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
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.