International Economics

Spring 2020

This website is primarily for those students in my Spring 2020 EC 250 International Economics course at Quinnipiac University.  I teach the course as an Open Macroeconomics course.  While the focus is on serving my students, I'm posting it publicly so anyone with an interest in macroeconomics can access it.  Enjoy!

At QUINNIPIAC the course is EC350, T-Th, 5:00 - 6:15 PM, ONLINE

Policy Choices: For Final Homework

Choosing Your Open Economy's Monetary Policy Regime

 

Trying to Cheat

The AS-AD Model

These cover the basics of Aggregate Supply - Aggregate Demand analysis.  The model is done in an open economy, including the basic effects on NX.

Here are my lecture notes for this as well: AS-AD Basics

Applying Open Economy AS-AD Model to Analyzing Tariffs

These are from a video series I did awhile ago.  We didn't cover tariffs in the course. They are simply a tax on foreign goods entering a country.

Homework 3 due by midnight, Thursday, May 7

Countries Reports, Data and Notes:

Argentina (2001 sudden stop and BoP crisis)

Argentina (1990s inflation stabilization with FIX)

Greece (2007 Global Financial Crisis)

Hungary (2007 Global Financial Crisis)

Mexico (1994 BoP "Tequila" Crisis)

Thailand (1997/98 BoP Crisis)

Data and Notes:

Argentina (2001 sudden stop and BoP crisis)

Argentina (1990s inflation stabilization with FIX)

Greece (2007 Global Financial Crisis)

Hungary (2007 Global Financial Crisis)

Mexico (1994 BoP "Tequila" Crisis)

Thailand (1997/98 BoP Crisis)

Homework and Keys

Additional Materials

P. Montiel on Financial Markets 

My Review Materials

First part of the Course (done on-site)

Open Economy Basics Review

 

OLD on-site Lecture Notes

  1. Open Economy National Income, BoP and Sudden Stops

  2. Open Economy Loanable Funds (Hand written actual lecture notes)

  3. Exchange Rates

  4. The FOREX market

  5. Real Money Markets

  6. Real Money Markets, FOREX and Time Paths: Two Completed Examples

Money Markets and Forex: For Homework 1 (for online course)

 

The Market for Nominal Money Balances

Videos

Converting the Real Money Market to the Nominal Money Market 

Note: All changes here are unanticipated and permanent.

Videos

Lecture Notes: REAL Money Markets

The FOREX Market (done in class)

Lecture NotesThe FOREX market

The FOREX and Money Markets - Flexible Exchange Rate Regimes

Lecture NotesREAL Money Markets, FOREX and Time Paths: Two Completed Examples

Lecture Notes (new)Assumptions on Timing Announcements and Beliefs

Unanticipated and Temporary Changes in Levels

Unanticipated and Permanent Changes in Levels

Anticipated and Permanent Changes in Levels

Lecture Notes (new)The Role of Non-Tradables: Exchange Rate Overshooting in Flexible Exchange Rate Regimes

Homework 1 - due by "midnight" Thursday, April 2

 

Anskwer Key for Homework 1

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