Module Code: EC7035
- ECTS Credit: 5
- Mandatory/Optional: Optional
- Module Coordinator: Friedrich Kreuser
Aims of Module
This module will cover the building blocks of international macroeconomics (exchange rates, current account economics, international risk sharing). It will analyse traditional and new approaches to the modelling of open economies and apply the models to topics such as global imbalances.
The module will be delivered through a combination of lectures (8 hours) and tutorials (3 hours). Tutorials will be delivered by a Teaching Assistant.
On completion of the course, students will be able to:
- exposit and critically appraise modern theoretical models of the determination of the major macroeconomic variables in light of empirical evidence;
- use appropriately the main techniques and methodologies employed in macroeconomic theory.
Assessment for the module is based on a final exam accounting for 60% of the grade. In addition, students will hand in weekly problem sets making up the remaining 40%.