Global Macroeconomics

Catalog description

Credits 3. 3 Lecture Hours. Interaction of people, firms and governments across countries in the global macroeconomy; examines international flows of goods, capital and currencies and their implications for output, employment and prices; models of exchange rate determination, balance of payments and cross-border borrowing and lending; explores the effects of fiscal and monetary policy in open economies; causes and consequences of currency, debt and financial crises. Prerequisite: Grade of C or better in ECON 410 , or approval of instructor.