This unit of study provides analytical and theoretical frameworks for understanding various problems and current issues in macroeconomics in the global economy. The unit builds on ECON5001 and ECON5002 at a more advanced and specialised level with a focus on international/open-economy aspects of macroeconomics. The first part of the unit deals with economic foundations, following this there is a focus on qualitative, empirical or quantitative analysis using contemporary models. Topics to be covered include foreign exchange markets, interest parity, exchange rate determination and intervention, goods market and money market, the international monetary system and the role of central banks.
|(ECON5001 or ECON5040 or ECON6001 or ECON6701) and (ECON5002 or ECON6002 or ECON6702) and (ECMT5001 or QBUS5001 or QBUS5002 or ECMT6002 or ECMT6702)|
At the completion of this unit, you should be able to:
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