Course: International Macroeconomics (5201-691)

Persons:

• Prof. Dr. Michael Evers (verantwortlich)

Type of Course:

lecture

In-Class Hours Per Week:

2

Contents:

The course provides an introduction to the main concepts of modern open economy macroeconomics, including current account dynamics, real exchange rates, international business cycles, exchange rates and macroeconomic policy, and sovereign debt. The course is intended for students who have basic knowledge in modern macroeconomics and who are now ready to study advanced topics in macroeconomics in greater analytical detail. Although the emphasis is on presenting the intuition behind international macroeconomic theory, we will be using mathematics to derive results. Knowledge of functions, derivatives, and constrained optimization, along with basic statistics is assumed.
Tentative Outline:
1. Current Account
2. Real Exchange Rates
3. International Business Cycles
4. Exchange Rates and Macroeconomic Policy
5. Sovereign Debt

Literature:

There is no single textbook that will be used. All material including the literature will be posted on the course webpage at ILIAS.

Location:

Hohenheim

Module:

• 5201-690 International Macroeconomics (compulsory)