MGEC61H3 International Economics: Finance

Macroeconomic theories of the balance of payments and the exchange rate in a small open economy. Recent theories of exchange-rate determination in a world of floating exchange rates. The international monetary system: fixed "versus" flexible exchange rates, international capital movements, and their implications for monetary policy.

Prerequisite: 
Exclusion: 

ECO230Y1, ECO365H1

Enrolment Limits: 
60
Breadth Requirements: 
Social & Behavioural Sciences