International Macroeconomics

Module overview

This module provides a short course in international macroeconomics. We begin by studying exchange rates before turning to wider issues in international macro, such as the costs and benefits of participation in global capital markets; sovereign debt and currency crises; and the uses and limitations of monetary policy.

Linked modules

Pre-requisite: ECON2002 or ECON2037

Aims and Objectives

Learning Outcomes

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

application of economic principles and methods to international macroeconomics, including the causes and consequences of foreign exchange market intervention, including sovereign default and exchange rate crises
the central theoretical and practical concepts in international macroeconomics

Transferable and Generic Skills

Having successfully completed this module you will be able to:

communicate logical arguments in written form

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

place macroeconomic policy discussions into a formal theoretical framework of the open economy
use formal logic to solve open economy models and critically and empirically evaluate these models

Learning and Teaching

Teaching and learning methods

Lectures + classes.

Study time
Type	Hours
Independent Study	122
Teaching	28
Total study time	150

Resources & Reading list

General Resources

The main course reading is an Ebook which is made available on Blackboard in pdf format. Additional resources for each topic will be posted on Blackboard..

Assessment

Assessment strategy

Assessment on this modules is through end of module examination (80% of the final mark) and coursework in form of solving problem sets (20%). This is supported by continuous formative assessment in form of problem sets. This is the same for internal repeat. Assessment for external repeat and referral is though 100% end of module examination.

Summative

This is how we’ll formally assess what you have learned in this module.

Breakdown
Method	Percentage contribution
Final Assessment	80%
Coursework	20%

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Breakdown
Method	Percentage contribution
Final Assessment	100%

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.

Breakdown
Method	Percentage contribution
Final Assessment	100%

Repeat Information

Repeat type: Internal & External