INTERNATIONAL MONETARY ECONOMICS

ECO3IME

2020

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 (Pre 2022)

Credit points: 15

Subject Co-ordinator: Heidi Ryoo

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 3 - UG

Exchange Students: No

Available as Elective: No

Learning Activities: N/A

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: ECO1RIG OR BUS1BUE OR ECO1IMA OR ECO2PEC

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Quota Management Strategy: N/A

Quota-conditions or rules: N/A

Special conditions: N/A

Minimum credit point requirement: N/A

Assumed knowledge: N/A

Career Ready

Career-focused: No

Work-based learning: No

Self sourced or Uni sourced: N/A

Entire subject or partial subject: N/A

Total hours/days required: N/A

Location of WBL activity (region): N/A

WBL addtional requirements: N/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

INQUIRY AND ANALYSIS - Creativity and Innovation

INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving

INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

Intended Learning Outcomes

01. Critically evaluate the underlying assumptions of the theoretical models and discuss the implications.

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.

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.

04. Write concise explanations of the basic concepts and predictions that arise from theoretical models in international monetary economics and discuss the implications.

Melbourne (Bundoora), 2020, Summer 2 , Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Heidi Ryoo

Class requirements

LectureWeek: 2 - 7
Two 2.00 hours lecture per week on weekdays during the day from week 2 to week 7 and delivered via face-to-face.

TutorialWeek: 2 - 7
Two 1.00 hour tutorial per week on weekdays during the day from week 2 to week 7 and delivered via face-to-face.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
One hour mid semester exam (Equivalent to 1,500 words)	N/A	N/A	N/A	No	30	SILO1, SILO2, SILO3
Tutorial Assessments (Weekly assignment and quiz ) (equivalent to 1,000 essay words)	N/A	N/A	N/A	No	20	SILO1, SILO2, SILO3, SILO4
Two hour final examination (Equivalent to 2,000 words)	N/A	N/A	N/A	No	50	SILO1, SILO2, SILO3, SILO4