World Economics


Here's what you'll learn:

  1. 1The US and China
  2. 2The European Union
  3. 3The Great Recession
  4. 4Hit the BRICS
  5. 5Mint and the Next 11

Introduction to the Pack

5 Courses

The US and China

These 2 super powers are opposites in many ways, but nonetheless have formed the most important economic bond of the 21st century. China has come a long way from its ancient roots and has become an economic giant. At the same time, the US has taken on crippling debt in its attempts to maintain a crumbling empire. Some say that China will rise as the US falls, but their intertwined fates mean they will rise or fall together.

0% Complete

  1. 1 Made in China Start Course
  2. 2 Superpower Status
  3. 3 The United States of Debt
  4. 4 World Police
  5. 5 Mutual Destruction
  6. 6 Balance of Power
  7. 7 Friendly Future
  8. 8 Quiz

The European Union

The European Union didn’t happen that long ago, but we can already see the effects. While most countries in the zone are better off, the Euro has caused new problems. Like a school project, Germany is doing all the work while Greece is along for the ride. Will the union stay together, or are certain countries destined to leave one way or another?

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  1. 1 The Way Things Were Start Course
  2. 2 Forming the Union
  3. 3 Fiscal and Monetary Policy
  4. 4 Everybody Hates Greece
  5. 5 German Austerity
  6. 6 The UK's Role
  7. 7 Winners and Losers
  8. 8 Quiz

The Great Recession

When your name is supposed to sound similar to the great depression – you know it was bad. But what actually happened to put the global economy on hold? As you probably could have guessed, it was greed and reckless financial tinkering. People used to think that houses could never lose value, but they were wrong, and we all payed the price.

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  1. 1 The Calm Before the Storm Start Course
  2. 2 2008 Financial Crisis
  3. 3 Housing Market Crash
  4. 4 Collateralized Debt Obligations
  5. 5 Credit Crunch
  6. 6 Bailouts and Defaults
  7. 7 The American Cost
  8. 8 Who Got Hit the Hardest?
  9. 9 Quiz

Hit the BRICS

Brazil, Russia, India, China and South Africa. That’s a group of countries you don’t normally say in the same sentence. These titans of tomorrow (and today) are responsible for the future of the world. With 42% of the world’s population and 20% of the world’s GDP within their borders, it’s no wonder why high growth countries are under the microscope.

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  1. 1 What an Odd Group Start Course
  2. 2 Brazil
  3. 3 Russia
  4. 4 India
  5. 5 China
  6. 6 South Africa
  7. 7 The Powers of Tomorrow

Mint and the Next 11

Following in the footsteps of the BRICS is MINT and the next eleven. That’s eleven in total so Mexico, Indonesia, Nigeria, Turkey and Pakistan, Iran, Egypt, Vietnam, Philippines, Bangladesh and South Korea make the cut. These countries have the potential for enormous growth but are behind the world’s developed countries in many ways. If you are looking for more risk and reward, look no further.

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  1. 1 Countries on the Rise Start Course
  2. 2 Mexico
  3. 3 Indonesia
  4. 4 Nigeria
  5. 5 Turkey
  6. 6 Pakistan, Iran and Egypt
  7. 7 Vietnam and the Philippines
  8. 8 Bangladesh and South Korea