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53736-01 - Lecture: International Macroeconomics and Finance (3 CP)
| Semester | spring semester 2022 |
| 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 the effects and gains from international financial integration. Finally, students will learn how to set up, solve, and analyze a simple 2-country (DSGE) model using a computer. Some support for exploring and elaborating data using R will be provided. (Note: knowledge of these computational aspects will not be evaluated at the exam!) |
| Bibliography | Part of the lecture material is based on 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. |
| Comments | The course will be taught "in class". |
| 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 |
| Course auditors welcome |
| Interval | Weekday | Time | Room |
|---|---|---|---|
| wöchentlich | Wednesday | 12.15-13.45 | Wirtschaftswissenschaftliche Fakultät, Seminarraum S14 HG.32 |
| Comments | The course will be taught "in class". |
Dates
| Modules |
Core Module: Core Areas in Monetary Economics (Master's Studies: International and Monetary Economics) Module: Electives (Master's Studies: Business and Economics (Start of studies before 01.08.2021)) Module: Specific Electives in Monetary Economics and Financial Markets (Master's Studies: Business and Economics) Vertiefungsmodul Global Europe: Handel und Unternehmen in der Globalisierung (Master's Studies: European Global Studies) |
| Assessment format | record of achievement |
| Assessment details | written exam: 1.6.22; 12:15-13:45; WWZ S14: A-Z. |
| Assessment registration/deregistration | Reg.: course registration, dereg: cancel 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 |