eco3ime int'l monetary economics
INTERNATIONAL MONETARY ECONOMICS
ECO3IME
Not currently offered
Credit points: 15
Subject outline
This subject approaches the theoretical and policy issues of international monetary relations at the intermediate level. After introducing the structure and functions of the foreign exchange market, the subject deals with issues such as the balance of payments adjustment mechanism, the process of exchange rate determination, the operation of the international monetary system and international economic integration.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorJoanna Poyago-Theotoky
Available to Study Abroad StudentsYes
Subject year levelYear Level 3 - UG
Exchange StudentsYes
Subject particulars
Subject rules
Prerequisites ECO1RIG or ECO2PEC or ECO1IMA
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditionsN/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | International Economics: Theory and Policy | Prescribed | Paul R. Krugman & Maurice Obstfeld | PEARSON PUBLISHING |
Graduate capabilities & intended learning outcomes
01. Critically evaluate the underlying assumptions of the theoretical models and discuss the implications.
- Activities:
- Tutorial Assessments Mid-semester Test Final Examination
- Related graduate capabilities and elements:
- Writing(Writing)
02. Examine and describe the responses and behaviour of key macroeconomic variables to different types of shocks by conducting comparative statics analysis using graphical and mathematical techniques.
- Activities:
- Tutorial Assessments Mid-semester Test Final Examination
- Related graduate capabilities and elements:
- Creative Problem-solving(Creative Problem-solving)
03. Identify and apply appropriate models/ concepts to analyse issues, assess policy choices and solve computational problems in international macroeconomics using mathematical and graphical techniques.
- Activities:
- Tutorial Assessments Mid-semester Test Final Examination
- Related graduate capabilities and elements:
- Creative Problem-solving(Creative Problem-solving)
- Information Literacy(Information Literacy)
04. Write concise explanations of the basic concepts and predictions that arise from theoretical models in international monetary economics and discuss the implications.
- Activities:
- Tutorial Assessments Mid-semester Test Final Examination
- Related graduate capabilities and elements:
- Writing(Writing)
Subject options
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