| Dozent/in |
Prof. Dr. Manuel Oechslin |
| Veranstaltungsart |
Vorlesung |
| Code |
HS241068 |
| Semester |
Herbstsemester 2024 |
| Durchführender Fachbereich |
Wirtschaftswissenschaften |
| Studienstufe |
Master |
| Termin/e |
Mo, 23.09.2024, 14:15 - 16:00 Uhr, 4.B55
Mo, 30.09.2024, 14:15 - 16:00 Uhr, 4.B55
Mo, 07.10.2024, 14:15 - 16:00 Uhr, 4.B55
Mo, 14.10.2024, 14:15 - 16:00 Uhr, 4.B55
Mo, 21.10.2024, 14:15 - 16:00 Uhr, 4.B55
Mo, 28.10.2024, 14:15 - 16:00 Uhr, 3.B58
Mo, 04.11.2024, 14:15 - 16:00 Uhr, 4.B55
Mo, 11.11.2024, 14:15 - 16:00 Uhr, 4.B55
Mo, 18.11.2024, 14:15 - 16:00 Uhr, 4.B55
Mo, 25.11.2024, 14:15 - 16:00 Uhr, 4.B55
Mo, 02.12.2024, 14:15 - 16:00 Uhr, 4.B55
Mo, 09.12.2024, 14:15 - 16:00 Uhr, 4.B55
Mo, 16.12.2024, 14:15 - 16:00 Uhr, 4.B55 |
| Umfang |
2 Semesterwochenstunden |
| Turnus |
weekly |
| Inhalt |
Why did European leaders in the 1990s decide to establish the euro? Why did the Swiss National Bank introduce, and later abandon, a lower bound of 1.20 francs against the euro? Why has the fear of a “currency war” repeatedly come up since the Great Recession, an how is this fear related to the current US-China trade row? Questions like these have received a lot of attention lately – and will be addressed in this course. We will start by introducing basic concepts such as the balance of payments and the exchange rate. We then discuss how exchange rates are determined, considering different exchange rate regimes. Further topics include the historical performance of alternative exchange rate regimes and the economics of currency areas such as the Eurozone. Finally, we study the problems of macroeconomic policy-making in an integrated world economy. |
| Lernziele |
Students familiarize themselves with the basic concepts used in the study of open economies. Students become proficient in analyzing the short- and long-run consequences of monetary and fiscal policies under different exchange rate regimes, relying on a coherent framework which will be set up in class. Finally, students develop a deep understanding of important international monetary policy issues (such as how international policy-coordination problems are affected by the exchange-rate regime). |
| Voraussetzungen |
None. |
| Sprache |
Englisch |
| Anmeldung |
To attend the course / exercise, registration via e-learning platform OLAT is required. Registration is possible from 2 – 27 September 2024. The students themselves are responsible for checking the creditability of the course to their course of study. Direct link to OLAT course: to follow |
| Prüfung |
***IMPORTANT*** In order to take part in the examination, registration via the UniPortal within the examination registration period is REQUIRED. Further information on registration for the examination: www.unilu.ch/wf/pruefungen |
| Abschlussform / Credits |
Written exam / 3 Credits
|
| Hörer-/innen |
Ja |
| Kontakt |
manuel.oechslin@unilu.ch |
| Literatur |
The course is based on lecture notes which will be published on OLAT. The lecture notes follow, more or less closely, selected chapters of the textbook "International Economics. Theory and Policy" by Paul Krugman, Maurice Obstfeld, and Marc Melitz (Pearson).
The lecture notes refer to a number of research papers and books. These are not required reading materials, but they are recommended for students with a particular interest in international macroeconomics. |