ECON 386: Economics of Latin America

Course Description

This course analyzes the economic issues surrounding the economic policies and economic development of Latin American countries.  We will examine the persistent barriers to economic development in Latin America, as well as the occasional success stories.  Economic principles will be used to understand the root balance of payments difficulties, exchange rate and debt crises, hyperinflation, dollarization, and geographical and income inequalities throughout the region.  Also, the course will evaluate Latin American development policies ranging from the import-substituting industrialization policies of the 1950’s to 1970’s to the market-oriented reforms of the 1980’s to the present.  Aid policies and international monetary institution advice and plans will be examined.  Prerequisites:  (ECON 202 or 208 AND ECON 201 or 209 with a grade of C or better) AND EITHER (Admitted Business majors; Admitted Econ Bus majors, Econ COLS majors & minors) OR (30 credits with no more than 21 credits of 300/400 level College of Business courses and 2.5 GPA) Special fees may apply.