Macroeconomics II

Catalog description

Concepts and tools needed to understand the global economy. In particular, emphasizes the interaction between countries in the trade of goods and services, and in the exchange of financial assets. Uses models to understand why countries trade with one another, and the effects of trade policy on the macroeconomy. In addition, studies how exchange rates are determined, how assets flow across countries and why trade deficits occur. Students produce analyses of how events ripple through the global economy via the complex interactions between countries.