Music Theater Building (formerly Fine Arts Building) 1002
Section Information for Spring 2017
This course will cover important theoretical models and recent empirical work in international monetary theory and open economy macroeconomics. Because its purpose is to bring you to the forefront of research in this area, it is very important that you are familiar with basic mathematical tools such as differentiation, integration, and introductory dynamic optimization theory. In addition, we will go over a fair amount of time series econometrics. This course is open to all graduate students.
Examines international adjustment mechanism, price and income effects, controls, and monetarist approach; development of international monetary system; demand for international reserves; capital movements; and role of International Monetary Fund.