eco3ime international monetary economics

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.

SchoolLa Trobe Business School (Pre 2022)

Credit points15

Subject Co-ordinatorHeidi Ryoo

Available to Study Abroad/Exchange StudentsYes

Subject year levelYear Level 3 - UG

Exchange StudentsNo

Available as ElectiveNo

Learning ActivitiesN/A

Capstone subjectNo

Subject particulars

Subject rules

PrerequisitesECO1RIG OR BUS1BUE OR ECO1IMA OR ECO2PEC

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Career Ready

Career-focusedNo

Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/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.

Subject options

Select to view your study options…

Melbourne (Bundoora), 2020, Summer 2 , Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment informationN/A

Subject Instance Co-ordinatorHeidi 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