Courses
Students studying IPE at Carthage will take courses in international relations, international trade and finance, international management, microeconomics, macroeconomics, political science, statistics, law, accounting and geography.
Students take courses in Economics, Geography & Earth Science, Political Science, Business Administration, Social Science and Modern Languages.
Economics Courses
Carthage Department of Economics
This course offers students an introduction to economics, along with some elementary tools of economic analysis, with emphasis upon their application to contemporary problems and issues. The economy and selected issues are examined in their global context. Designed to meet the needs and interests of students in various majors outside of the economics and business administration areas, the course is not open to students who have received credit for either Economics 101 or Economics 102.
The economic theory of microeconomic units: consumers, firms, and industries. This entails the study of production, cost, and price theory, and the practices of firms under alternative market structures. Concepts of social welfare will be explored, and the uses and limits of public policy in addressing the problems of market failures will be examined.
The economic theory of macroeconomic aggregates: national income accounting; the determinants of output, income, and employment levels; the analysis of inflation; processes of economic growth; and open-economy macroeconomics. Monetary, fiscal, and incomes policies are examined and the uses and limits of these tools in promoting macroeconomic goals are discussed.
Selected topics in economics. Depending upon content and level of work, the course may be taken more than once for academic credit.
An historical and theoretical analysis of international economic relations in both public and private spheres. Using the principles of economic analysis, models of international trade and factor prices, commercial policy, economic integration, balance of payments adjustment and foreign exchange markets are set forth and become a basis for examining policy issues.
This course examines the monetary side of international economics and globalization, including the current and historical structure of international finance institutions. Topics include exchange rate theories, monetary regimes, interest rates, asset pricing, and risk diversification, the balance of payments, currency crises, and open-economy aspects of fiscal and monetary policies. Emphasis is given to the use of theories in understanding current events and policy issues.
An examination of how economic concepts and modeling can be applied to help determine the justification for, and the effects of, various types of laws and contractual arrangements. The problems posed by externalities and other market failure arising in resource, labor, and product markets are discussed, and the legal framework and regulatory environment for addressing these issues is surveyed in order that alternative approaches might be evaluated.
The application of statistics to problems in business and economics, encompassing the gathering, organization, analysis, and presentation of data. Topics include descriptive statistics in tabular and graphical forms; the common measures of central tendency and dispersion; sampling and probability distributions; construction of confidence intervals and hypothesis testing; and correlation analysis.
Building upon prior analysis of international trade and finance, this course offers students an advanced study of the interaction of the economic and political processes in the world arena. Topics may include, but are not limited to, economic and political integration, theories of direct foreign investment and international production, economic development, the political economy of the global environment and international governance.
Serving as a capstone for the international political economy major, the seminar goes beyond disciplinary lines in an attempt to further integrate diverse and often competing perspectives, methodologies, and values. A research thesis, on a topic of individual student's choice made in consultation with an advisor, is required along with an oral presentation to faculty and students involved in the program.
Geography & Earth Science Courses
Carthage Department of Geography & Earth Science
An overview of contemporary themes in cultural/human geography which stresses the changing and changeable relationship between people and the environment. Topics include examination of urban, rural, and suburban landscapes; their functionality; how the human environment describes the culture and its values; the cultural basis for environmental problems; the origin and spread of human culture; human migration and the distribution of population. Listed as Geography 206 and Sociology 206.
A study of resource location and utilization, population and labor force characteristics, and the production and distribution of goods and service in selected regions of the world and its sustainability.
An examination of industrial location theory, site-selection analysis, market and service area estimation, network analysis and planning, the allocation problem, and related geographic data-gathering and analysis techniques which are applicable to the production and distribution of goods and services.
Political Science Courses
Carthage Department of Political Science
This course covers selected topics such as jurisprudence, international law, women and politics, U.S. foreign policy in Central America, art and politics, politics of developing areas, political socialization, the Presidency, criminal justice and internal security. The course content will determine in which area credit will be given.
Serving as a capstone for the International Political Economy major, the seminar goes beyond disciplinary lines in an attempt to further integrate diverse and often competing perspectives, methodologies, and values. A research thesis, on a topic of the individual student's choice made in consultation with an advisor, is required along with an oral presentation to faculty and students involved in the program.
Business Courses
Carthage Department of Business Administration
A study of management in an international environment, its evolution, and its position in today's society. Students also study the control and decision-making process for management of a worldwide organization, including the financial, marketing, human resource, political and ethical implications of the worldwide organization in local markets and in the international community. NOTE: This course was listed as BUSA371 in previous catalogs.
A survey of various legal systems including common law, civil law, and Islamic law. Students will be introduced to a variety of concepts, including the sources of international law, the distinction between private and public law, and the concept of sovereign nations. The implications of sovereignty as they relate to international business activity are a central theme of the course. Original source materials, case studies, and legal opinions are used. Special schedule. NOTE: This course was listed as BUSA373 in previous catalogs.
A survey course exploring the implication of international transactions on financial decisions. As businesses continue to globalize, anyone involved in international commerce needs to understand the effects of disclosure disparity, exchange rates, and multinational taxation on the entity's performance. In addition, they should understand the implications of international accounting standards on financial disclosure and capital market efficiency. Special schedule. NOTE: This course was listed as BUSA375 in previous catalogs.
Modern Languages Courses
Carthage Department of Modern Languages
Students will learn about social, political, and economic issues affecting the French-speaking world using a variety of media and texts. Issues will be contextualized in the contemporary world, and examination of their historical background will further students' understanding of these issues in their cultural context.
Students will learn about social, political, and economic issues affecting the German-speaking world using a variety of media and texts. Issues will be discussed within the context of the contemporary world, and examination of their historical background will further students' understanding of these issues in their cultural context.
Students will learn about social, political, and economic issues affecting the Spanish-speaking world using a variety of media and texts. Issues will be discussed within the context of the contemporary world, and examination of the historical background will further students' understanding of these issues in their cultural context.
Social Science Courses
A beginning course in statistical concepts and procedures needed for critically evaluating and conducting research in psychology, sociology, political science and other behavioral sciences.






