what creates the global environmental challenges today.
  • Identify the framework used to summarize a country's international transaction.
  • Examine the forward exchange and international financial investment.
  • Determine how well we can predict exchange rates.
  • Describe the government policies toward the foreign exchange market.
  • Describe how the open macroeconomy works.
  • Introduce self and explain course expectations
  • Integrate the course concepts through interaction with other Learners and your Mentor.
  • Examine arguments proposing that import protection is good for the country.
  • Explore how businesses and governments push for more exports than their country would sell under ordinary competition.
  • Summarize the best available measures of growth rates in real gross domestic product.
  • Determine the accounting processes used to keep track of flows of value both in and out of the country.
  • Determine the exchange rate policy a country should have.
  • Evaluate information critically and competently.
  • Access information efficiently and effectively
  • Practices ethical behavior in regard to information and information technology.
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