This course will help students develop an understanding of issues in international macroeconomics that are important for investors and managers operating in the global marketplace. It will cover theories of exchange rate determination and how well they match the data; the management of exchange rate risk for businesses; the choice of exchange rate regime, including monetary unions like the euro area; international financial crises and the roles of the International Monetary Fund and World Bank; fiscal and monetary policy in an open economy; the concept of current accounts and how to evaluate their sustainability; and the future of the dollar as the world's reserve currency.
Business 33040 or equivalent is recommended, but not required. Cannot enroll in BUSN 33502 if BUSN 20230 taken previously.
Based on a combination of class lectures, textbook chapters, and newspaper and magazine articles. This course will have a Canvas site.
Based on a combination of quizzes, a mid-term, homeworks, and a final exam. Cannot be taken pass/fail. No auditors.
- Allow Provisional Grades (For joint degree and non-Booth students only)
- No auditors
- No pass/fail grades
Description and/or course criteria last updated: November 05 2023
