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TOPICS IN INTERNATIONAL ECONOMICS
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TOPICS IN INTERNATIONAL ECONOMICS
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Academic year 2022/2023
- Course ID
- SEM0093
- Teacher
- Claudio Giovanni Campanale (Lecturer)
- Year
- 2nd year
- Teaching period
- Second semester
- Type
- Related or integrative
- Credits/Recognition
- 6
- Course disciplinary sector (SSD)
- SECS-P/01 - economics
- Delivery
- Formal authority
- Language
- English
- Attendance
- Optional
- Type of examination
- Written
- Prerequisites
- A good knowledge of macroeconomics and microeconomics as it is studied in the 3-year degree is needed to follow the class.
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Sommario del corso
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Course objectives
The goal of the course is to familiarize the student with the defintion of the balance of payments and the theory of the determination of the current account, the workings of the foreign exchange market, the determination of the macroeconomic equilibrium in an open economy under different exchange rate regimes and the features of monetary unions with reference to the Euro case.- Oggetto:
Results of learning outcomes
The student is expected to acquire the knowledge and reasoning tools needed to critically evaluate the current working of the international macroeconomy and to evaluate macroeconomic policies in the context of the open economy.- Oggetto:
Course delivery
Course delivery will be through formal theory and practice lessons.- Oggetto:
Learning assessment methods
The exam will be written. It is about one hour long and consists of a mixture of problems and short questions- Oggetto:
Program
1) The balance of payments2) The theory of the determination of the current account
3) Introduction to Exchange Rates and the Foreign Exchange Market
4) Exchange Rates I: The Monetary Approach
5) Exchange Rates II: The Asset Approach in the Short Run
7) Output, Exchange Rates, and Macroeconomic Policies in the Short Run
8) Fixed versus Floating: International Monetary Experience
9) The Euro
Suggested readings and bibliography
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- Libro
- Title:
- International macroeconomics
- Year of publication:
- 2017
- Publisher:
- Worth Publishers
- Author:
- Robert Feenstra and Alan Taylor
- ISBN
- Required:
- Si
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- Libro
- Title:
- International macroeconomics. A modern approach
- Year of publication:
- 2022
- Publisher:
- Princeton University Press
- Author:
- Schmitt-Grohé, Uribe, Woodford
- ISBN
- Required:
- Si
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- Articles or part of other books may e suggested during the course as the need arises
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