INTERNATIONAL MONETARY ECONOMICS
ECO3IME
2019
Credit points: 15
Subject outline
In this subject you will explore the theoretical and policy issues of international monetary relations at the intermediate level. After introducing the structure and functions of the foreign exchange market, you will deal 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 or BUS1BUE
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 | TBA | Prescribed | TBA | TBA |
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:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
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:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
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:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
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:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Melbourne, 2019, Summer 2, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Heidi Ryoo
Class requirements
LectureWeek: 02 - 07
Two 2.0 hours lecture per week on weekdays during the day from week 02 to week 07 and delivered via face-to-face.
TutorialWeek: 02 - 07
Two 1.0 hours tutorial per week on weekdays during the day from week 02 to week 07 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| One hour mid semester exam (Equivalent to 1,500 words) | 30 | 01, 02, 03 | |
| Tutorial Assessments (Weekly assignment and quiz ) (equivalent to 1,000 essay words) | 20 | 01, 02, 03, 04 | |
| Two hour final examination (Equivalent to 2,000 words) | 50 | 01, 02, 03, 04 |