Class Details (Information is updated at 5 a.m., noon and 5 p.m. CST)
Details
Students will learn about international monetary relations by understanding the balance of payments among nations, exchange rate systems, and factors influencing exchange rates. The importance of hedging the exchange-rate risk as well as use of exchange rate, monetary and fiscal policies in dealing with unemployment, inflation and balance of payments problems will be discussed. European monetary union, IMF, and World Bank operations and roles will be addressed. Prerequisites: ECON 201 and 202. (Sp)