Specific learning outcomes of the degree

SE8 Analyse the relations between institutions, markets and financial assets, and their economic environments.
• SE8 - Analyse the relations between institutions, markets and financial assets, and their economic environments.
  SE8 - SE8.10 Debate topics related to the open economy in the European and world context.
  • SE8.10 - Debate topics related to the open economy in the European and world context.

Transversal learning outcomes of the degree

TOPIC 1. Introduction

1.1. Introduction

1.2. The exchange rate

1.3. The euro

1.4. The foreign exchange market

TOPIC 2. The exchange rate, the foreign exchange market and the money market

2.1. Asset demand in the foreign exchange market

2.2. Equilibrium in the foreign exchange market

2.3. The money market

2.4. Money supply and the exchange rate in the short run

TOPIC 3. Macroeconomic policies and the exchange rate

3.1. Asset market equilibrium

3.2. Goods market equilibrium

3.3. Short-run equilibrium of an open economy

3.4. Monetary and fiscal policies

3.5. The J-curve

3.6. Long-run equilibrium in an open economy

TOPIC 4. Choice of exchange rate system

4.1. Fixed exchange rate

4.2. Stabilization policies under a fixed exchange rate

4.3. Approaches and criteria for choosing the exchange rate system

4.4. Fixed or flexible exchange rate?

4.5. Exchange rate crisis

Other observations:

No calculators or any electronic devices may be used. The drawers beneath the desk must remain empty. Mobile phones may not be visible at any time; otherwise, the exam will be graded with a 0, even if the phone is switched off. Bringing your ID (DNI) is mandatory.

Second call:

In the second exam sitting, there will be an exam that will account for 100% of the grade.

Basic bibliography

• ( Book ) Krugman, Paul R. / Obstfeld, Maurice., International economics : theory and policy , cop. 2003 Access to the CRAI , More info
• ( Book ) Feenstra, Robert C. / Taylor, Alan M., 1964-, Macroeconomía internacional , cop. 2012
  - 5a edició en anglès a "Més info". Access to the CRAI , More info

Complementary bibliography

USE OF ARTIFICIAL INTELLIGENCE TOOLS AND VERIFICATION TESTS

The use of artificial intelligence tools must strictly adhere to the instructions of the teaching staff and, in any case, must be declared. Unauthorized, excessive, or undeclared use in the completion of assessment activities is contrary to the principles of academic integrity and results in a failing grade for the activity, without prejudice to the application of other disciplinary measures in accordance with the Academic Regulations for Bachelor’s and Master’s Degrees and the URV Student Disciplinary Regulations.

The teaching staff may, at any time, establish additional mechanisms to verify authorship and to require the defense or oral explanation of the submitted activities and/or assessment tests.