International Macroeconomics- Policy, Theory & Evidence

Catalog description

This course is an introduction to international macroeconomics and a review and analysis of current international macroeconomic and financial issues policies and events including interest rates exchange rates and asset prices in the global economy causes and consequences of trade deficits and external imbalances the Asian and the global financial crisis of 19971999 and the policy response to it causes of currency banking and financial crises short and long term effects of monetary and fiscal policy the drive to reform the international financial architecture the debate on IMF and World Bank reform emerging markets external debt and attempts to restructure it the bail.in burden sharing debate and the globalization of financial markets These topics are integrated into a theoretical framework that stresses international factors from the start Examples from the United States Europe Japan and emerging market economies are used to enhance knowledge of the world economy.