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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Course Overview

In a world dominated by globalization, growing populism, and geopolitical unpredictability - a deep grasp of the world economy is becoming increasingly vital for any organisation seeking to discover commercial possibilities and manage risks. The Business, International Relations, and the Political Economy online course delve into the different causes of global development as well as the important events that have defined globalization's evolution.

According to an LSE US Centre report, The trade dispute between China and the United States has diverted $13.8 billion dollars in commerce. The Business, International Relations, and Political Economy Training teach how to analyze international power changes, conflicts, foreign policy, instability, and disruptive factors influencing the global economy.

The Business, International Relations, and Political Economy syllabus assist students to identify and capitalize on economic opportunities while managing the obstacles of globalisation. Candidates will not gain knowledge of global affairs, but they will also learn how to analyze and plan for such developments, as well as how to exploit them for their benefit in business.

The Highlights

  • Self-paced learning
  • Projects and assessments
  • 8 weeks duration
  • Split option of payment
  • 7-10 hours per week
  • London School of Economics offering
  • Shareable certificate
  • Course provider Getsmarter
  • Online learning
  • Downloadable resources

Programme Offerings

  • Offline resources
  • online learning
  • Live polls
  • Case Studies
  • Self-paced learning
  • Infographics
  • quizzes
  • video lectures

Courses and Certificate Fees

Certificate AvailabilityCertificate Providing Authority
yesLSE
Business, International Relations and the Political Economy Fees Structure:

Course Name

Fee amount in INR

Business, International Relations and the Political Economy fees

Rs. 2,12,464 


Eligibility Criteria

Certification Qualifying Details

To qualify for Business, International Relations, and the Political Economy certification, Candidates must finish the course online modules and submit the included assignments and projects. Candidates must participate in the class activities such as live polls, quizzes, case studies, surveys, etc. A series of online assignments, class activities, and projects are used to assess students. Candidates must fulfil all the requirements outlined in the coursebook to qualify for certification.

What you will learn

Knowledge of lawBusiness Management

After completing the Business, International Relations, and the Political Economy online certification course, Candidates will learn practical problem-solving approaches employed by internationally renowned LSE educators to adapt and plan company strategies for the consequences of global change. Candidates will also learn how to critically analyse international events from many angles in order to make meaningful decisions, as well as how to apply their newfound knowledge of globalisation to suggest an investment plan for a company looking to grow globally.


Who it is for

  • ManagersCEOs, C-suite executives, investors and financial advisorsentrepreneurs and policymakers interested in learning about various techniques for analyzing and interpreting the consequences of global events.
  • Anybody active in global business or commerce, as well as those with a genuine interest in contemporary global issues can join the course.

Admission Details

To get admission to the Business, International Relations and the Political Economy certification training, follow the steps mentioned below:

  • Open the official course page
  • Click on the ‘Register Now’ button to start the registration
  • Read the provider terms and agree to continue
  • Create an account by filling in personal information on the provider portal
  • Fill in the billing address and sponsor information if applicable
  • Pay the fee using the preferred fee method and start learning.

The Syllabus

  • Recall the various interpretations of globalisation as a concept and define globalisation in the context of this course
  • Recognise the significance of globalisation and its impact on the world historically and in contemporary times
  • Identify the characteristics of the five dimensions of globalisation
  • Discuss the opposing views that exist around the real extent of globalisation
  • Interpret the state of globalisation during its four key historical phases
  • Articulate the social, political, economic, technological and environmental impact of globalisation, and how these dimensions have evolved over time

  • Define globalisation from an economic perspective and methods of measuring it quantitatively
  • Recognise the nature of economic globalisation and the relationship between trade liberation and growth
  • Identify the difference between developed and developing economies, and the increasing significance of emerging markets
  • Illustrate the importance of states and strong institutions in economic development
  • Discuss how globalisation creates challenges for the economy, including the factors of production
  • Analyse the institutional quality indicators and ease of doing business in a particular country, with reference to the impact of globalisation

  • Interpret the difference between realism, liberalism, and complex interdependence
  • Recognise the importance of good governance in a globalised world
  • Identify the key global actors and their role in shaping global policy
  • Articulate how different states have responded to globalisation
  • Discuss how effective different states have been at solving national and global problems
  • Investigate the roles and relationships between various actors and their ability to address a global problem

  • Identify the principles and characteristics of five key theories related to the history of the rise and fall of global powers
  • Recognise the evolution of global power and its significance in shaping the current world order
  • Interpret the evolution of the United States through the Cold War and beyond and assess its position in the world system today
  • Identify the origins of the European Union and identify the main sources of strengths and weaknesses in the EU today
  • Interpret the shift from political instability in Asia to economic reform – and critically assess the idea of an ‘Asian Century’
  • Analyse how globalisation has impacted the relative power of the US, Europe and Asia
  • Distinguish the forces reshaping the traditional global order and their impact on contemporary society

  • Identify the positive impact globalisation has had socially and economically and how this has affected international relations
  • Discuss the rise of populism in the 21st century and how it is reshaping politics
  • Articulate why there is significant support for globalisation in China and other emerging economies in the 21st century
  • Identify the political and economic factors driving the rise of populism in the 21st century
  • Interpret the different academic arguments critiquing globalisation
  • Articulate the role of new media as an enabling tool for populist groups
  • Investigate the challenges facing the global business community given the rise of populism
  • Analyse what the ‘populist revolt’ means for globalisation in the West

  • Identify how globalisation magnifies and transmits old and new forms of conflict and instability
  • Discuss why states fail to respond to and manage global challenges
  • Interpret the state of global security in the 21st century
  • Articulate how global problems undermine the economic potential and the role of business leaders in managing global instability
  • Choose approaches to managing conflict and regional instability
  • Evaluate the sources of instability and insecurity that will impede investment in a region

  • Identify the drivers of disruptive change and the challenges they present to organisations
  • Discuss some of the major disruptive forces that have come about as a result of globalisation and technological change
  • Interpret the importance of responding and adapting to disruptive change from an organisational perspective
  • Illustrate the ways in which disruptive forces are governed and managed in the global landscape
  • Articulate the social, economic, and political impact of climate change, cybersecurity threats, and automation on the global economy
  • Assess the threats and opportunities associated with a disruptive force from an organisational perspective

  • Identify the drivers of economic globalisation and the characteristics of multinational enterprises
  • Discuss the opportunities and challenges of expanding a firm’s sphere of business activities from the domestic to the international marketplace
  • Interpret the OLI and CAGE frameworks and the importance of transaction costs in global trade
  • Illustrate how indicators associated with the economy and government institutions impact international trade and investment
  • Illustrate how states and government institutions impact international trade and investment
  • Assess the global business strategy of an international business or organisation by applying Ghemawat's AAA framework
  • Compare how global integration, local responsiveness, or the AAA framework can be applied to global business strategy

Instructors

LSE Frequently Asked Questions (FAQ's)

1: What is the study of international relations?

International relation is an area of study that focuses on identifying the diverse connections that exist between cultures and nations.

2: What can I become if I study international relations?

By studying international relations, one can become an intelligence specialist, diplomat, international political advisor, and more.

3: Is international relations a good career?

 International Relations is nearing the pinnacle of new-age jobs, and the area provides a huge number of opportunities in various sectors of the economy.

4: What is political economy?

The Political Economy investigates the relationship between politics, economy, and institutions that distribute resources and generate benefits.

5: What are the types of political economy?

The 3 types of the political economy include socialism, capitalism, and communism.

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