International Macroeconomics (ECOS3007)
UNIT OF STUDY
This unit studies macroeconomic theory and policy in a global trading world. The microfoundations of the various sectors are examined in the context of an open economy. The evolution of international money and capital markets is described, the operation of the foreign exchange market is examined, showing how its microstructure affects its macro performance. Theories and tests of the efficiency of international capital markets are surveyed, as well as core theories and tests of exchange rate and asset price determination. The unit develops the macroeconomic implications of monetary and fiscal policies for small and large open economies for different regimes.
Further unit of study information
1x2hr lecture/week, 1x1hr tutorial/fortnight
assignments (20%) and Mid-semester test (20%) and 1x2hr Final exam (60%)
Faculty/department permission required?
Unit of study rules
Prerequisites and assumed knowledge
ECOS2002 or ECON2002 or ECOS2902 or ECON2902
Study this unit outside a degree
If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.
If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.