PA 854: Macroeconomic Policy and International Financial Regulation

This site provides resources for students in PA 854 at the University of Wisconsin, Madison for Spring 2010 Semester

Figure 1: Log GDP in Ch.2005$ SAAR (blue), potential GDP (black), and WSJ mean forecast (red). Source: M. Chinn, "What Do Business Economists Think the ARRA Accomplished?," Econbrowser, March 15, 2010, based upon BEA, CBO and WSJ data.

Syllabus | Important Dates | Downloadable Course Materials and Information Sources | Robert M. LaFollette School of Public Affairs | Department of Economics

LECTURE: MW 11-12:15 2106 Mechanical Engineering

Professor Menzie Chinn
Office Hours: M1-2; 4-5
7418 Social Sciences
Tel: (608) 262-7397
Home Page

Course Syllabus

PA854 Syllabus in PDF file.

This course surveys international macroeconomics, with special reference to international monetary policy and international financial market architecture. Topics include the structure of international financial markets; the role of central banks; exchange-rate systems; the determination of balance of payments and exchange rates; macroeconomics of open economies; policy analysis for open economies; policy coordination; the International Monetary Fund; and financial crises. The aim of this course is to provide an analytical background for those who plan to go into government service, international organizations and agencies, businesses involved in the global economy, nongovernmental organizations with international foci, and consulting firms analyzing international policy issues.

The textbook is Caves, Frankel and Jones, World Trade and Payments 10th Edition, available at the University Bookstore. Additional assigned readings will be available on the Web (via links on this website).

Important Dates

Course Materials and Sources of Economic Information

Downloadable Course Materials

Required Readings

News Reports and Additional Optional Readings

News Sources



Economics and Economic Policy Links

International Organizations

U.S. Government Agencies

Current and Historical Data

PA854 Macro Policy & Int'l Financial Regulation / UW Madison / / 2 May 2010