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Open-Economy Macroeconomics
ECON 331
Fall 2021
Section: 01  

This course will consist of three broad modules all relating to international finance/open-economy macroeconomics. First, we begin by a discussion of national income accounting, and we will discuss concepts such as the balance of payments, current account, financial and capital accounts, and their interrelations. Second, we discuss how exchange rates are determined, and their role in shaping countries' macroeconomic trajectories. We will cover important concepts such as interest rate parity, purchasing power parity, and real exchange rates. Third, we will apply what we learned to discuss topics such as fixed versus flexible exchange rate regimes, how the international monetary system works and its history, optimum currency areas and the eurozone, and other relevant case studies.
Credit: 1 Gen Ed Area Dept: SBS ECON
Course Format: Lecture / DiscussionGrading Mode:
Level: UGRD Prerequisites: ECON302
Fulfills a Major Requirement for: (CGST-MN)(ECON-MN)(ECON)
Past Enrollment Probability: 90% or above

Last Updated on JUN-24-2024
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