Course Title: International Monetary Economics

Part A: Course Overview

Course Title: International Monetary Economics

Credit Points: 12.00

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

ECON1082

City Campus

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

Sem 1 2006,
Sem 2 2006,
Sem 1 2007,
Sem 2 2007,
Sem 1 2008,
Sem 2 2008,
Sem 1 2009,
Sem 2 2009,
Sem 1 2010,
Sem 2 2010,
Sem 1 2011,
Sem 2 2011,
Sem 1 2012,
Sem 2 2012,
Sem 1 2013,
Sem 2 2013,
Sem 1 2014,
Sem 2 2014,
Sem 1 2015,
Sem 2 2015,
Sem 1 2016,
Sem 2 2016,
Sem 1 2017,
Sem 2 2017,
Sem 1 2018,
Sem 2 2018,
Sem 1 2019,
Sem 2 2019

ECON1084

Kolej Metropolitan

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

Offsh 1 09,
Offsh1 12

ECON1085

Singapore Inst of Management

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

Offsh 1 09,
Offsh 3 09,
Offsh 1 10,
Offsh 3 10,
Offsh 1 11,
Offsh 3 11,
Offsh1 12,
Offsh3 12,
Offsh1 13,
Offsh3 13,
Offsh1 14,
Offsh3 14,
Offsh1 15,
Offsh3 15,
Offsh1 16,
Offsh3 16,
Offsh1 17,
Offsh3 17,
Offsh1 18,
Offsh3 18,
Offsh1 19,
Offsh3 19

ECON1270

RMIT University Vietnam

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

Viet1 2013,
Viet2 2013,
Viet3 2013,
Viet1 2014,
Viet2 2014,
Viet3 2014,
Viet1 2015,
Viet2 2015,
Viet3 2015,
Viet1 2016,
Viet2 2016,
Viet3 2016,
Viet1 2017,
Viet2 2017,
Viet3 2017,
Viet1 2018,
Viet2 2018,
Viet1 2019,
Viet2 2019

Course Coordinator: Dr Sarah Sinclair

Course Coordinator Phone: +61 3 9925 1329

Course Coordinator Email: sarah.sinclair@rmit.edu.au

Course Coordinator Location: Melbourne City Campus 80.11.91

Course Coordinator Availability: Please check with course coordinator


Pre-requisite Courses and Assumed Knowledge and Capabilities

Required Prior Study
004944 - Macroeconomics 1


Course Description

This course provides you with an understanding of the principles of open economy macroeconomics. You will gain insight into the concept of external equilibrium and exchange rate determination. This material is then applied to practical problems including macroeconomic management in an open economy and the choice of exchange rate regime. The insights provided by the theoretical frameworks covered in this course enable valuation of current policy issues and the critical assessment of role of macroeconomic openness on a country’s level of employment and income.


Objectives/Learning Outcomes/Capability Development

-


On successful completion of this course you will be able to:

  1. Analyse the concept of a nation’s balance of payments to examine the economic importance of changes in a nation’s net foreign wealth position.
  2. Synthesize and evaluate theories of exchange rate determination.
  3. Assess the policy options available in an open macroeconomic environment.
  4. Evaluate the extent to which macroeconomic policy effectiveness is affected by macroeconomic openness.
  5. Assess the implications of a government’s choice between a fixed and a floating exchange rate regime.
  6. Analyse the causes and effects of currency crises.


Overview of Learning Activities

In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities comprising individual and group work. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.


Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies\Canvas. The lecture notes and workshop notes are posted on Canvas.

Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT Library facilities contact the Business Liaison Librarian for your school. Contact details for Business Liaison Librarians are located online on the RMIT library website.

Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period. 


Overview of Assessment

Assessment Task 1: 10%

Linked CLOs: 1,2,3,4,5,6

Assessment Task 2: 40%

Linked CLOs: 1,2,3,4,5,6

Assessment Task 3: 50%

Linked CLOs: 1,2,3,4,5,6