Undergraduate Prerequisites: (CASEC202 & CASEC203) or equivalent. ; Undergraduate Corequisites: (CASEC204)or equivalent. - This course analyzes what determines exchange rates, including interest rates, fiscal and monetary policies, GDP growth, inflation, and other factors. We will examine the causes of exchange rate crises, the functioning of fixed and flexible exchange rate systems, the effect of the worldwide saving imbalance, the crisis in the euro zone, as well as other current topics. We will also study hedging and speculating in foreign exchange markets by using futures and forward contracts and options. Effective Fall 2020, this course fulfills a single unit in the following BU Hub area: Social Inquiry II.

Note that this information may change at any time. Please visit the MyBU Student Portal for the most up-to-date course information.