個案資料

International Economics: Understanding the Forces of Globalization for Managers is a 6-chapter book published in 2013 by the Business Expert Press and written by Dr. Paul Torelli, chief economist at Quantitative Social Science. The author explains that, because of the impact of globalization, new technology, and international trade, business managers need more than ever to understand basic economic concepts to make well-rounded decisions. To that end, this book outlines the conceptual foundation of economic globalization. Starting with the important milestones in the history of global trade development, the author explores how global trade has developed, and how globalization has fostered growth, consumption, and higher standards of living. He explains the core models of economic theory relevant to managers and how these concepts provide a framework for interpreting the global economy. He also shares insight on using the book in management courses and suggests complementary readings including case studies. In Chapter 1, A Brief History of Modern Economic Globalization (39 pages), the author explains the historical basis of modern economic thought. He shows how economic integration and international trade have continued to grow throughout history and recaps relevant historical milestones and their impact on the economy. He begins with the first outbreaks of the plague in the 1300s, which caused drastic global population decline, and follows the rise and fall of the world's economic powers through to the "hyper-globalization" of the 1980s.

• Globalization
• International business
• Economic forecasting