International Macroeconomics

This is an undergraduate course for second and third year students.

Course Description

Location: FO23 Unitobler
Time: Wednesday 15.15 - 18:00

The goal of this course is to provide an introduction to the key issues ininternational macroeconomics.
The topics include: The determination of exchange rates and interest rates, the foreign exchange market and the tools for the management of foreign exchange risk (forwards, options and swaps), theories of the current account and the real exchange rate, a comparison of the properties of alternative exchange rate systems (including currency unions), currency crises, macroeconomic policy in open economies, international capital flows and the international debt problem.
The course is to a large degree self -contained. The only requirement is knowledge of basic micro and macro. The course follows closely the structure of the book from the suggested readings and the corresponding chapters will be reported. For further information please visit the course website or KSL.

Suggested Textbooks:
S. Husted and M. Melvin (HM); International Economics, 8th Edition. 2010. (Amazon)


Next exercise session is on *** at F023 Unitobler, we will cover the Problem Set 1 and Problem Set 2. Solutions will be provided after the exercise session.


  • Solutions Problem Set 1
  • Solutions Problem Set 2
  • Solutions Problem Set 3
  • Solutions Problem Set 4
  • Solutions Problem Set 5
  • Solutions Problem Set 6
  • Solutions Sample Exam