Advanced Studies Program

Macroeconomics in Open Economies - Evi Pappa

02 - 06 Sep 2019

The course develops theoretical frameworks for the analysis of the determinants of international capital movements, trade imbalances, and nominal and real exchange rates. 

The theoretical frameworks are then used as the basis for the discussion of policy issues such as the emergence of the United States as the largest foreign debtor, the recent European debt crisis, currency unions, debt default, balance-of-payment crises, and the effect of the Great Recession of 2008 on the world economy. 


Prof. Evi Pappa (Madrid)

Course Outlines

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