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ECON 3377 World Economy: Gold Standard to Globalization (Fall/Spring: 3 )


Course Description

This course explores the history and functioning of international monetary arrangements and economic relations from the early twentieth century to the present day. What was the role of the Gold Standard in the Great Depression? Why did the Bretton Woods regime of fixed exchange rates collapse at the beginning of the 1970s? Why did European countries decide to form a monetary union? How does European monetary unification affect policy interactions between the U.S. and Europe? What are the consequences of financial and trade globalization? The course will explore these questions by combining history, political economy, and economic theory.


Instructor(s): Fabio Ghironi

Prerequisites: EC202 or EC204. Recommended: EC201 or EC203. Any previous exposure to international economics would be helpful, with EC372 or EC271 more so than EC371.

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Last Updated: 07-Dec-13