ECON 7028X International Economics and Finance

30 hours plus conference; 3 credits

The foreign exchange market, international financial markets, and the determination of the equilibrium exchange rate. Price levels and the exchange rate in the long run; output and the exchange rate in the short run. Foreign exchange intervention. Capital mobility. Monetary and asset market approach to the balance of payments. International macroeconomic policy and the international monetary system.

Prerequisite: one undergraduate course in macroeconomics and one undergraduate course in microeconomics. Prerequisite or corequisite: Economics 7025X [725.1X].

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