The course analyzes current issues in international macroeconomics and finance. It will provide students with a theoretical framework to understand the determination of exchange rates, the effects of monetary and fiscal policy in open economies, the consequences of financial globalization, the international transmission of financial crises, and the implications of joining a monetary union.
The course aims to train students to think critically, enabling them to master simple yet effective and powerful analytical tools. By the end of the course, students will be better prepared to pursue graduate education or embark on careers in management, finance, or economic policy-making. The knowledge gained in the course will help them navigate the complexities of the global economic landscape.
- Macroeconomic Indicators Current Accounts and the Balance of Payments
- Exchange Rates and the Forex Market
- Money Interest Rates and Exchange Rates
- Price Levels and the Exchange Rate in the Long Run
- Output and Macroeconomic Policy in Open Economies (Parts I and II)
- Fixed Exchange Rates and Foreign Exchange Intervention
- Financial Globalization: Opportunity and Crisis
- The Macroeconomics of the Euro
- Emerging Economies and Financial Crisis
- Emerging Giants: China and India in the World Economy