4.0

Average Course Rating

This course covers essential concepts and the basic theory underlying international macroeconomics and finance. Topics include: basic macroeconomic aggregates and key macro-financial indicators; central banking and monetary policy; exchange rates and the foreign exchange market; expectations, interest rates and capital flows; international financial markets and the macroeconomic linkages of open economies; monetary and fiscal policy in open economies; and macroeconomic policy in open economies. Interactive exchanges will be highly encouraged, especially as students engage in role-playing scenarios where they assume the role of economic advisors to a Prime Minister or President. They will be tasked with providing policy briefings and delivering in-class presentations, offering their expert recommendations. Basic algebra and graphical analysis will be used in this class. This course is reserved for students in the MAGR program.