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| Detailinformationen |
| Anmeldevoraussetzungen |
KS Einführung in die Volkswirtschaftslehre KS Einführung in die Makroökonomie
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| Quellcurriculum |
Bachelorstudium Wirtschaftswissenschaften 2020W 2021W |
| Ziele |
(*)This is an introductory course on the core field of "Balance of Payments and Foreign Exchange Markets." Students will be introduced to the monetary aspects of a country's international economic transactions. Students will explore the meaning of important concepts such as the balance of payments, the exchange rate, currency markets, international capital mobility, purchasing power parity, and interest rate parity in order to better understand and interpret recent developments in international financial markets as well as understand the implications for government and business policy markets. Specifically we shall address the policy options available to governments in the present era of economic globalization, particularly with respect to international currency systems (flexible vs. fixed exchange rates, currency unions)
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| Lehrinhalte |
(*)The lecture will cover a systematic representation of all foreign transactions (international trade, international capital turnover) in an economy in the balance of payments as well as relationships between these transactions, domestic investment, savings, and the domestic government budget deficit. The course will also cover incentives for foreign exchange transactions with a special emphasis on international capital flows, interest rates and currency risk, the impact of exchange rate movements on domestic goods market and domestic employment, balance of payments equilibrium under fixed exchange rates, monetary and fiscal policy towards internal and external equilibrium at fixed and flexible exchange rates, and key problems of alternative currency systems (special emphasis on the European Monetary Union).
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| Beurteilungskriterien |
(*)Final examination
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| Lehrmethoden |
(*)Lecture, exames
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| Abhaltungssprache |
Englisch |
| Literatur |
(*)Basic reference:
- Feenstra, R. C., Taylor, A. M., International Economics, New York, Worth Publishers
- Other references: Lavoie, M., Post Keynesian Economics: New Foundations, Cheltenham, Edward Elgar
(Additional details on course content and readings will be provided in the course syllabus)
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| Lehrinhalte wechselnd? |
Nein |
| Sonstige Informationen |
(*)The course will be held in English.
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| Frühere Varianten |
Decken ebenfalls die Anforderungen des Curriculums ab (von - bis)
572K2BVBPEK18: KS Balance of Payments and Exchange Rates (2018W-2020S)
572K2BVZUDK15: KS Zahlungsbilanz und Devisenmarkt (2015W-2018S)
2IFMZBDK: KS Zahlungsbilanz und Devisenmarkt (2001W-2015S)
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