Prerequisites: Requires approval by a faculty member who agrees to supervise the work.
May be repeated for up to 6 points of credit. Graduate-level projects in various areas of electrical engineering and computer science. In consultation with an instructor, each student designs his or her project depending on the student's previous training and experience. Students should consult with a professor in their area for detailed arrangements no later than the last day of registration.
This course examines key issues in open economy macroeconomics, including the foreign exchange market, international monetary arrangements, the balance of payments and current account imbalances, national income accounting, the effectiveness of monetary and fiscal policies in open economies, the determinants of exchange rate changes, and the economics of monetary integration. The course is policy-oriented, analyzing case studies and issues relating to the current global economic and financial crisis, the U.S. budget and current account deficits, the value of the dollar, the Japanese economy, Chinese trade and the value of the yuan, the operation of the European Monetary System, the European Central Bank and the crisis over the euro, the international transmission of economic disturbances, and other related topics.
The objective of this course is to provide students with a strong foundation of the basic principles of microeconomic theory.