International Macroeconomics, 7.5 credits
(Internationell makroekonomi, 7,5 högskolepoäng)
| Course code | 1122NE |
|---|---|
| Subject area | Economics |
| Main field of study | Economics |
| Progressive specialisation | A1N (Second cycle, has only first-cycle course/s as entry requirements) |
| Academic school | School of Social Sciences |
| Disciplary domain |
Social sciences 100%
|
| Grading scale | AF |
| Education cycle | Second-cycle (Master) |
| Language of instruction | English |
| Valid from | Autumn semester 2020 |
Validation
This course syllabus was validated by the Management Board of the School of Social Sciences at Södertörn University on 2020-01-23 according to the stipulations in the Higher Education Ordinance.
Entry requirements
Bachelors Degree of Science in Economics and English 6/English B, or the equivalent.
Learning outcomes
On completing the course, the student can:
Knowledge and understanding
- Describe and apply theories relating to the economy’s capital structure and international capital flows, and those relating to international macroeconomic coordination and globalisation
- Explain how monetary and exchange rate regimes influence international economic coordination
- Describe the monetary system and its consequences for monetary stability
Skills and abilities
- Use capital-based macroeconomic theory in an open economy with international capital flows
- Show how monetary and exchange rate regimes influence macroeconomic coordination in an international context with increasingly complex international division of labour
- Apply advanced capital-based macroeconomic theory to compare historical international monetary and exchange rate regimes to draw general lessons for macroeconomic stability
Judgement and approach
- Approach statements based on theory in a critical and analytical manner
- Appraise and relate to how theoretical perspectives and model selection have an impact on the scientific study of monetary and exchange rate regimes, international capital flows, and macroeconomic stability with increasingly complex international division of labour
Course content, modules and examinations
The course deals with theories of the economy’s capital structure and financial international capital flows. The capital structure links micro-level entrepreneurship with macro-level economic growth. Financial, monetary and exchange rate policy is seen from the perspective of economic development in a globalised world, where the links between the financial system and the real economy are emphasised. There is a special focus on the effect of nominal prices for economic calculation and the role of monetary and exchange rate regimes for international macroeconomic coordination. The theoretical analysis is applied to historical international monetary and exchange rate regimes.
1001,
International Macroeconomics,
7.5 credits
(Internationell makroekonomi,
7,5 högskolepoäng)
Grades permitted:
AF
Course design
The course consists of seminars based on introductory lectures.
Examination format
Examination will be through written take-home examination, hand-in assignments, and active participation in seminars.
Hand-in assignments can compensate for absence from a maximum of two seminars.
The grading criteria are distributed prior to the start of a course or module.
If a student has a certificate from Södertörn University for compensatory support, the examiner has the right to decide on an adapted examination or alternative form of examination in accordance with Södertörn University's regulations.
Restrictions on accreditation
The course may not be accredited as part of a degree if the contents are partly or wholly the same as a course previously taken in Sweden or elsewhere.