70 likes | 85 Views
This course provides an overview of macroeconomic policy analysis, covering topics such as devaluation and trade balance, the Mundell-Fleming model, money and inflation, integration of goods and financial markets, currency regimes, exchange rate determination, and empirical evidence.
E N D
API 120:Macroeconomic Policy Analysis I August 30, 2016 Prof. Jeffrey Frankel COURSE OVERVIEW
Teaching Fellow: Tilahun Emiru • Course Assistants: Neeti Katoch,Johanna Ramos & Richard Medina-Gomez • Faculty Assistant: Minoo Ghoreishi, Belfer 505 384-7329 • Lectures: Tues. & Thurs, 1:15-2:30 pm, L230 • Review Sessions: Fridays: 10:15 a.m. & 11:45 am, L130(but 1st review session: Tues., Sept. 6, 4:15-5:30 in L140) • Grading:25%: 7 Problem sets (on each, say if you did it on your own);25%: Mid-term exam; 50%: Final exam (Mon., Dec.12, 3 - 6 p.m. No alternates). • Who can take the course? • MPA/IDs, for whom it is designed. • One or two others to whom I give permission.
Expectations for Classroom Behavior Be on time. Bring your name card. No side conversations. Eat responsibly. Leave class for emergencies only. Use laptops for course-related purposes only. Cell phones off.
Topics: • Devaluation and the Trade Balance • The Mundell-Fleming Model III. Money and Inflation IV. Integration of Goods Markets V. Small Open Economies VI. Currency Regimes VII. Integration of Financial Markets • Exchange Rate Determination To be continued in API-119, Feb. 2017: IX. Risk, Portfolio Diversification & Emerging Market Crises