Economics | Internationl Monetary Economics
E332 | 1733 | Pedroni


Economics International Monetary Theory
E332  1733  Peter Pedroni

Course Description:  The course surveys topics in international
finance
and open economy macro.  Emphasis is placed on broadening
macroeconomic
tools and insights developed at the intermediate level to include a
more
in depth understanding of the role of the international economy.
Special
topics include international business cycles and policy coordination,
the
nature of currency crises and the role of speculative attacks in
recent
exchange rate systems.


Required Textbooks and Readings:

(1) Daniels and VanHoose, INTERNATIONAL MONETARY AND FINANCIAL
ECONOMICS,
South-Western College Publishing, 1st Ed, 1998.

(2) Copeland, EXCHANGE RATES AND INTERNATIONAL FINANCE,
Addison-Wesley,
2nd Ed., 1994.

(3) Students are also encouraged to follow international financial
news
developments through regular reading of appropriate news journals such
as
the Financial Times of London.  Educational discounted subscriptions
rates
will be made available in class for those who wish to subscribe.


Course Prerequisites:  E201 Principles of Micro, E202 Principles of
Macro,
and E322 Intermediate Macro.  E321 Intermediate Micro is also a formal
prerequisite, though it may be waived with permission from the
instructor.
Students are assumed to be fluent in algebra, and to be comfortable
working with analytic diagrams.  Calculus is not required.

Course Requirements:  Two "blue-book" style midterm exams, each worth
35%
of total grade.  One term paper, worth 30% of total grade, due at the
end
of the semester.