University of Portland Bulletin 2020-2021

BUS 564 Macro Economics in the Global Economy

This course examines the determination of national output, inflation, and unemployment within the context of the global economy. Difficulties of implementing stabilization policies in the open economy are discussed. The effects of monetary and fiscal policy on interest rates and currency values are considered. The issue of trade deficits and surpluses are also discussed.

Prerequisite

BUS 501 or equivalent.