(Oxford) Diploma in : Global Economics from Udemy

Update:

Now including a brand new collection of Case Studies that examine the economic policies of President Trump following his election on November 6th 2024. These look in particular at:

· Tariffs

· China’s growth

· World Economy

· Tax cuts

· Exporters

· Impact on seniors

· Exchange rate

UPDATE

Case Studies (November 5th 2024) now uploaded to include:

1. India's growth in world economy

2. China's position

3. Trumponomics

Current (Nov 2024) state of the world economy

All Case Studies include discussion questions and links for further research.

Welcome to Global Economics. (This is a course that is regularly updated)

The approach of this course is to include ALL facets of the course. Therefore to gain the most of the course it is important you:

Closely watch the lectures, following up on any resources given
Complete any manuals/workbook
Involve yourself in discussion in the Q/A
Complete all Case Studies
Regularly check your Inbox for responses
Regularly read Educational Announcements
Keep yourself up to date through reading newspapers/blogs etc.

The course includes:

Gross Domestic Product (GDP)
Trade Balances and Current Account
Inflation Rates
Employment Data
Monetary Policies
Fiscal Policies
International Investment Flows
Exchange Rates
Socioeconomic Factors
Global Risks and Uncertainties
Technological Advancements
Supply Chains
Market Sentiment and Consumer Confidence
Sustainable Development
Beginner’s Guide to Economics
Globalisation
The Great Reset
Europe
Ukraine economy
China
Japan
India
Covid impact 2023/2024
Current economics
Trump economic legacy
The impact of War

Note: this course is very, very up to date but a problem with having an up-to-date course is keeping it up to date. this is why sauch importance is given to the Q/A section and Educational Announcements. It is hoped that students will participate - a lot - in the Q/A, sharing ideas, data, links and other resources.

What's inside

Learning objectives

An overview of global events for a particular month
Through discussion, an update on global events

Practical application of economics through looking at global events
An understanding of the economic role of their own country

An overview of global events for a particular month
Through discussion, an update on global events
Practical application of economics through looking at global events
An understanding of the economic role of their own country

Syllabus

20 seconds introduction

20 seconds

Introductory discussions

Introduction

Multiple choice quizzes can be used to assess but I prefer to use them as a

teaching tool. Therefore if you a) don’t understand or b) disagree with any

answer then explain so in the Q/A. Maybe, just MAYBE, one of the answers is

deliberately wrong to get you to think. The answers are NOT necessarily in the

lectures – you’re encouraged to research.

Traffic lights

Read about what's good

what should give you pause

and possible dealbreakers

Includes case studies examining recent economic policies and global events, offering practical application of economic principles

Features a 'Beginner’s Guide to Economics' section, which builds a strong foundation for those new to the subject

Covers a wide array of topics, including GDP, trade balances, inflation, employment, and international investment flows

Requires active participation in the Q&A section to share ideas, data, and links, emphasizing the importance of staying current

Examines the economic policies of President Trump following his election, which may be of limited interest to some learners

Includes topics such as 'The Great Reset' and 'Islamic Economics,' which may add unique perspectives to the study of economics

Reviews summary

Global economics with current insights

According to learners, this course offers content that is remarkably up-to-date and provides highly relevant coverage of current global economic events, which many students appreciate for the practical insights it offers. Reviewers often describe the teaching style as excellent and the material as easy to follow, making complex topics accessible. However, a key concern highlighted by one reviewer is that the course title, particularly the mention of "Oxford Diploma," could be misleading, as the content is not perceived to be of university academic standard. Additionally, the same reviewer felt the presentation quality was quite basic and unprofessional.

Instructor is clear and easy to follow.

"...easy to follow."

"The content was of excellent quality and the instructor was excellent."

"I found the explanations straightforward and helpful."

Provides relevant, practical economic insights.

"...covers contemporary issues which makes it practical and insightful."

"It provides practical insight and relevant information on the global economy."

"learned a lot about current economic events and their implications."

Covers current global economic events.

"Loved the course because it was so up to date with the global economic topics..."

"Covers all the key economic principles but also covers contemporary issues which makes it practical and insightful."

"It provides practical insight and relevant information on the global economy."

Presentation style may seem basic.

"...looks like a childish powerpoint presentation, nothing professional about it."

"I expected a higher quality visual presentation for an online course."

Title potentially misleading; not university standard.

"This course is fake advertising... It is NOT an Oxford university course. It is not academic, university standard or high level..."

"They should not use the name Oxford. It is false advertising."

"the so-called 'diploma' certificate is not accredited or recognised by any academic institution I know of."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in (Oxford) Diploma in : Global Economics with these activities:

Review Basic Economic Principles

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Reinforce foundational economic concepts to better understand global economic events and policies discussed in the course.

Browse courses on Supply and Demand

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Review introductory economics textbooks or online resources.
Complete practice quizzes on key economic concepts.
Summarize the main principles of supply and demand.

Read 'Basic Economics' by Thomas Sowell

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Gain a solid foundation in economic principles to better analyze global economic issues.

View Basic Economics on Amazon

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Read assigned chapters focusing on core economic concepts.
Take notes on key terms and principles.
Relate the concepts to current global events.

Compile a Glossary of Economic Terms

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Solidify understanding of key economic terms used throughout the course by creating a personal glossary.

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Identify unfamiliar economic terms from course materials.
Research and define each term clearly and concisely.
Organize the terms alphabetically for easy reference.
Add examples of how each term is used in global economics.

Four other activities

Expand to see all activities and additional details

Show all seven activities

Summarize a Recent Economic News Article

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Apply economic concepts learned in the course to analyze and summarize current global economic events.

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Select a recent news article related to global economics.
Identify the key economic concepts discussed in the article.
Write a brief summary of the article, explaining the economic implications.

Discuss Case Studies with Peers

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Enhance understanding of case studies by discussing them with peers and sharing different perspectives.

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Form a study group with other students.
Choose a case study from the course materials.
Discuss the key economic issues and potential solutions.
Share insights and perspectives on the case study.

Read 'Global Economic Institutions' by Carlo Secchi

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Gain a deeper understanding of the global economic institutions that shape international economic policies.

View Infrastructure in a Changing World: Trends and... on Amazon

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Read assigned chapters focusing on specific institutions.
Take notes on the roles, functions, and criticisms of each institution.
Relate the institutions to current global economic events.

Analyze the Economic Impact of a Global Event

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Apply course knowledge to conduct an in-depth analysis of the economic consequences of a significant global event.

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Select a global event (e.g., a trade war, a pandemic, a natural disaster).
Research the economic impact of the event on different countries and industries.
Analyze the policy responses to the event and their effectiveness.
Write a report summarizing your findings and conclusions.

Career center

Learners who complete (Oxford) Diploma in : Global Economics will develop knowledge and skills that may be useful to these careers:

Economist

An Economist studies the production, distribution, and consumption of goods and services. Economists conduct research, analyze data, and develop forecasts to advise governments, businesses, and individuals on economic issues. This course, with its broad coverage of global economics, including GDP, trade balances, and monetary policies, helps provide a strong foundation for a career as an Economist. Furthermore, the course's emphasis on staying current through news and active discussion is directly applicable to the continuous learning required of an Economist. This role often requires an advanced degree.

See salaries and explore the career path for Economist

Economic Forecaster

An Economic Forecaster analyzes economic data and trends to predict future economic conditions. These projections are used by businesses, governments, and investors to make informed decisions. A comprehensive understanding of global economics is essential for accurate forecasting, as national economies are increasingly interconnected. This course, with its focus on GDP, inflation rates, monetary policies, and fiscal policies, provides a strong foundation for Economic Forecasters. They use this information to make projections.

See salaries and explore the career path for Economic Forecaster

International Trade Specialist

An International Trade Specialist facilitates trade between countries by ensuring compliance with regulations and optimizing trade processes. This role requires a deep understanding of international economics, trade agreements, and global supply chains. This course, with its focus on trade balances, current accounts, globalization, and the impact of war on economies, helps to prepare an individual for a career as an International Trade Specialist. Furthermore, the up-to-date content, including case studies on China and India, provides relevant insights into current global trade dynamics.

See salaries and explore the career path for International Trade Specialist

Economic Analyst

An Economic Analyst examines economic data, trends, and issues to provide insights and forecasts to organizations or clients. This role involves analyzing financial information, understanding market dynamics, and predicting economic conditions. Crucially, a grasp of global economics is vital for understanding international trade, investment flows, and their impact on national economies. This course, with its focus on Gross Domestic Product, trade balances, and global risks, helps build a strong foundation for this career. Furthermore, the course’s emphasis on staying current through news and active participation in discussions is directly applicable to the continuous learning required of an Economic Analyst.

See salaries and explore the career path for Economic Analyst

Public Finance Officer

A Public Finance Officer manages the financial resources of government entities. This includes budgeting, financial planning, and debt management. A strong grasp of global economics is essential for understanding how international events and policies can impact government finances. This course's emphasis on fiscal policies, international investment flows, and exchange rates helps provide Public Finance Officers with a broader perspective on economic issues. These officers need to understand how international events and policies can impact government finances.

See salaries and explore the career path for Public Finance Officer

Business Reporter

A Business Reporter researches and writes articles about economic trends, financial markets, and business news. They need to be able to interpret economic data, understand the implications of policy changes, and communicate complex information in a clear and concise manner. This course, with its broad coverage of global economics, including GDP, trade balances, and monetary policies, helps prepare aspiring Business Reporters. The course's emphasis on staying current through news and active discussion helps develop the skills necessary to report on economic events effectively.

See salaries and explore the career path for Business Reporter

Market Research Analyst

A Market Research Analyst studies market conditions to examine potential sales of a product or service. These professionals interpret data on demographics, preferences, needs, and buying habits of consumers. A deep understanding of global economics is essential for analyzing international markets and consumer behavior across different regions. This course, with its focus on market sentiment, consumer confidence, and global trends, provides a solid foundation for a Market Research Analyst. Through this course a Market Research Analyst can gain a better understanding of the markets they are researching.

See salaries and explore the career path for Market Research Analyst

International Business Development Manager

An International Business Development Manager identifies and pursues new business opportunities in foreign markets. This role requires a deep understanding of global economics, cultural nuances, and international trade regulations. This course, with its emphasis on globalization, trade balances, and the economies of specific countries like China and India, may provide invaluable insights for this kind of manager. The up-to-date nature of the course ensures that learners have insights into the most current global trends, as well as how to apply them.

See salaries and explore the career path for International Business Development Manager

Investment Banker

An Investment Banker helps corporations and governments raise capital by underwriting and selling securities. This demanding role requires a high degree of financial acumen and a thorough understanding of global markets. The course's exploration of international investment flows, exchange rates, and global risks is directly relevant to the responsibilities of an Investment Banker. The case studies on global economies and specific policies may help develop the analytical skills necessary to succeed in this fast-paced field. Strong insight into economics may help an Investment Banker be more successful.

See salaries and explore the career path for Investment Banker

Commodities Trader

A Commodities Trader buys and sells raw materials such as oil, gas, metals, and agricultural products. This role requires a keen understanding of global supply and demand, geopolitical risks, and currency fluctuations. This course, with its coverage of supply chains, international investment flows, and the impact of war on economies, may be used to gain valuable insights for commodities trading. The up-to-date content and case studies provide a current perspective on the factors influencing commodity prices. In particular, look at the course's notes on minerals.

See salaries and explore the career path for Commodities Trader

Data Scientist

A Data Scientist analyzes large datasets to extract meaningful insights and inform decision-making. In today's interconnected world, economic data is increasingly global in nature. To be an effective Data Scientist, one must understand international trends, macroeconomic indicators, and the factors driving economic growth in different regions. This course's coverage of GDP, inflation rates, and employment data provides a valuable framework for Data Scientists working with economic datasets. The focus on current events ensures Data Scientists will be working with the most up-to-date information.

See salaries and explore the career path for Data Scientist

Actuary

An Actuary assesses and manages financial risks, often in the insurance and finance industries. They use statistical models and data analysis to predict future events and their financial impact. Understanding global economic trends is increasingly important for actuaries, as economic factors can significantly influence investment returns, insurance claims, and overall financial stability. This course, with its coverage of global risks, uncertainties, and socioeconomic factors, helps provide a valuable foundation for Actuary professionals. Actuaries typically require advanced certification.

See salaries and explore the career path for Actuary

Policy Analyst

A Policy Analyst researches and evaluates existing policies, and also recommends new ones based on their understanding of how different policies affect various segments of the population and the economy. This role requires a broad understanding of economic conditions and policy implications on a global scale. This course, covering topics such as fiscal policy, socioeconomic factors, and global risks, may equip individuals with the necessary knowledge for such a role. The course’s case studies, for example those ones examining the economic policies of President Trump or the economies of India and China, may enhance one's ability to analyze complex policy issues.

See salaries and explore the career path for Policy Analyst

Management Consultant

A Management Consultant advises organizations on how to improve their performance and efficiency. This often involves analyzing business operations, identifying problems, and developing strategies for improvement. As businesses increasingly operate in a globalized world, understanding international economics is critical for effective management consulting. This course, with its focus on globalization, supply chains, and socioeconomic factors, may provide relevant insights for Management Consultants. The case studies on specific countries, such as China and India, may also provide valuable context for advising multinational clients.

See salaries and explore the career path for Management Consultant

Financial Advisor

A Financial Advisor provides guidance to individuals and businesses on investment strategies, retirement planning, and wealth management. Understanding global economic trends and their potential impact on investment portfolios is essential in this role. This course, with its coverage of international investment flows, exchange rates, and socioeconomic factors, may be useful for those seeking to enhance their knowledge of global economics in relation to financial planning. An understanding of the impact of global events is increasingly important for financial advisors. It will help them give their clients useful advice.

See salaries and explore the career path for Financial Advisor

Reading list

We've selected two books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in (Oxford) Diploma in : Global Economics.

Basic Economics

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Provides a clear and concise overview of fundamental economic principles. It is especially helpful for students who are new to economics or who want to refresh their understanding of core concepts. The book covers a wide range of topics, including supply and demand, market equilibrium, and the role of government in the economy. It valuable resource for understanding the global economic events discussed in the course.

Infrastructure in a Changing World

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Provides an overview of the roles and functions of major global economic institutions such as the World Bank, the International Monetary Fund (IMF), and the World Trade Organization (WTO). It is useful for understanding the institutional framework within which global economic policies are made and implemented. This book is more valuable as additional reading to add depth to the course.

Infrastructure in a Changing World: Trends and...

Paperback

(Oxford) Diploma in

Global Economics

What's inside

Learning objectives

Syllabus

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Save this course

Reviews summary

Global economics with current insights

Activities

Career center

Reading list

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