5.00 credits
30.0 h
Q1
Teacher(s)
Candelon Bertrand;
Language
English
Main themes
We set up a framework for:
- understanding how international financial conditions influence the decision-making process of modern business leaders in the corporate and capital markets arenas.
- understanding the characteristics, institutions, and players of the exchange rate markets.
- exploring exchange rate regimes
Learning outcomes
At the end of this learning unit, the student is able to : | |
| 1 | During their programme, students of the LSM Master's in management or Master's in Business engineering will have developed the following capabilities :
|
Content
- The International financial system : gold standard, gold exchanbge standard, Post-Bretton-Woods
- The exchange market model in the short and long run (Dornbusch-Fisher model)
- Economic policies (fiscal and monetary) and the exchange rate
- Exchange rate determination and forecasting
- Microeconomic foundations of international finance
- Financial crises models (1st, 2nd and 3rd generation)
- International capital market equilibrium
- Country and political risk
Teaching methods
Lectures, inverted classrooms, workshops, interventions by experts, assigments, final projects
Evaluation methods
Lectures, MCQ, workshop assigment, project
Online resources
On moodle and teams
Bibliography
- Krugman and Obstfeld – International Economics- Pearson. Parts III and IV
- Obsfteld and Rogoff – Foundation of International Economics- MIT Press – chapter 1&2
- IMF Article iv
- Hodrick - Bloomberg market concepts: exchange rate module
Faculty or entity
CLSM
