ECON 3340 - International Monetary Systems

UG
Credit Hours: 3

This course presents and applies International Monetary theory to recent events and current policy issues. The theory presented in this course covers a broad range of topics including exchange rate determination, monetary and fiscal policy in an open economy (that is, an economy that trades goods and assets with the rest of the world), balance of payment crises, the choice of exchange rate systems and their advantages and disadvantages, currency unions and international debt. The insights provided by these theoretical frameworks will enable the class to discuss topics such as the US current account deficit, the single currency in Europe, the Asian and Latin American financial crises, global finance imbalances, government intervention in the foreign exchange market and the role of international factors on a nation’s employment, wage and economic performance.

Prerequisites: ECON 2305.
Lecture Hours: 3
Lab Hours: 0

When Offered: (Spring even years)