14 NQF credits at HEQSF level 8
Course entry requirements: ECO4006F, ECO4007F and ECO4016F for Economic Honours students. PPE (and other) students who do not have to complete the core as part of their degree requirements may be granted permission to register for this elective at the discretion of the Head of Department.
The course provides an introduction to international finance and is split two parts: the first part will cover classic topics and monetary models of exchange rate determination, currency market microstructure, strategic trade models, and currency crisis models. The second part of the course will develop dynamic macroeconomic models to investigate the role of the current account and the present concerns surrounding large deficits and imbalances. Thereafter, we model the effects of rapid capital flow adjustments (i.e. sudden stop economics), before considering the causes and effects of global economic crises.
Lecture times: Thursday: 09h00-10h45.
DP requirements: None.
Assessment: Coursework consisting of a project 30%, Examination 70%.
Last updated : 18 Apr 2018