Kies de Nederlandse taal
Course module: 30L107-B-6
Macroeconomics 2: International Finance
Course info
Course module30L107-B-6
Credits (ECTS)6
CategoryBA (Bachelor)
Course typeCourse
Language of instructionEnglish
Offered byTilburg University; Tilburg School of Economics and Management; TiSEM: Economics; Economics;
Is part of
B Economics and Business Economics
B Economics
D.A. Hillrichs
Other course modules lecturer
dr. R.G.M. Nijskens
Other course modules lecturer
Academic year2019
Starting block
SM 2
Course mode
Registration openfrom 07/01/2020 up to and including 21/08/2020
This course is to be regarded as an introduction to the world of international finance. After attending this course, students will have an insight into the standard theories of exchange rate determination as well as of international macro-economic policy making, including their empirical applications.
Please note that this course is only open to students of the Economics program and cannot be used as an elective for other programs.
In the first part of the course, a model is developed to illustrate the interrelations between exchange rates, interest rates, price levels and product market developments, both in the short and in the long run, and both under flexible and under fixed exchange rates.

In the second part, this model is applied to actual cases of international macroeconomic policy making. Topics to be addressed include macroeconomic policy and international coordination under floating exchange rates, optimum currency areas, the European experience (EMU) and international financial markets.

Type of instructions
Lectures and tutorials

Type of exams
assignments (25%), mid-term exam (25%), final exam (50%)

Compulsory Reading
  1. Krugman, Obstfeld, Melitz, International Economics, Theory and Policy, Pearson, 11th Global Edition (parts 3 and 4). ISBN 978-1292214870
  2. Lecture slides and other materials as indicated on the Canvas site that accompanies this course.
Contact person
Dr R.G.M. Nijskens
Timetable information
Macroeconomics 2: International Finance
Written test opportunities
Written test opportunities (HIST)
Final exam / Final examEXAM_01SM 2129-05-2020
Final exam / Final examEXAM_01SM 2229-06-2020
Required materials
Book by Krugman, Obstfeld, Melitz, International Economics, Theory and Policy, Pearson, 11th Global Edition. ISBN 978-1292214870
Title:International Economics, Theory and Policy
Author:Krugman, Obstfeld, Melitz
Recommended materials
Computer Assignments

Final exam

Final grade

Kies de Nederlandse taal