International Payments and Finance

Three credits · Undergraduate

This course covers the theory and policy implications of international payments and finance, and examines problems of coordinating macroeconomic policies across countries. Topics include national income accounting and the balance of payments; exchange rates and the foreign exchange market; fixed versus flexible exchange rate regimes; international monetary systems; common currency areas and the Euro; financial globalization and its effects on countries. Prerequisites: ECON 201, 202. Three credits.