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Introduction to The Global Economy

The Global Economy: Course Curriculum

    1. Welcome to The Global Economy!

    2. The Nine Central Themes of IB Economics - A Reminder!

    3. Real-World Issue #1: Who are the winners and losers of the integration of the world’s economies?

    4. The Global Economy: International Economics

    5. Lesson 1: Introduction to Gains From Free Trade

    6. Lesson 2: Comparative Advantage Theory

    7. Lesson 3: The World Trade Organization (WTO)

    8. Closing Remarks: Benefits of International Trade

    9. Review Questions: Introduction to International Economics and Free Trade

    10. Key Terms and Concepts: Introduction to International Economics and Free Trade

    11. IB Exam Practice Questions: Free Trade

    1. Lesson 1: Introduction to Free Trade and Protectionism

    2. Lesson 2: Arguments for Protectionism

    3. Lesson 3: Arguments For Free Trade (Against Protectionism)

    4. Lesson 4: The Free Trade Diagram

    5. Study Break!

    6. Lesson 5: The Protectionist Tariff Diagram

    7. Lesson 6: The Protectionist Subsidy Diagram

    8. Lesson 7: The Protectionist Quota Diagram

    9. Lesson 8: Administrative Barriers to Free Trade

    10. Closing Remarks: Free Trade and Protectionism

    11. Review Questions: Free Trade and Protectionism

    12. Key Terms and Concepts: Free Trade and Protectionism

    13. IB Exam Practice Questions: Free Trade and Protectionism

    1. Lesson 1: Introduction to Exchange Rates

    2. Lesson 2: The Exchange Rate Diagram

    3. Lesson 3: The Fixed Exchange Rate System

    4. Lesson 4: The Floating Exchange Rate System

    5. Lesson 5: Impact of an Increase in Demand of a Currency (Floating Exchange Rate System)

    6. Lesson 6: Impact of an Increase in Supply of a Currency (Floating Exchange Rate System)

    7. Lesson 7: Managed Exchange Rates

    8. Lesson 8: Strong Exchange Rate

    9. Study Break!

    10. Lesson 9: Weak Exchange Rate

    11. Closing Remarks: Exchange Rates

    12. Review Questions: Exchange Rates

    13. Key Terms and Concepts: Exchange Rates

    14. IB Exam Practice Questions: Exchange Rates

    1. Lesson 1: Introduction to Balance of Payments

    2. Lesson 2: A Visual Understanding of Before You Begin

    3. Lesson 3: The Current Account

    4. Lesson 4: The Financial Account

    5. Study Break!

    6. Lesson 5: The Reserve Assets

    7. Lesson 6: Relationship Between the Balance of Payments and the Exchange Rate

    8. Lesson 7: Recap: A Visual Understanding of Balance of Payments

    9. Closing Remarks: Balance of Payments

    10. Review Questions: Balance of Payments

    11. Key Terms and Concepts: Balance of Payments

    12. IB Exam Practice Questions: Balance of Payments

    1. Lesson 1: Introduction to Economic Integration

    2. Lesson 2: Six Stages of Economic Integration

    3. Closing Remarks: Economic Integration

    4. Closing Thoughts on International Section of Global Economy

    5. Review Questions: Economic Integration

    6. Key Terms and Concepts: Economic Integration

    7. IB Exam Practice Questions: Economic Integration

    1. Real-World Issue #2: Why is economic development uneven?

    2. The Global Economy: Development Economics

    3. Lesson 1: Introduction and Sources of Economic Growth

    4. Lesson 2: Does Economic Growth Lead to Economic Development?

    5. Lesson 3: Common Characteristics of Developing Nations

    6. Lesson 4: Diversity Among Developing Nations

    7. Study Break!

    8. Lesson 5: International Development Goals

    9. Closing Remarks: Economic Development

    10. Review Questions: Economic Development

    11. Key Terms and Concepts: Economic Development

About this course

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  • 131 lessons
  • 13 hours of video content