TEACHING WILL BE FACE-TO-FACE

For more information see the teaching guide.

If it is not possible to guarantee  completely the face-to-face teaching of the subject, a mixed / hybrid teaching scenario is contemplated.  The adaptation to the new situation will take place as follows:

• Teaching: in case of hybrid teaching de contents will continue online through the virtual campus and we will continue with the exercises.
• Evaluation: in case of hybrid teaching the mid-term exam will not be done and we will maintain the case study through the virtual campus. The % of the mid-term exam will be part of the final exam.
• Personalized attention: in case of hybrid teaching the personalized attention will be like the face-to-face personalized attention but online.

GENERAL DESCRIPTION OF THE SUBJECT

The objective of this course is to provide an analytical training in open economy issues from a European perspective. The course aims at analyzing key questions in open economy macroeconomics such as: how is the (nominal) exchange rate of the euro versus other currencies determined? What does it mean for a currency like the euro to be overvalued or undervalued? What are the benefits of fixed exchange rates or a common currency? Why do some fixed exchange rate regimes fail and end in a currency crisis?