Stud.IP Uni Oldenburg
University of Oldenburg
06.07.2022 06:25:39
wir823 - International Finance and Exchange Rate Economics (Complete module description)
Original version English Download as PDF
Module label International Finance and Exchange Rate Economics
Module code wir823
Credit points 6.0 KP
Workload 180 h
Institute directory Department of Business Administration, Economics and Law (Business Administration and Business Education)
Applicability of the module
  • kein Abschluss European Studies in Global Perspectives > Society, Economy and Politics
  • Master Applied Economics and Data Science (Master) > Economics
  • Master's Programme Business Administration, Economics and Law (Master) > Basismodule
  • Master's Programme Business Administration, Economics and Law (Master) > Schwerpunktmodule AFT - VWL
  • Master's Programme Business Administration, Economics and Law (Master) > Schwerpunkt "Transnational Economics and Law" (TEL) (MPO2020)
  • Master's Programme Business Administration, Economics and Law (Master) > Schwerpunkt "Volkswirtschaftslehre" (VWL) (MPO2020)
Responsible persons
Trautwein, Hans-Michael (Module responsibility)
Trautwein, Hans-Michael (Authorized examiners)
Trautwein, Hans-Michael (Module counselling)
Prerequisites
Skills to be acquired in this module
  • Understanding of exchange rates as strategic prices in open economies.
  • Understanding of the interdependence of balance-of-payments constraints and exchange rates.
  • Capability to discuss different models of exchange rate determination.
  • Ability to research data and evaluate the literature on specific aspects of financial market globalization and strategies of exchange-rate policy.
  • Understanding of the history of fixed-exchange-rate systems.
  • Ability to relate the importance of historical experience in international monetary and financial economics.
Module contents
The lectures address the following issues:
  • exchange rates and the balance of payments,
  • open-economy macroeconomics,
  • exchange rate determination,
  • international financial markets,
  • fixed-exchange-rate systems,
  • currency crises,
  • optimum currency areas and monetary integration,
  • choice of exchange rate regime,
  • financial market regulation.

In the seminar students will present papers on general and topical issues (theoretical models, policy strategies, case studies) in the fields of financial market globalization and exchange-rate policy.
Reader's advisory
Selected chapters from:
Copeland, L. (2008): Exchange Rates and International Finance (5th ed.). Harlow: Pearson.
Eichengreen, B. (2008): Globalizing Capital: A History of the International Monetary System (2nd ed.). Princeton: Princeton University Press.
Gandolfo, G. (2016): International Finance and Open-Economy Macroeconomics (2nd ed.). Berlin: Springer.

And other specific readings for the seminar papers.
Links
Language of instruction English
Duration (semesters) 1 Semester
Module frequency jährlich
Module capacity unlimited
Reference text
  • Mitarbeit in Vorlesung und Seminar ist Pflicht für den Erwerb eines Leistungsnachweises.
  • Das Seminar wird in der Form eines Blockseminars abgehalten.
  • Es gibt eine Vorbesprechung Anfang des Semesters, in der die Themen vergeben werden.
Modullevel / module level
Modulart / typ of module je nach Studiengang Pflicht oder Wahlpflicht
Lehr-/Lernform / Teaching/Learning method
Vorkenntnisse / Previous knowledge
Course type Comment SWS Frequency Workload of compulsory attendance
Lecture
2 28
Seminar
2 28
Total time of attendance for the module 56 h
Examination Time of examination Type of examination
Final exam of module
Während der Vorlesungszeit
Referat oder mündliche Prüfung