Course Description

This course emphasizes microeconomic concepts related to managerial decision-making. Students will learn to analyze the global business environment of industrialized and developing countries, and to think strategically, using micro and macroeconomics principles. Markets, consumers, producers, trade, distribution, welfare, tariffs, non-tariffs barriers, and monetary and macroeconomics issues of development and transitions will be discussed.

Learning Outcomes

  • Evaluate how output prices affect factor prices.
  • Assess the impact of tariff on small and large countries.
  • Analyze a country’s international investment position.
  • Analyze the merits of arguments for international trade restrictions, including those based on infant industries, monopolies, strategic trade policy, externalities, scientific tariff, competition with low-wage foreign supplies and so on.
  • Evaluate the effect of economic growth on welfare.
  • Appraise the activities of the foreign exchange markets.
  • Evaluate the wide-ranging effects of opening international trade.
  • Analyze the tariffs’ effects on resource allocation and income distribution.


Why Choose National University?

We’re proud to be a veteran-founded, San Diego-based nonprofit. Since 1971, our mission has been to provide accessible, achievable higher education to adult learners. Today, we educate students from across the U.S. and around the globe, with over 200,000 alumni worldwide.

Four-Week Courses

Focus on one subject at a time — one month at a time — and finish your degree faster.

75+ Degree Programs

Choose from associate, bachelor’s, and master’s degrees, plus credentials and certificates.

On Campus or Online

Study when and where it’s convenient for you with evening, weekend, and 100% online classes.

Year-Round Enrollment

Apply or transfer any time. Classes start monthly, and applications are accepted year round.

20+ Locations

Attend class and learn onsite at one of over 20 locations in California.

Military Friendly

As a Yellow Ribbon school, we offer tuition discounts to servicemembers and dependents.

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