2015-2016 Undergraduate Catalogue Archived Catalogue
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ECN 432 - Advanced Open Economy Macroeconomics Credits: 3 Prerequisites: ECN 322 and admission to the Cameron School of Business. Analysis of forces that determine output, employment, inflation, wages, and interest rates in an open-economy setting. Topics include the challenges faced by policymakers, the role of exchange rates in the macroeconomic adjustment process, guidelines for monetary policy, and interactions between the macro economy and the financial system. Special emphasis on using high frequency macroeconomic data - such as employment, retail sales, housing, and CPI releases - to assess economic trends and present research on important policy issues.
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