INTERNATIONAL ECONOMICS (A) 2018/2019
Course Formative Objectives
To give students a better understanding of international macroeconomics
Course Contents
Topics in open economy macroeconomics. Analysis of theoretical models and presentation of empirical data. Discussion of selected issues: globalization of the world economy, sovereign debt crises, global imbalances, emerging markets, etc.
Extended Program And Reference Reading Material
| Week 1 | The Global Macroeconomy |
|---|---|
| Week 2 | Introduction to Exchange Rates and the Foreign Exchange Market |
| Week 3 | Arbitrage and Interest Rates |
| Week 4 | Purchasing Power Parity |
| Week 5 | The Monetary Approach in the Long Run |
| Week 6 | The Asset Approach in the Short Run |
| Week 7 | National and International Accounts |
| Week 8 | The BoP I: The Gains from Financial Globalization |
| Week 9 | The BoP II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run |
| Week 10 | International Monetary Experience |
| Week 11 | Exchange Rate Crises |
| Week 12 | The Euro |
The course will be based on class presentations and materials included in
the following textbook: Feenstra R.C. and Taylor A., International Macroeconomics, 4th Ed., 2017