This course provides an overview of international financial economics, developing analytic tools and concepts that can be used to analyze world economic policy debates. It covers the international implications of macroeconomic policies, international monetary arrangements and institutions, and stabilization programs for developing countries. Although the major emphasis of the course is on the macroeconomics of international economics, a portion of the course will also examine the microeconomic context. Topics will include the basic theories of international trade and factor movements and how trade and exchange rates determine the international balance of payments. This course presumes prior or concurrent knowledge of intermediate macroeconomics. Prerequisite: PUBPOL 556 (Macroeconomics) or permission of instructor.