INTERNATIONAL BURCH UNIVERSITY
Graduate Study - Faculty of Economics and Social Sciences
Management PhD
2011-2012

SYLLABUS
Code Name Level Year Semester
BUS 654 International Monetary Economics Graduate 1 Fall
Status Number of ECTS Credits Class Hours Per Week Total Hours Per Semester Language
7.5 0

Instructor Assistant Coordinator
Erkan ILGÜN, Assoc. Prof. Dr. Erkan ILGÜN, Assoc. Prof. Dr.
[email protected] no email

COURSE OBJECTIVE
To provide an analytical perspective on key issues in International Monetary Economics, with a focus on recent models and applications.

COURSE CONTENT
Week
Topic
  1. National Income Accounting and the Balance of Payments
  2. Inter temporal Trade and the Current Account Balance
  3. Exchange Rates and the Foreign Exchange market
  4. Price levels and Exchange Rates
  5. Money, Interest Rates, and Exchange Rates
  6. Output and Exchange Rate Determination
  7. Monetary and fiscal policy with fixed and flexible rates
  8. The International Monetary System
  9. Exchange Rate regimes
  10. Optimum Currency Areas and European Monetary Union
  11. Emerging Markets and Financial Crisis

LABORATORY/PRACTICE PLAN
Week
Topic

    TEACHING/ASSESSMENT
    Description
    • Lectures
    • Presentation
    • Assignments
    Description (%)
    Method Quantity Percentage (%)
    Presentation60
    Term Paper40
    Total: 100
    Learning outcomes
    • Familiarity with key financial issues related to national and global welfare and coordination.
    • Familiarity with key macroeconomic issues related to national and global welfare and coordination
    • Familiarity with key policy issues related to national and global welfare and coordination
    TEXTBOOK(S)
    • 1) International Economics: Theory and Policy by Paul Krugman and Maurice Obstfeld, 7th edition, Addison-Wesley, 2005.
    • 2) Krugman, P. / Obstfeld, M.: International Economics: Theory and Policy, Pearson 8th Edition
    • 3- Feenstra, R. C. /Taylor, A. M., International Macroeconomics, Worth Publishers

    ECTS (Allocated based on student) WORKLOAD
    Activities Quantity Duration (Hour) Total Work Load
    Lecture (14 weeks x Lecture hours per week) 0
    Laboratory / Practice (14 weeks x Laboratory/Practice hours per week) 0
    Midterm Examination (1 week) 0
    Final Examination(1 week) 0
    Preparation for Midterm Examination 0
    Preparation for Final Examination 0
    Total Workload: 0
    ECTS Credit (Total workload/25): 0