ECON 513(S) Open-Economy Macroeconomics
This seminar course examines some important issues in international macroeconomics, with particular reference to developing countries. It covers theoretical models of interest rate parity and exchange rate determination, a comparative study of fixed and floating exchange rate regimes and optimum currency areas. The theoretical background will be followed with study of important current macroeconomics issues ranging from choice of exchange rate regime for developing countries, international currency crises, capital controls, international financial architecture, foreign aid and macroeconomic policy reform.
Prerequisites: Economics 252. Expected enrollment 25-30. Undergraduate enrollment limited and requires instructor's permission.
Hour: SAMSON