- Docente: Massimiliano Marzo
- Crediti formativi: 6
- SSD: SECS-P/01
- Lingua di insegnamento: Inglese
- Modalità didattica: Convenzionale - Lezioni in presenza
- Campus: Forli
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Corso:
Laurea Magistrale in
Economia e management (cod. 9203)
Valido anche per Laurea Magistrale in Business Administration and Sustainability (cod. 5944)
Laurea Magistrale in Business Administration and Sustainability (cod. 5944)
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dal 19/09/2023 al 24/10/2023
Contenuti
- Introduction to the course. Exchange Rate: spot, real, cross rates.Forward and futures.The exchange rate market.
- Arbitrage conditions.Exchange rate risk.Exchange-Rate regimes. The central bank’s balance sheet in open economy.
- Balance of payments. The ‘J’ effect and the pass through effect. The absorption approach to Balance of Payments.
- Economic Policy in Open Economy: the Mundell Fleming model with perfect and imperfect capital mobility. Optimal Currency Areas.
- The monetary approach to balance of payments.
- Purchasing Power Parity.
- Overshooting of Exchange-Rate.
- The portfolio balance approach to exchange-rate determination.
- Balance of Payment Crisis
- Target Zones
Testi/Bibliografia
Pilbeam K., “International Finance”, fourth edition, 2014, Palgrave McMillan
Additional readings will be uploaded on Virtuale
Metodi didattici
The course is offered on a traditional in-class lecture: there will be 10 class meetings, each of them is 3 hours-long, for a total of 30 hours.
Modalità di verifica e valutazione dell'apprendimento
Written exam in presence. Oral exam is an option only for those who really want to show their knowledge. The starting grade is the written exam's grade: according the the performance showed in the oral session, it is possibile to improve or worsen from the written exam's grade.
Strumenti a supporto della didattica
Slides, overheads and additional set of notes (copyrighted) will be distributed via Virtuale.
Orario di ricevimento
Consulta il sito web di Massimiliano Marzo