Spring 2023 - ECON 842 G100
International Monetary Economics (4)
Class Number: 5569
Delivery Method: In Person
Balance of payments theory, foreign exchange theory, and adjustment processes. A range of applied problems will be dealt with such as the operation of exchange rates, analysis of exchange rate systems, exchange control and the processes of short and long term capital movements in international trade.
The goal of this course is to stimulate and initiate innovative graduate research in the field. Among the topics covered are: (1) business cycle facts around the world, (2) open-economy business cycle models, (3) international trade and exchange rate, and (4) financial crisis and sovereign default.
- Class participation 10%
- Midterm 40%
- Assignments 30%
- Presentation 20%
Uribe and Stephanie Schmitt-Grohe, Princeton University Press, 2017, “Open economy
Foundations of International Macroeconomics, Maurice Obstfeld and Kenneth Rogoff, MIT Press, 1996
REQUIRED READING NOTES:
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Graduate Studies Notes:
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