Exchange Rates and International Macroeconomics 7,5 Credits

Course Contents

The objective of this course is to introduce students to the more advanced issues associated with a macro economy open to trade and international capital flows, including exchange rate determination

and monetary behavior under fixed exchange rates. Important elements of the course include the following:

The course will cover the following topics:

• Market efficiency and rational expectations in the exchange market
• Exchange rate volatility
• The risk premium
• Optimum currency areas
• Target zones
• Crises and credibility

Various topics of the G1F course International Macroeconomic and Finance course will be revisited to develop them further theoretically, to discuss associated empirical tests, or to complement the other

material in this course.

Prerequisites

60 credits in Business Administration or Economics including including International Macroeconomics and Finance, 7.5 credits or Intermediate Macroeconomic Theory, 7.5 credits and either Business Statistics 2, 7.5 credits or Econometrics 1, 7.5 credits

Level of Education: Undergraduate G2F
Course code/Ladok code: ECPN13
The course is conducted at: Jönköping International Business School Last modified 2018-11-28 11:28:20