|
Instructors: Univ.-Prof. Dr. Philipp Harms
Event type:
Lecture
Displayed in timetable as:
V: A Int. Eco. I
Hours per week:
2
Language of instruction:
Englisch
Min. | Max. participants:
- | -
Requirements / organisational issues:
Audience:
- Masterstudiengang „International Economics and Public Policy“ (MIEPP) as part of the module “Advanced International Economics”
- Erasmus-Studenten (B.Sc. (Advanced), M.Sc)
Prerequisites:
Times and places:
Tuesday, 2.15-3.45 pm., Room HS 11
Tutorials:
There will be two tutorials:
Tutorial A: Tuesday, 6.15-7.45 p.m., Room HS IX (-1 331), ReWi II
Tutorial B: Wednesday, 12.15-1.45 p.m., Room RW 4, ReWi I
Start of course: April 23, 2019.
Contents:
Course description
This course provides students with the conceptual framework that is required to understand the implications of countries’ current account imbalances, to identify the factors that determine the volume and composition of international capital flows, and to interpret exchange rate fluctuations. The presentation of analytical tools and theoretical concepts will be augmented by a discussion of the empirical evidence.
The lecture will cover the following topics:
- Balance of payments accounting and the intertemporal approach to the current account: A review
- Extending the intertemporal model: The role of demographic change
- International diversification: Portfolio choices and asset prices
- Understanding exchange-rate fluctuations
Recommended reading list:
Literature (preliminary):
Harms, P. (2016): International Macroeconomics, 2nd edition, Mohr Siebeck.
Krugman, Paul R. and Maurice Obstfeld (2012): International Economics – Theory and Policy, 9th
edition, Addison Wesley.
Mark, N. (2001): International Macroeconomics and Finance.
Obstfeld, M. and K. Rogoff (1996): Foundations of International Macroeconomics.
Sarno, L. and M. Taylor (2003): The Economics of Exchange Rates.
Stock, J. and M. Watson (2007): Introduction to Econometrics, 2nd edition, Pearson
Education.
Van Marrewijk, Charles (2007): International Economics, Oxford University Press.
A detailed list of references will be distributed at the start of the course.
Additional information:
Reading List and Teaching Materials
will be available through ilias (https://ilias.uni-mainz.de). The password will be announced in the first lectures.
http://www.international.economics.uni-mainz.de/103_ENG_HTML.php
|
