EC 440 - International Financial Economics

(3.00 cr.)

Prerequisite: EC 103 . Recommended Prerequisite: EC 301 . Examines the financial side of international economic activity. Topics include balance of payments; foreign exchange; spot markets and forward markets; covered and uncovered interest parity conditions; monetary and portfolio balance models of exchange rate determination; macroeconomic policy in an open economy; under fixed and flexible exchange rates; optimum currency areas; and issues surrounding the European Monetary Union. GT