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.

Students with physical disabilities, Learning Disabilities or Special Education Needs can request specific services and tools via the Staff Sviluppo e Coordinamento Carriere eServizi alle Studentesse e agli Studenti, consulting the University webpage:https://www.uniupo.it/en/services/servicesstudents-physical-or-learning-disabilities.Students with disabilities, learning disabilities or special education needs, once they have contacted the University Staff, can refer to the tutor in charge of the course to define the examination modalities, concerning academic aspects.

Final Exam. Duration 60 minutes. 3 open questions, at least one theoretical question, one exercise.

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.