COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
ECON 429INTERNATIONAL MONETARY ECONOMICS3 + 05th Semester5

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Elective
Course Objective Providing the fundamental concepts and tools that are needed to describe and understand international macroeconomic events and policy issues.
Course Content National Income Accounting for an Open Economy, Balance of Payments, Exchange Rates and International Transactions, Purchasing Power Parity, Law of One Price, Exchange Rate Regimes, Monetary and Fiscal Policy under Fixed and Flexible Exchange Rates, International Capital Market, Financial Globalization, Financial Globalization, Foreign Debt, Developing Country Borrowing.
Prerequisites No prerequisites.
Corequisite No corequisites.
Mode of Delivery Face to face

COURSE LEARNING OUTCOMES
1To discuss the balance of payments and current account balance.
2Describe the structure and functions of foreign exchange market.
3Understand the money market equilibrium and interest rate determination.
4Understand the concept of real exchange rates and their role on the economy.
5Analyze the role of economic policies under different exchange rate regimes.
6Discuss the gains and losses of international financial integration.
7To be informed about major economic features and problems of developing countries.

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10PO 11PO 12
LO 01555555555555
LO 02555555555555
LO 03444444444444
LO 04555555555555
LO 05444444444444
LO 06555555555555
LO 07444444444444
Sub Total323232323232323232323232
Contribution555555555555

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration14342
Hours for off-the-classroom study (Pre-study, practice)13339
Assignments11010
Mid-terms11313
Final examination12626
Total Work Load

ECTS Credit of the Course






130

5

COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2017-2018 Fall1DUYGU YOLCU KARADAM

Course Details
Course Code:  ECON 429 Course Title:  INTERNATIONAL MONETARY ECONOMICS
L+P Hour : 3 + 0   Course Code : 1   Language Of Instruction: English Course Semester :  2017-2018 Fall
Course Coordinator :  ASSISTANT PROFESSOR DUYGU YOLCU KARADAM E-Mail:  dyolcu@pau.edu.tr, Phone Number :  296 2673,
Course Location İİBF C0104,
Goals : Providing the fundamental concepts and tools that are needed to describe and understand international macroeconomic events and policy issues.
Content : National Income Accounting for an Open Economy, Balance of Payments, Exchange Rates and International Transactions, Purchasing Power Parity, Law of One Price, Exchange Rate Regimes, Monetary and Fiscal Policy under Fixed and Flexible Exchange Rates, International Capital Market, Financial Globalization, Financial Globalization, Foreign Debt, Developing Country Borrowing.
Attendance : %60
Topics
WeeksTopics
1 Introduction and overview.
2 National Income Accounting and the Balance of Payments
3 Exchange Rates and the Foreign Exchange Market
4 Exchange Rates and the Foreign Exchange Market
5 Money, Interest Rates, and Exchange Rates
6 Price Levels and the Exchange Rate in the Long Run
7 Price Levels and the Exchange Rate in the Long Run
8 Midterm
9 Output and the Exchange Rate in the Short Run
10 Output and the Exchange Rate in the Short Run
11 Fixed Exchange Rates and Foreign Exchange Intervention
12 Macroeconomic Policy and Coordination Under Floating Exchange Rates
13 International Monetary Systems
14 Financial Globalization: Opportunity and Crises
Materials
Materials are not specified.
Resources
ResourcesResources Language
International Economics: Theory and Policy, P. Krugman, M. Obstfels, M. MelitzTürkçe
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam60Final Exam
Midterm Exam40Midterm Exam
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes