International Macroeconomics and Finance 7,5 CreditsThe objective of the International Macroeconomics and Finance course is to develop a deeper understanding of how macro economy behaves when it is open to trade and capital flows with other countries. This is also concerned with exchange rate determination and monetary behavior under fixed exchange rates and policies involving exchange rates.
Course ContentsThe objective of the course is to develop a deeper understanding of how a macro economy behaves when it is open to trade and capital flows with other countries. The course is also concerned with exchange rate determination and monetary behavior under fixed exchange rates and policies involving
Important elements of the course are the following:
- National income accounting and the balance of payments
- Market mechanisms of the foreign currency market
- Interest parity conditions
- Purchasing power parity
- Exchange rate determination
- How a macro economy adjusts to various exogenous shocks under floating exchange rate and fixed exchange rate regimes
- International monetary systems, 1870 to present
- Macroeconomic policy and coordination under floating exchange rates
- Optimum currency areas and European monetary agreements, including the EMU
- Financial crises involving the exchange rate.
Prerequisites30 credits in Business Administration or Economics including Microeconomic Principles and Mathematics for Economics, 7,5 credits.
Level of Education: Undergraduate G1F
Course code/Ladok code: ECJK13
The course is conducted at: Jönköping International Business School
Upcoming course occasions
Type of courseProgram
SemesterSpring 2020: Mar 23 - May 31
Rate of Study50%
Number of places0
Course coordinatorScott Hacker
Tuition fees do NOT apply for EU/EEA citizens or exchange students12500kr