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International Macroeconomic Policy (SEES0114)

Key information

Faculty
Faculty of Arts and Humanities
Teaching department
School of Slavonic and East European Studies
Credit value
30
Restrictions
Only open to MA students only.
Timetable

Alternative credit options

There are no alternative credit options available for this module.

Description

This module is offered to MA students only.

This module examines macroeconomics in open economies that are linked by trade, capital flows, and exchange rate policies. The module is structured in three main parts. We begin with some basic building blocks of open economy macroeconomics—goods and financial market arbitrage: purchasing power parity (PPP) and uncovered interest rate parity (UIP); Mundell-Fleming. Next, we develop the analytical tools for understanding external adjustment and macroeconomic stabilization in open economies as well as the implications and properties of alternative exchange rate regimes. Finally, we discuss financial sector issues, explaining banking sector stress and the use of derivative instruments. We apply these tools to topics of current policy interest, including how emerging market economies should respond to volatile cross-border capital flows; the European crisis and the future of European integration.

Module deliveries for 2024/25 academic year

Intended teaching term: Term 2 ÌýÌýÌý Postgraduate (FHEQ Level 7)

Teaching and assessment

Mode of study
In person
Methods of assessment
70% Fixed-time remote activity
30% Other form of assessment
Mark scheme
Numeric Marks

Other information

Number of students on module in previous year
56
Module leader
Professor Yuemei Ji
Who to contact for more information
ssees-eb@ucl.ac.uk

Last updated

This module description was last updated on 8th April 2024.

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