This course is the continuation of the macroeconomics sequence for MIS students. While it covers a broad range of issues in international macroeconomics using a mix of dynamic models and classic papers, the main focus of the course will be on business cycles. After taking this course, students will be expected to have an overview of the basic facts of business cycles in a cross section of countries; graduate-level understanding of the workhorse models of business cycles in small and large open economies, and select advanced topics in international macroeconomics such as sovereign debt and default; and a working knowledge of how to implement business cycle modeling of the kind used by academics and practitioners such as central banks.