AEM 4545 International Finance and Macroeconomics
This course will examine the determinants of international capital flows and their consequences for growth and volatility. Basic analytical models in international finance, including those related to exchange rate dynamics, will be covered. Emerging market perspectives on these issues will be emphasized, with a particular focus on the economies of China, and India. The course will analyze the challenges created by rising global financial integration for monetary policy, financial regulation and other policies. Students will be required to write an independent research paper. Outcome 1: Demonstrate ability to formulate a research topic, conduct independent quantitative research, and write a substantive research paper.
AEM 4230 or equivalent. Intermediate econometrics/statistics desirable but not required.