Ateneo - UPO

Exchange Rates, Balance of payments, and Special Topics

Feenstra, Robert and Alan M. Taylor (2017), International Macroeconomics, 4th edition, Macmillan
Slides available at https://upobook.uniupo.it/martin.zagler

Students should obtain an understanding how the international macroeconomy works, in particular how economies are linked through exchange rates and the balance of payments.

Economics (macro), Economic Policy, English

Lectures, exercises, discussions, student presentations

none

Final Exam. For students that actively participate 1/3 of the exam can be substituted with a presentation and active participation.

1. Introduction
2. Exchange rates and arbitrage
3. Loop, PPP and the long run
4. The short run and the Trilemma
5. Balance of Payments
6. National and international wealth
7. Fixed or floating exchange rates
8. Exchange rate crisis
9. The Euro

Students should obtain an understanding how the international macroeconomy works, in particular how economies are linked through exchange rates and the balance of payments.