Master of Development Economics (MDE) - Open Economy Macroeconomics ECON 5253   Open Economy Macroeconomics
CREDIT HOURS: 3
The purpose of this course is to build an understanding of contemporary issues in international economics, by providing a formal exposition and discussion of theoretical models for open economy macroeconomics. The topics covered include intertemporal consumption-saving decisions, economic growth, fiscal and monetary policies, and exchange rate models. Building on these theories, a focus will be placed on Developing countries’ economies, by comparing their economic growth, discussing foreign debt and banking crises, and examining the causes and consequences of currency crises.
FORMAT:
  • Lecture
  • Seminar