INTERNATIONAL MONETARY ECONOMICS
ECO3IME
2016
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.
School: La Trobe Business School
Credit points: 15
Subject Co-ordinator: Heidi Ryoo
Available to Study Abroad Students: Yes
Subject year level: Year Level 3 - UG
Exchange Students: Yes
Subject particulars
Subject rules
Prerequisites: ECO1RIG or ECO2PEC or ECO1IMA
Co-requisites: N/A
Incompatible subjects: N/A
Equivalent subjects: N/A
Special conditions: N/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)
Melbourne, 2016, Semester 1, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Heidi Ryoo
Class requirements
LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
TutorialWeek: 10 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Mid semester exam | 30 | 01, 02, 03, 04 | |
| Tutorial Assessments | 20 | 01, 02, 03, 04 | |
| Two hour final examination | 50 | 01, 02, 03, 04 |