Module Code: EC7006
- ECTS Credit: 5
- Mandatory/Optional: Optional
- Module Coordinator: Professor Vahagn Galstyan
The module will be delivered through a combination of lectures (9 hours) and tutorials (3 hours). A major element of the course is a set of graded weekly problem sets, such that continuous assessment is an essential feature.
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.
This module will cover the building blocks of international macroeconomics (exchange rates, current account economics, international risk sharing). It will analyze traditional and new approaches to the modelling of open economies and apply the models to topics such as global imbalances.
Assessment for the module is based on a combination of coursework and a final examination.