Topics in International Finance: the Analytics of Macroeconomic Policies
Faculty
Schedule
Winter Semester; Tue.; Time slot #4
Description
This course introduces practical economic tools used in central banks and international organizations.
This includes econometrics models (e.g., vector autoregression models) and theoretical models (e.g., simple dynamic stochastic general equilibrium models) that can be used in analyzing international finance problems-in particular, the effectiveness of fiscal and monetary policies and macroeconomic diagnosis of developing countries.
These models will be solved using existing software, such as Eviews and Dynare. The class will be taught in English. It is targeted to masters students with the upper undergraduate level of economics and econometrics.
Course materials
C.Walsh, 2003, Monetary Theory and Policy, Second Edition, the MIT press
Grading
Report, take home exam, class participation