International Econ – MBA


Course outline: International Economics (MBA) 2017/18

Course textbook:

Course handouts: download here (zip) [Coming soon]

Problem set: download it here.


1. Monetary policy

1. Monetary Policy I*

Video: “An introduction to the Dynamic AD-AS model“, September 2014

Video: “The four-fold path to monetary credibility“, July 2016

Video: “Optimal Currency Areas“, March 2017

2. Fiscal policy

2. Fiscal Policy*

3. International economics

3a. Foreign exchange

“Josko Joras (A)”, December 2012

Instructions: Complete exercises 1,2, and 3

3b. Currency crises

“Currency Crises” Harvard Business School case no. 9-799-088 (£)

Discussion question: Which countries are on the verge of a currency crisis?

4. Public finance and sovereign debt

4a. Public finance

“Rovna Dan: The Flat Tax in Slovakia”, Harvard Business School case no. 9-707-043, March 2010 (£) / Flat Tax in Slovakia, May 2016

4b. Debt crises

Blustein, Paul “And the Money Kept Rolling In” Public Affairs, 2005 (pp.39-60) (£)

Discussion question: As of July 1998 should the IMF suspend their program in Argentina, or continue their support?

5. Applications 

5a. Group presentations

5b. Problem set review

Note:

Sessions marked with an asterix (*) have a lecture handout available in advance, which can be downloaded.

Cases marked with a pound sign (£) are either available via Blackboard or through the library.