Permission of instructor required
The aim of the course is that the students develop an understanding of the main implications of increasing integration of the world economy. By describing the various ways that countries are affected by each other — through trade linkages, multinational production, or financial markets — the course will try to explain how these forces affect the decisions of individuals and firms.
The course will be divided in two parts. The first part will be more like a traditional lecture class and will focus on theoretical models and empirical facts. The second part will be more like a seminar course with presentations by students and wide discussion on topics in international finance and international macroeconomics.
There will be three problem sets, a presentation, and a final term paper. The first part of the course will provide important tools for the students in order to prepare their presentation and their term paper. In the presentations, students will put forth the main arguments and ideas that will be part of their term paper.
Prerequisite: After intermediate macroeconomics or equivalent
[Also GLBL 310]