GBUS 8418 - Global Macroeconomics and Financial Markets

The course is intended to deepen students’ understanding of links between global macroeconomic forces and their impact on financial markets. The cases cover major economic developments that have shaped the world financial system such as energy shocks, financial crises, and regime shifts in monetary, fiscal, and exchange rate policies. Historical lessons from the evolution of the global financial system will be offered and comparisons will be made with the current global environment for which extensive contemporary readings will be assigned and some outside speakers invited. The course is designed to provide students with the most up-to-date view on the forces that currently are shaping financial markets in developed and emerging economies. It will also provide a framework for students to make investment decisions in bond, equity, and currency markets that build upon the tools developed in First Year Global Economics and Markets.

Credits: 1.5