Internatl Finance

3 Credits · Level: Graduate, Undergraduate

This course examines macroeconomics in open economies that are linked by trade, capital flows, and exchange rate policies. The goal is to provide an analytical framework for understanding current events and major challenges facing the world economy. The course will develop theoretical tools that can be used to analyze the economic performance of open economies and to evaluate alternative policy options for macroeconomic management. Topics include balance of payments accounts, foreign exchange and money markets, monetary and stabilization policies, exchange rate regimes, economic growth, currency and financial crises, and the international financial architecture. Examples from both developed and developing country experiences will be discussed.