ECON 147 PZ -International Money and Finance

Institution: Pitzer

Description: In global financial markets the foreign exchange market, and therefore the exchange rate, forms an integral part of the financial system and the most important price in any economy. The choice of exchange rate policy is particularly important for open economies, in which the relationship between domestic and international economies affect virtually all other economic conditions. In particular, the decision to enter a monetary union can bring important economic benefits as well as costs for the member countries. Because monetary unions are a form of regional integration and because regional integration is important in global politics the decision to join a monetary union needs to be analyzed in the political economy as well. This course will give a brief introduction to the historical, economic and political process associated with monetary unions and will cover this topic from an inter-disciplinary perspective.

Prerequisite(s): ECON 051 PZ & ECON 052 PZ Please also check the current course schedule for requirements.

For up-to-date information on current course offerings and details, please refer to the Pitzer class schedule on MyCampus2 Portal.