Because my economics courses also must teach the principles, lessons on globalization are typically introduced with case studies involving negotiations within teams and among other teams of students. They are presented with hypotheticals, many of which do involve international issues, and this allows them to apply lessons in a new perspective. Many times students are given a situation in economics that is a domestic event but they are given the opportunity to see a similar occurrence in other countries. One example could be to compare Japan’s banking crisis from the 1980s and 1990s to the US savings and loan crisis and the Great Recession.
