International Finance

3 Credits · Level: Graduate, Undergraduate

Econ 5777 is designed to provide a comprehensive understanding of international finance and open economy macroeconomics. Key areas of study include the determination of the balance of payments, trade and financial integration, risk-sharing mechanisms, global imbalances, and international business cycles. Students will learn and apply theoretical models to analyze monetary policy in open economies, nominal exchange rate regimes, real exchange rate dynamics, sudden stops, and sovereign debt crises. Additionally, the course incorporates a computational component, enabling students to apply quantitative methods and programming tools to solve real-world problems in international economics and finance.