Students are expected to work in teams to develop alternative solutions to problems discussed. This framework uses a few basic economic principles to analyze the structure of financial markets, the foreign exchange market, bank management, and the role of money in the economy. International applications are integrated throughout the course. Topics such as international banking, conduct of monetary policy in other countries and the growing integration of financial markets among others will be covered. This course examines the development of economic theories from pre-classical to contemporary economics.
Emphasis is placed on contributions of individual writers and schools of economic thought.
Emphasis on factors that condition growth in underdeveloped countries and on problems of maintaining growth rates in advanced economies. A survey of the salient features of the present international economy and a foundation in the theory of international trade and finance. Among topics included are classical and modern trade theories, regional economic integration, commercial policy and current issues of the global economy. A discussion and appraisal of specific governmental regulatory policies towards business. In addition, the political and social ramifications of regulatory policy will be examined.