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LPS-EC209: China and the World Economy: International Monetary Economics

New for 2017

This course studies topics in open-economy macroeconomics and international finance. Topics include Exchange Rates, Current Account Imbalances, Inflation, Sovereign Debt, and Open Economy Macroeconomics. The course will include economic theory as well as several applications. The topics and related case studies are listed in the course overview section further below.


A university-level introductory course in Economics (e.g. Principles of Economics). Students should be familiar with intermediate microeconomics. Macroeconomics is not required, but would be useful. I will cover the key macroeconomic concepts in class, but in a manner that brings us to international applications quickly. The main overlap with macro will concern national income accounting and short-run macroeconomic stabilization (using an open economy version of “IS-LM”).

Full course outline

Cheng Sun

Dr Cheng Sun is an assistant professor in Guanghua School of Management at Peking University, and a research associate at the Development Research Centre of the State Council. She earned her B.A. from University of Rochester and her Ph.D. in Economics from Princeton University. She had worked for Hony Capital and the Investment Banking Division of Goldman Sachs before joining Guanghua School of Management. Her primary research interests include microeconomics, banking and corporate finance. Her research is supported by Development Research Centre of the State Council, Bank of China, Agricultural Development Bank of China and many others.