ECON 319 - The Great Recession: An Oxford Tutorial

Credits: 4
Planned Offering: Spring 2013 and alternate years

This course provides fundamental insight into the causes and consequences of the Great Recession through the lens of the theory and application of international finance. Students gain an understanding of international interactions through trade in goods and assets, government policy, and the transmission of shocks: specifically of the fundamental determinants of the balance of payments and exchange rates; the theory and evidence relating to exchange rate behavior and to alternative exchange rate arrangements; the international context within which domestic macroeconomic policy is designed and conducted; international macroeconomic linkages; and the importance of international macroeconomic policy coordination.
Davies.