Course overview
This course deepens the critical thinking and formal reasoning of macroeconomics issues in open economies, including exchange rates, capital flows and financial crises.
Course learning outcomes
- Explain conceptually the organisation of foreign exchange markets
- Apply simple theoretical models of international capital flows and exchange rate determination
- Assess the empirical validity of simple models of international capital flows and exchange rate determination
- Analyse the causes of historical exchange rate movements with reference to the models covered
- Collaborate effectively with others to solve international finance problems