Given that the Rhodes Center for International Economics and Finance is dedicated to the interdisciplinary study of these subjects, we recommend any and all courses offered by the Economics Department as the first stop for students. This list of courses is designed to highlight each semester those courses taught that are of particular relevance to students who share our interests (as of June 2022).
Individual securities: forwards, futures, options and basic derivatives, pricing conditions. Financial markets: main empirical features, equity premium and risk-free rate puzzles, consumption based asset pricing models, stock market participation, international diversification, and topics in behavioral finance.
This course analyzes the role of financial institutions in allocating resources, managing risk, and exerting corporate governance over firms. After studying interest rate determination, the risk and term structure of interest rates, derivatives, and the role of central banks, it takes an international perspective in examining the emergence, operation, and regulation of financial institutions, especially banks.
This course covers some of the unique events and characteristics that have shaped the economic development landscape of Latin America since colonial times until the present. Topics include: the historical legacy, why Latin America fell behind, import substitution industrialization, the debt crisis, poverty and income inequality, inflation, trade and financial liberalization and competitiveness. The class exposes students to a number of concepts and tools that can be broadly applied to the understanding of development in other geographic areas.
This course examines Brazilian social, political, economic, and environmental conditions and development since the end of the military regime in 1988. After a “bird’s-eye-view” of Brazilian history we will discuss the fundamentals of the political system. From politics, we shift the focus and discuss social policy. Besides assessing the general condition of health, education, social security and welfare areas, we will focus on anti-poverty and income transfer programs, and affirmative action in higher education. Finally, we will examine Brazilian environmental policies during this period.
The state of the economy and the economic policy are arguably among the most important constraints and contentious issues for the political and social development of the country. They will be a constant presence in our discussions.
Oil is the single most valuable commodity traded on global markets. This course is designed to introduce students to the international political economy and security dimensions of oil and energy. The course explores the industry’s many impacts on politics and economics, including: Dutch disease and the resource curse; the relationship between oil, authoritarianism, and civil wars; the role of the rentier state; the influence of oil on international warfare; global energy governance (e.g., OPEC); political differences within OPEC; US energy policy and energy security. The materials focus primarily on the political economy of oil-exporters, especially those in the Middle East.