Macroeconomics; Econometrics
Written examination
Ability to understand the functioning of the international financial markets, the foreign exchange market and the main exchange rate mechanisms and regimes; be aware of the evidence concerning exchange-rate dynamics; understand debates over currency crises, purchasing power parity and optimal currency areas.
The foreign exchange market; the balance of payment; open economy macroeconomics; choice of exchange rate regime and optimum currency areas
G. De Arcangelis, Economia Internazionale, McGraw Hill Italia; K. Pilbeam, International Finance, Macmillan Business
lectures, tutorials; presentations by students
