Global Economy (GMA-E229)

Summer 2024 · GMA E229 · Tufts University · 1.5 credits · Undergraduate

Provides an introduction to selected economic issues and to basic economic principles and methods. The economist John Maynard Keynes wrote that "the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood." Economics is not primarily a set of answers, but rather a method of reasoning. In this class, we apply that reasoning to a variety of global economic topics. After a review of basic economic tools, we will study market structures and the role of multinational firms, economic growth, the loanable funds market, exchange rate dynamics and the role of monetary policy in domestic and international affairs. The goal of the course is not to provide a comprehensive or intensive study of the discipline, but rather to highlight several topics of special importance in current international economic affairs.

Course codes: GMA-E229

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