PA 854: Macroeconomic Policy and International Financial Regulation

This site provides resources for students in PA 854 at the University of Wisconsin, Madison for Fall 2019 Semester

Source: BEA 2019Q2 advance release, Federal Reserve via FRED, author's calculations regarding term spread/growth regressions. 2019Q3 spread based on July data.

Syllabus | Important Dates | Downloadable Course Materials and Information Sources | Robert M. LaFollette School of Public Affairs | Department of Economics
LECTURE: MW 2:00PM - 3:15PM, Van Hise 159

Professor Menzie Chinn
Office Hours: M 12-1:30, W 5:30-6 (provisional subject to change) 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 recommended textbook is Caves, Frankel and Jones, World Trade and Payments 10th Edition. The recommended text is not available at UW Bookstore; Amazon currently has copies available. The required textbook is available in draft form below. 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

Additional Optional Readings/Links

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 / / 18 August 2018