Course # 39530 Specialization International Policy Finance & Policy This course is about economic policymaking, with a focus on fiscal and monetary policy. It is structured around six topics: (i) challenges of fiscal adjustment programs; (ii) implementing fiscal rules; (iii) interactions between fiscal and monetary policies; (iv) inflation targeting regimes; (v) adjusting to shocks through monetary policy; and, (vi) financial programming. For each section, we will begin with a review of some materials that give the student a broad perspective on the state-of-the-art knowledge in the particular topic, before turning to the specific and practical policy issues. The course aims to give students: (i) a good understanding on what policymakers should do in each policy area covered (the normative aspect); (ii) a sound explanation on why policies are not always optimal and, many times, deviate from the desirable course of action, emphasizing the obstacles for achieving optimality (for example, political constraints). Case studies will be drawn from recent country experiences. Recent News More news Natasha Mathur, MSCAPP’19, on the Connection Between the Real World and Data Tue., June 25, 2024 Research Professor Robert Kaestner Assesses Effects of Increased Income on Infant Health Tue., June 18, 2024 Harris Voices: Miguel A. Blancarte, Jr., CLA'21, on Growth During Trying Times Mon., June 17, 2024 Upcoming Events More events Harris Alumni and Student Summer Send-Off Brunch in Seoul Sat., June 29, 2024 | 11:30 AM AL NUOVO (알 누오보) 83, Wausan-Ro 29GA-Gil, 2F Mapo-gu Seoul 04054 South Korea UChicago Harris Coffee Chat in Seoul Sun., June 30, 2024 | 10:00 AM Offer Bakery Cafe 21 Hongik-ro 5-gil Mapo-gu Seoul 04039 South Korea Harris Campus Visit Wed., July 10, 2024 | 10:00 AM Keller Center 1307 E 60th St Chicago, IL 60637 United States