Advanced International Macroeconomics and Finance 7,5 Credits

Course Contents

The objective of this course is to develop an understanding of 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
• Portfolio balance approach to exchange rate determination
• 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

Bachelor's degree in Economics including at least 45 credits in Economics or Financial economics, including one of the G1F courses Econometrics 1 or Business Statistics 2 (7.5 credits), and the A1N course Mathematics for Economic Theory (7.5 credits).

Level of Education: Master A1F
Course code/Ladok code: ECYS23
The course is conducted at: Jönköping International Business School Last modified 2018-11-28 11:29:07