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ECON-641 International Macroeconomics and Finance

ECON-641 International Macroeconomics and Finance
Fall only
Faculty:
  • Gete, Pedro
  • This course examines macroeconomic policy and performance of open economies under alternative exchange rate regimes. Basic topics covered include arbitrage relationships, static and intertemporal current account determination, the effectiveness of fiscal and monetary policies under fixed and flexible exchange rate regimes, models of exchange rate dynamics and issues of exchange regime choice. Additional topics may include analyses of stabilization and growth and balance-of-payments crises. While the emphasis is on developing analytic tools, references are made to experiences among industrial and developing economies.
    Credits: 3
    Prerequisites: ECON-601 and ECON-606
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