INTERNATIONAL MACROECONOMICS

Prerequisites & course information

Requisites: ECON 302 or 312 Course Designation: Core GenEd - Social & Behavioral Science Breadth - Social Science Level - Advanced L&S Credit - L&S Liberal Arts and Science Repeatable for Credit: No Last Taught: Spring 2026 Learning Outcomes: 1. Describe how foreign exchange markets work and use interest and purchasing power parity theories to describe how changes in the economic environment affect exchange rates. Audience: Undergraduate 2. Connect unbalanced trade in goods to trade in financial assets and understand the link between trade deficits/surpluses and a country’s net international investment position. Audience: Undergraduate 3. Access and analyze data on cross-country asset flows and exchange rates. Audience: Undergraduate 4. Use economic theory to interpret policies such as the Bretton Woods agreement, the Euro, and Argentina’s fixed exchange rate regime. Audience: Undergraduate Learning Outcomes: 1. Describe how foreign exchange markets work and use interest and purchasing power parity theories to describe how changes in the economic environment affect exchange rates. Audience: Undergraduate 2. Connect unbalanced trade in goods to trade in financial assets and understand the link between trade deficits/surpluses and a country’s net international investment position. Audience: Undergraduate 3. Access and analyze data on cross-country asset flows and exchange rates. Audience: Undergraduate 4. Use economic theory to interpret policies such as the Bretton Woods agreement, the Euro, and Argentina’s fixed exchange rate regime. Audience: Undergraduate