A major aspect of globalization is the increased interconnectedness of the world economy. Thanks to transportation and communications technologies, trillions of dollars worth of currencies, goods and services flash across the world each day. Free trade advocates stress that nations, which have embraced global trade policies, have benefited tremendously. However, "fair traders" say that the rules of the global economy are unfair and that only a few benefit, causing an increased gap between rich and poor.
Modern Economic Issues 36 Lectures (36 Vedios + guide book)
In Modern Economic Issues, Professor Robert Whaples has crafted a course designed to answer just these sorts of questions—a primer in 21st-century economics for the non-economist. He first presents the results of a survey of professional economists around the country on what they consider today's most urgent economic issues—the ones all of us most need to understand. Professor Whaples then puts his award-winning teaching skills to work to shape an accessible course, explaining not only those urgent issues but also the raw data economists use to describe their shape and impact.
Taught by Timothy Taylor Macalester College M.Econ., Stanford University
Look back at the global economy in 1950 and you'll find these conditions: The shock of a great depression, two world wars, and restrictions on immigration had led to little economic interconnectedness between countries.
These are just some of the many dramatic changes that are underway as globalization—the process of the world's diverse countries coming together and sharing experiences, events, and trade—continues to be a force in our economic climate.
As the economic system under which you live, capitalism shapes the marketplaces that determine where you live and work, how much you are paid, what you can buy, what you can accumulate toward your retirement, and every other aspect of a society based on monetary exchanges for goods and services. But capitalism's impact is about much more than money and markets. Indeed, capitalism is every bit as much a social force as an economic one.
The Global Economic System: How Liquidity Shocks Affect Financial Institutions and Lead to Economic Crises
Written for financial professionals, the authors thoroughly explain the modern global credit system; the roles of banks, hedge funds, insurers, central banks, mortgage markets, and other participants; and the credit-related instruments they rely on. In particular, the authors illuminate the crucial importance of liquidity, and show why liquidity failures have been the key cause of all major market crashes for the past several decades.
TTC - America and the New Global Economy
