Course ID: | ECON 8510. 3 hours. |
Course Title: | International Economics I |
Course Description: | A general equilibrium treatment of commodity and intra-industry trade, international capital mobility, and immigration, with treatments of alternative government policies including free trade, import tariffs and subsidies, export taxes and subsidies, quotas, and voluntary export restraints. |
Oasis Title: | INTERN ECON I |
Prerequisite: | ECON 8010 |
Semester Course Offered: | Offered every year. |
Grading System: | A-F (Traditional) |
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Course Objectives: | The area of international macroeconomics is one of the most active in macroeconomics.
This course surveys some of the recent developments in the field. Focusing both on
the real and monetary aspects, this course emphasizes the development and analysis of
internally consistent and well-specified dynamic models. |
Topical Outline: | Dynamics of Open Economies: The Basic Models
Real Exchange Rates and Relative Prices
Uncertainty and Financial Markets
Sovereign Risk
Economic Growth in a Small Open Economy
Exchange Rate Regimes and Exchange Rate Management
Two-Country Models and Macroeconomic Interdependence: The "New" Open Economy
Macroeconomics
Balance of Payments Crisis
International Real Business Cycles |