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| Semester | spring semester 2019 |
| Course frequency | Every spring sem. |
| Lecturers | Giovanni Lombardo (giovanni.lombardo@unibas.ch, Assessor) |
| Content | This course introduces students to the major topics in international macroeconomics and finance. The main focus is on international interdependence: of economic and financial activity; of goods and asset prices; and of economic policies. After reviewing the key determinants of external variables (terms of trade, exchange rate, current account, capital flows etc.), and how these variables affect domestic allocations (output, employment, inflation, asset prices), we will address the question of how economic policy can improve economic outcomes. Furthermore, we will discuss how economic and financial crises can emerge, and which policies can either prevent them or can at least mitigate their consequences. Finally, students will learn how to set up, solve, and analyze a simple 2-country (DSGE) model using a computer. |
| Bibliography | The main textbook for this course is: Open Economy Macroeconomics, (Uribe, Martin, and Stephanie Schmitt-Grohé. Princeton University Press, 2017.OEM henceforth) NB: Details concerning sections of the textbook that fall beyond the scope of this course will be given during lectures. A list of all bibliographic references for each topic can be found in the syllabus on ADAM. |
| Weblink | Weblink |
| Admission requirements | Students are expected to be familiar with basic macroeconomics concepts (introductory macroeconomics) and quantitative methods (introductory statistics or econometrics). |
| Course application | Registration: Please enrol in MOnA. EUCOR-Students and students of other Swiss Universities have to enrol at the students administration office (studseksupport1@unibas.ch) within the official enrolment period. Enrolment = Registration for the exam! |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Interval | Weekday | Time | Room |
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No dates available. Please contact the lecturer.
| Modules |
Core Module: Core Areas in Monetary Economics (Master's Studies: International and Monetary Economics) Module: Electives (Master's Studies: Business and Economics) |
| Assessment format | end-of-semester examination |
| Assessment details | written exam: 28.05.19; 12:15-13:45. WWZ Audi: A-Z. |
| Assessment registration/deregistration | Registration: course registration |
| Repeat examination | no repeat examination |
| Scale | 1-6 0,1 |
| Repeated registration | as often as necessary |
| Responsible faculty | Faculty of Business and Economics , studiendekanat-wwz@unibas.ch |
| Offered by | Faculty of Business and Economics |