Diplomatura en Ciències Empresarials (3011)

Relacions Macroeconòmiques Internacionals(10084) 

Tema 1

International financial markets: exchange rates, interest parity. Purchasing power parity. Risk. Balance of payments and current account.

Tema 2

Open economy: real and monetary variables. Steady state analysis and comparative statics. Rational expectations and dynamic analysis.

Tema 3

Maximizing models: intertemporal allocations and the current account. Government policies. Terms of trade. Currencies, cash-in-advance constraints and exchange rates.

Tema 4

International business cycles, capital markets and risk sharing. Growth and the open economy.

Bibliografia

RIVERA-BATIZ, F., RIVERA-BATIZ, L. International Finance and Open Economy Macroeconomics. Nova York: Macmillan Publishing Company, 1994, 2a. ed.

McCALLUM, B. "international Monetary Economics". 1994. [Manuscript].

Lecture notes and other selected readings.