An introduction to the workings of the world economic system and the interactions among different countries. It consists of three parts: Trade, which asks how and why different countries engage in the process of exchanging goods and services and the consequences of such interactions; International financial and monetary system, which looks at a country's balance of payments account, exchange rate determination, and open macroeconomic analysis and policy; International development, which surveys experiences of developing countries, including their relationship with developed countries. Students analyze developments in the world economy, and judge the soundness and/or appropriateness of government actions.
Class Restrictions
Exclude: FR-First-Year; SO-Sophomore