Full course description
This course provides a detailed insight into global economic issues. The course starts with an analysis of the determination of exchange rates. After this, the course addresses a number of issues in open macroeconomics, including the working of monetary and fiscal policy, and the economics of the euro. This background will be used to discuss and to critically evaluate current developments in the world economy, such as the current crisis, globalization, monetary and fiscal policy in the euro zone and whether China should appreciate its yuan or not.
- Learn how to analyze international trade, capital flows and exchange rates
- Learn how to interpret and understand various types of economic policies in an international context
- Understand current discussions about developments in international relations
VSS1202 Principles of Economics
International Macroeconomics, by Rob Feenstra and Alan Taylor (4th edition)