ECMC61-Course Syallubus - ECMC61 LEC01 LEC02 INTERNATIONAL...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
INTERNATIONAL ECONOMICS: FINANCE Fall 2011 Instructor Contact Information: Name: Iris Au Office: IC 286 Office hours: Monday, 11:00am – 12:30pm Tuesday, 1:30pm – 3:00pm Or by appointment Email: Telephone: 416 – 287 – 5650 Class day/time: LEC 01 – Monday 9:00am – 11:00am IC 200 LEC 02 – Monday 1:00pm – 3:00pm IC 200 Web page: Course Description: This course develops basic models of exchange rates in the context of macroeconomic theory and discusses economic policy of open economy. Topics such as the balance of payments, interest rate parities, purchasing power parity, monetary approach to the exchange rate, and exchange rate overshooting will be covered in the first half of the course. The second half of the course focuses on economic policies such as stabilization policy under different exchange rate settings, the choice of exchange rate regime in the context of open economy macroeconomic characterized by the Mundell- Fleming Model. Throughout the course, theory will be related to current events including the European monetary union and the interdependence of macroeconomic policies. By the end of the course, students would understand the determination of exchange rate in both short run and long run; the relationship among exchange rate, output and current account balance; and the interactions and effects of international macroeconomic policies. Prerequisite(s): ECMB05H or ECMB06H ECMC61 Outline (Fall 2011) 1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Required Text: Paul R. Krugman, Maurice Obstfeld and Marc J. Melitez, International Economics: Theory and Policy, 9 th edition , Addison-Wesley, 2012. Lecture Notes and Other Announcements
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/21/2011 for the course ECONOMICS ECMC61 taught by Professor Dr.irisau during the Fall '11 term at University of Toronto.

Page1 / 6

ECMC61-Course Syallubus - ECMC61 LEC01 LEC02 INTERNATIONAL...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online