ECON 360 International Monetary Economics (Not offered 2004-2005)

This course studies the macroeconomic behavior of economies that trade both goods and assets with other economies: international financial transactions, especially the buying and selling of foreign money, the role of central banks and private speculators in determining exchange rates and interest rates, and the effects of international transactions on the overall performance of an open economy. Additional topics may include the "asset market approach" to exchange rate determination, the nature and purpose of certain international institutions, and important current events. Format: lecture. Requirements: two hour tests and a choice between a 10-page paper or a comprehensive final. Prerequisites: Economics 251 and 252. Enrollment limit: 20 (expected: 15-20).