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ECON 631 International Macroeconomics 3.0 Credits

This is a course in open economy macroeconomics. Key topics include: The Real Business Cycle (RBC) model in an open economy, the effects of interest rate shocks in small open economies, the determination of equilibrium terms of trade, non-tradable goods and the real exchange rate, the role of price rigidity in the determination of nominal exchange rates, exchange rate regimes, capital controls and labor markets, balance of payments crises and sovereign default.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 614 [Min Grade: C]

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