DREW UNIVERSITY - PRINCIPLES OF MICROECONOMICS (ECON 101)

 

Course Description: 

This course surveys theories of exchange rate and balance of payments determination. Included are the elasticity approach, Keynesian models, and the monetary approach. The course also focuses on the mechanics of foreign exchange trading, the balance of payments accounting (addressing the importance and differences of both open economies and closed economies,) and the international monetary system. Semester(s) Taught: Fall 2014, Spring 2015, Fall 2015 and Spring 2016

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