This course covers introductory material in the area of international monetary theory and policy. It examines the behavior of international financial markets, the balance of payments and exchange rates, interactions between the balance of payments, the exchange rate and domestic economic activity and ways of organizing the international monetary system.

This course deals with the causes and consequences of international trade and factor movements. Topics covered include theories of why nations trade, the consequences of trade for economic welfare and the distribution of income, the determinants of trade patterns, the tariff and other forms of commercial policy, trade policies of selected countries, and the formation of the multinational corporation.

Economics 69 is the culminating experience of the international economics sequence. It covers selected topics in international trade and finance beyond those covered in Economics 29 and 39. Offerings in the next few years are expected to include current research on (1) financial crises in emerging markets, (2) the role of trade, open capital markets, and financial development on growth in developing countries, (3) the determinants and consequences of foreign direct investment, (4) the impact of the multilateral trade agreements on world trade, and (5) issues related to globalization. Will require writing a major paper.

The course covers the latest research in international economics. Students will attend seminars where leading experts from both Dartmouth and other top institutions worldwide present their latest research and participate in an active discussion of the merits and limitations of the research. The primary outcomes of the course will be (1) a series of writing assignments summarizing these discussions; and (2) a proposed independent research proposal the student can pursue in a culminating experience and/or a senior thesis.