AEM 4545 - International Finance and Macroeconomics

(crosslisted) ECON 3545
(CU-ITL, EC-SAP)

Fall. 3 credits. Letter grades only.

Prerequisite: AEM 2300 or ECON 2300 or ECON 3040 or equivalent. Recommended Prerequisite: ECON 3120 or ECON 3140 or equivalent. Permission of instructor required.

E. Prasad.

This course will cover analytical models and empirical evidence on the functioning of international financial markets (exchange rates, capital flows, monetary policy spillovers). Emerging market perspectives on these issues will be emphasized, with a particular focus on the economies of China and India. The course will also survey novel financial technologies (Fintech, cryptocurrencies, central bank digital currencies) and their implications for monetary policy, financial regulation, and other policies. Students will be required to write an independent research paper (knowledge of econometrics strongly recommended).

Outcome 1: Demonstrate ability to formulate a research topic, conduct independent quantitative research, and write a substantive research paper.