Economic Analysis of Global Markets

Code:

2EAE108

Acronym:

AEM

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2009/2010 - 2S

Active?	Yes
Responsible unit:	Grupo de Economia
Course/CS Responsible:	Master in Economics and Business Administration

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
EAE	42	Bologna Official Syllabus	1	-	6	56	162
EGA	1	Bologna Official Syllabus	1	-	6	56	162
GC	1	Bologna Official Syllabus	1	-	6	56	162
GS	0	Bologna Official Syllabus	1	-	6	56	162

Teaching language

Portuguese

Objectives

The aim of this course is to study the economy from a global perspective, understanding how the interactions between the different economies affect the world macroeconomy. Amongst other topics, we will study the importance of the foreign exchange and the international capital markets and how they work, the gains from financial globalisation, crises, and global imbalances.
This course will integrate theory with empirical evidence, while also looking at particular case studies, including the most recent ones. This will help students in their application of the theory and in identifying the relevance of the subjects studied for the important questions of the global economy.

Program

1. The global macroeconomy
2. The foreign exchange market
3. International transactions and globalisation
4. The international monetary system
5. Crises and global imbalances

Mandatory literature

Robert C. Feenstra e Alan M. Taylor; Internacional Macroeconomics, Worth Publishers, 2008

Complementary Bibliography

Paul R. Krugman e Maurice Obstfeld; International Economics: theory & policy, Pearson, 2009

Teaching methods and learning activities

The course is based on a theoretical component and a practical component whereby the concepts learned will be used in the interpretation of cases from the real world.
In order to link the subjects of the course with real economic events, relevant news from the economic press will be discussed.

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Description	Type	Time (hours)	Weight (%)	End date
Attendance (estimated)	Participação presencial	45,00
	Total:	-	0,00

Calculation formula of final grade

In the case of a distributed examination process: the final grade is the weighted average of the grades obtained in the following components:
- Assignments: 30%
- Final exam: 70%

In the case of examination by final exam: the final grade is that obtained in the final exam.

Examinations or Special Assignments

Students may choose a distributed examination process, which comprises assignments during the semester and a final exam.