Introduction to Financial Markets and the Global Economy

Catalog description

This course aims to provide a timely framework to understand economic recessions and expansions and the financial markets' response to world events. The Covid recession reduced the size of the world's economies and output. What does this mean? How is output connected to employment? How are exchange rates determined in global capital markets? We will introduce the policy options of government spending. We will discuss, as data become available, the continuing impact of the coronavirus on the domestic and the global economy.