International Finance

(3 Credit Hours) · Undergraduate

This course presents the theory of International Finance and applies it towards gaining an understanding of recent events and current policy issues. The theory presented in this course covers a broad range of topics including exchange rate determination and the choice of exchange rate systems, monetary and fiscal interactions in an open economy, balance of payments crises, and international debt. The insights gained from the theoretical framework will enable us to discuss topics such as current account deficits and global financial imbalances, the Chinese exchange rate regime, proposed changes in the international financial architecture, the single currency in Europe, the Asian and Argentine financial crises, and the role of international factors on a nations employment, wage and economic performance.