International Finance (ECON 345)

2021 Spring
Faculty of Arts and Social Sciences
Economics(ECON)
3
6.00 / 6.00 ECTS (for students admitted in the 2013-14 Academic Year or following years)
İnci Gümüş incigumus@sabanciuniv.edu,
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English
Undergraduate
ECON202
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CONTENT

Basic concepts, tools and facts needed for the macroeconomic analysis of open economies: national income accounting and the balance of payments; the relationship between interest rates and exchange rates; the behavior of prices, interest rates, nominal and real exchange rates and output under fixed and flexible exchange rate regimes and different international capital flow systems; financial crises and international macroeconomic interdependence.

LEARNING OUTCOME

Upon completion of the course, students should be able to

a) analyze theoretical and practical issues regarding international macroeconomics,
b) analyze the effects of monetary and fiscal policies at the international level,
c) assess the costs and benefits of different exchange rate regimes,
d) understand major issues in international finance.