This follow-up course continues the focus on the forces that determine overall global economic macroeconomic activity. It expands the national macroeconomic framework developed in BECN 2509 to a global framework. It considers the role of the foreign exchange rate regimes and capital movements on the effectiveness of monetary and fiscal policy and on the determination of output, interest, inflation, and unemployment rates. Again, a very practical approach is taken. Prerequisites: BECN 2509 Global Macroeconomics 1.