Macroeconomics in open economies - Evi Pappa

The objective of this course is to is to by combine a rigorous theoretical exposition with a series of applications and empirical exercises in order to better understand the determinants of the exchange rate and the current account and their roles in the allocation of resources in the economy; to describe the effects of fluctuations in capital flows, prices of commodities, and the international interest rate in open economies, and how to distinguish how the characteristics of the economies affect the impact of the different types of shocks.

Teacher:

Prof. Evi Pappa, Madrid