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Macquarie University

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International Money and Finance

  • ECON303
  • 3
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This unit studies macroeconomic theory and policy in a global context. It develops standard open economy macroeconomic models including: the Mundell-Fleming model; Dornbusch's overshooting model; and baseline intertemporal models. Exchange rate determination models are also analysed. These models are used to understand important issues in international macroeconomics including: the exchange rate; the current account; international capital mobility; exchange rate regimes; monetary unions and monetary and fiscal policies in open economies. Empirical evidence and policy issues are discussed where appropriate, using examples from both Australia and the rest of the world. -- Course Website

Instructor: Dr Natalia Ponomareva

Prerequisites: 6cp at 200 level including (ECON201 or ECON204) 



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