Macroeconomics for Computational Finance
Course Number: 46975
Concentration: Finance
Semester(s): Fall, Mini 6
Required/Elective: Required
Prerequisite(s): None
This class is designed to give students an understanding of the functioning of the US economy and how it relates to the global economy. This knowledge will enable students to grasp the enormous differences in economic environments faced by businesses around the world; The course will utilize analysis of economic environments through the lenses of open-economy macroeconomics. This is the field of economics concerned with how national performance and economic policies are affected by the presence of trade and international capital flows. The course will use this approach to study issues such as economic indicators and forecasting (where are we headed?); economic growth (why are some countries more productive than others?); business cycles (why do we have booms and recessions?); fiscal and monetary policy (how does policy affect labor and credit markets?); international trade, capital flows and foreign exchange rates.