International Finance

New School for Social Research: Economics

Graduate Course

Majors Only

International Finance

Fall 2020

Taught By: Willi Semmler

Section: A

CRN: 7019

Credits: 3

This course is devoted to studying international monetary economics and finance theoretically and empirically. We begin with a historical overview of the gold standard, the Bretton Woods system, the Euro-System, and other international monetary and currency systems. We then examine theoretically and empirically the balance of trade and balance of payment accounts and their adjustments as well as the question of how growth, employment and inflation are impacted by fixed or flexible exchange rates. Special emphasis is given to topics such as the impact of globalization, financial instability and monetary and fiscal policies, exchange rate volatility and its impact on the real and financial sector, foreign debt, capital flows, currency runs, and international portfolio decisions. As important recent historical crisis episodes the Latin American debt crisis, the Asian currency crisis, the US financial market meltdown, and the EU sovereign debt crisis are studied. We also will explore World Bank and IMF policies and issues concerning financial market liberalization, international financial regulations and international financial architecture. Two Meetings: Sat: Class R: Lab

College: New School for Social Research (GF)

Department: Economics (GECO)

Campus: Online (DL)

Sync Type: N/A

Course Format: Seminar (R)

Max Enrollment: 12

Add/Drop Deadline: September 16, 2020 (Wednesday)

Online Withdrawal Deadline: November 24, 2020 (Tuesday)

Seats Available: No

Status: Closed*

* Status information is updated every five minutes. The status of this course may have changed since the last update. Open seats may have restrictions that will prevent some students from registering. Updated: 11:55am 10/27/2020 EDT

Meeting Info:

Days: Saturday

Times: 10:00am - 11:50am

Building: Online Course

Date Range: 9/12/2020 - 12/19/2020

Days: Thursday

Times: 6:00pm - 7:50pm

Building: Online Course

Date Range: 9/18/2020 - 12/17/2020