Course: ECON 403. Open-Economy Macroeconomics (3)
Prerequisites: ECON 310 with a “C” or better; either ECON 311 or ECON 312. Examines the determination of currency values in foreign exchange markets, a country’s domestic balance of payments, interest rates and purchasing power parity and macroeconomic policies in an open economy. Other topics include the effects of financial innovation, economic integration, financial crises, and macroprudential regulation on global financial markets and national economies.