Course Description

The global economy is driven by a complex and evolving mix of institutions and individuals, and the incentives, rules, and external trends that both bound and drive their actions. Rejecting simple frameworks, we embrace the complexity by looking at a combination of explanatory factors including economic theory, global finance, history, psychology, accounting, and political imperatives. The course includes an overview of:

  • The current wealth of countries, and trends
  • Who is who in the global economy
  • Central banking and policies that drive global money flows
  • Domestic policy and influence on international economics
  • Trade and trade agreements
  • International payments and money flows
  • Investments and investor behavior
  • Economic growth and development

Students then explore a series of "big trends," both inside and outside of economics, that are currently and likely to continue to shape the global economy. The course has a strong focus on analysis and discussion of current and recent global economic events.

Learner Outcomes

Upon successful completion of this course, students will be able to:

  • Describe and analyze key factors that affect the international economy, including the main players and their incentives
  • Identify how different institutions and people interact to create global events
  • Discuss and analyze global economic trends and risks to investors and individuals



This course is created for international students. It is not applicable to the Accounting certificates.

Applies Towards the Following Certificates

Enroll Now - Select a section to enroll in
6:00PM to 9:00PM
Sep 28, 2022 to Dec 07, 2022
UCSB Campus
Kerr Hall
Room 2166A
Schedule and Location
Contact Hours
Delivery Options
Course Fee(s)
Course Fee credit (4 units) $620.00
Potential Discount(s)
Available for Credit
4 units
Section Notes

Late Registrations Notice: 

Self enrollment will be available until 11:59PM PT of the second business day after the 1st class session (i.e. If the first class starts on Thursday, self-enrollment is open until the following Monday at 11:59PM).  If you wish to enroll after that time, please contact PaCE Support at help@professional.ucsb.edu

Students must have a UCSB NetID to access their online course.  If you do not already have a UCSB NetID, you will receive an email with instructions on how to create a NetID within one business day of late enrollment.  All students with a UCSB NetID will be added to the online course within two business days of late course registration. Students will then be able to access their course at gauchospace.ucsb.edu.

How to Access Your Online Course:


One business day after enrollment but no sooner than 2 weeks before the beginning of the course, you will receive an email with detailed instructions on how to access your online course. You don’t need to take any action until you receive that email. Please note that you will not be able to access your online course until all the steps highlighted in that email are complete.

Required Textbook(s):
Students are required to purchase the textbook(s) below prior to the first class meeting. Textbooks can be purchased from the vendor of your choice.

No refunds after 10/11/22