A survey of the theory and practice of the international monetary system. Topics examined include the determination of exchange rates, the international movements of capital, the conditions for balance of payments equilibrium, the process adjustment to disequilibria, and policy options in open economics. Weekly hours: 3 Lecture hoursPrerequisite(s): ECON 114.3; ECON 211.3 or ECON 273.3; and one of MATH 104.3, MATH 110.3, MATH 121.3, MATH 123.3, MATH 125.3, MATH 133.4, or MATH 176.3.
A survey of the theory and practice of the international monetary system. Topics examined include the determination of exchange rates, the international movements of capital, the conditions for balance of payments equilibrium, the process adjustment to disequilibria, and policy options in open economics. Weekly hours: 3 Lecture hoursPrerequisite(s): ECON 114.3; ECON 211.3 or ECON 273.3; and one of MATH 104.3, MATH 110.3, MATH 121.3, MATH 123.3, MATH 125.3, MATH 133.4, or MATH 176.3.
