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Nov 08, 2024
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AMST 301/3100 - The US and the World Economy (3 cr.)
Prerequisites
Sophomore Standing or Higher
Description
The course will look at the relationship between the U.S. and the global monetary, financial and trading systems. From a historical perspective, the course will examine how the U.S. power has evolved in the post-World War Two as well as the emergence of the Bretton Woods institutions (IMF and World Bank) and the World Trading Organization (WTO). Current issues include but not restricted to the role and weight of the newly emerging industrialized countries. (BRICS: Brazil, Russia, India, China, and South Africa), the continued reliance on the U.S. dollar as the predominant reserve currency, and the impact of the growing American indebtedness on the world economy.
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