Study of how the financial sectors of globally interconnected economies impact real economic activity. It includes interrelationships of interest rates, exchange rates, expectations, financial markets, financial institutions, central banks, systemic crises, the supply and demand for money and other financial instruments, and an introduction to monetary theory, policy and regulation.
Prerequisite(s): (ECON 401 with minimum grade of C- or ECON 401H with minimum grade of C- ) and (ECON 402 with minimum grade of C- or ECON 402H with minimum grade of C- or EREC 411 with minimum grade of C- )