Macroeconomics II

Module Code: EC7006

International Macroeconomics

ECTS Credit: 5
Mandatory/Optional: Optional
Module Coordinator: Professor Vahagn Galstyan

Module Delivery

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.

Learning Outcomes

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.

Syllabus

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.