This course is part of a Semester Programme
The Semester Course Programme has been designed for those students who wish spend a semester studying abroad. Autonomous University of Barcelona (UAB) offers students a range of classes to choose and you can take from 1 to 5 for a semester. Get more information »
Course Description
This course delves into the world of global finance and open-economy macroeconomics.
The interdependence of world economies under today’s international economic system makes an understanding of global capital market interactions a crucial aspect of business in the 21st century.
Particular emphasis is placed on monetary issues and the integration of national economies into the international economy. Global trade, capital flows and investment are among the topics addressed, as well as an investigation into some of the pressures associated with globalization.
- View the syllabus (45 hs. / 4.5 credits*)
Content
These are just a few of the topics addressed in this course. Please take a look at the instructor’s syllabus for a complete description of the course contents.
- Basics of international economics
- Foreign exchange markets and exchange rates
- Exchange rate determination
- Price adjustment mechanism: fixed and flexible exchange rates
- International money and capital markets
- The income adjustment mechanism and synthesis of automatic adjustment
- International macroeconomics
- The external debt crisis of developing countries
- The European monetary system and macroeconomic policy coordination
- The international monetary system: past, present and future
* Please see Diploma & Credits section to get more info.