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ECON442

Globalization and Capital Markets

Uses models of open-economy macroeconomics to explain the causes and consequences of international capital flows. Analysis is made of private consumption, investment, the government sector, current accounts, the labor market, and the money and foreign exchange markets in small open economies. This framework is then used to study examples of how speculative attacks on currencies, sudden reversals of capital inflows, and the effects of the lack of credibility of economic policy affect economic development.

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Average GPA: 2.50 between 528 students

"W"s are considered to be 0.0 quality points. "Other" grades are not factored into the average GPA calculation.