Feb 26, 2024  
College Catalog 2018-2019 
    
College Catalog 2018-2019 [ARCHIVED CATALOG]

ECON 422 - International Macroeconomics and Finance


This is a course in open economy macroeconomics and international finance. Special emphasis is placed on the causes and consequences of the international financial system’s evolution. The four major international monetary regimes of the twentieth century, the classical gold standard, the interwar gold-exchange standard, the Bretton Woods System, and the floating-rate dollar standard, are explored in chronological order as well as attempts at monetary union in Europe. Topics examined include: 1) exchange rate determination, 2) balance of payments, 3) macroeconomic adjustment, and 4) international monetary institutions. Case studies are used extensively. This course counts as a Group E elective. It is a capstone course. Prerequisite(s): ECON 361  and ECON 371 . C- or higher required for all prerequisites. (4 Credits)