#  BGP-620: International Macroeconomics.  

 





 Semester:   Spring 

|

 Year offered:  2020 

|

 Link: [Course Website](https://www.hks.harvard.edu/courses/international-macroeconomics) 

 

 

 

**CROSS-LISTED IN FAS AS ECON 1550**.

[CANVAS SITE 2020](https://canvas.harvard.edu/courses/71711)

The course deals with the macroeconomics of open economies. The emphasis will be on models appropriate to major countries. Topics include the foreign exchange market, devaluation, and import and export elasticities; the simultaneous determination of the trade balance, national income, the balance of payments, money flows and price levels; capital flows and our internationallyintegrated financial markets; monetary and fiscal policy in open economies; international macroeconomic interdependence and policy coordination; supply relationships, inflation, and nominal anchors for monetary policy; currency unions, the determination of exchange rates in international money markets; and international portfolio diversification.

Sort2020 Lectures: Tues-Th.

2:45 PM - 4:00 PM







---

## Class Materials:

### Ch.Supplements: 16, 19, 24, 25, 26, 27 & 28

### Ch.28: Exchange Rate Forecasting and Risk

### Ch.27: Expectations, Money & the Exchange Rate

### Ch.26: Supply and Inflation

### Ch.25: Interdependence & Policy Coordination

### Ch.24 Crises in Emerging Markets

### Ch.23: Fiscal & Monetary Policy Under Perfect Capital Mobility

### Ch.22 Mundell-Fleming Model with Partial Capital Mobility

### Ch 21: Globalization of Financial Markets

### Ch.20: Small Open Economics with Nontraded Goods

### Ch.19: Money & the Price Level

### Ch.18: Spending & the Exchange Rate in the Keynesian Model

### Ch.17: National Income & the Trade Balance

### Ch.16: The FX Market & Trade Elasticities

### Ch.15: Balance of Payments Accounts

### BGP-620 International Macroeconomics

### Syllabus BGP-620: International Macroeconomics



 

 

---

 Attachments- [  description  syllabusbgp620\_2020jan21.docx ](/sites/g/files/omnuum8121/files/frankel/files/syllabusbgp620_2020jan21.docx)
- [  picture\_as\_pdf  wtpfrankel.supp\_.ps1-s58.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.supp_.ps1-s58.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp28.p607-624.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp28.p607-624.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp27.p571-606.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp27.p571-606.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp26.p543-570.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp26.p543-570.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp25.p525-542.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp25.p525-542.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp24.p489-524.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp24.p489-524.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp23.p467-488.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp23.p467-488.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp22.p445-466.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp22.p445-466.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp21.p409-444.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp21.p409-444.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp20.p391-408.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp20.p391-408.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp19.p353-390.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp19.p353-390.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp18.p327-352.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp18.p327-352.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp17.p307-326.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp17.p307-326.pdf)
- [  picture\_as\_pdf  wtpfrankel.cp16.p291-306.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp16.p291-306.pdf)
- [  picture\_as\_pdf  wtpfrankel.ch15.p271-290+.pdf ](/sites/g/files/omnuum8121/files/frankel/files/wtpfrankel.cp15.p271-290_01.pdf)
- [  description  syllabusbgp620-2018\_19dec2017.docx ](/sites/g/files/omnuum8121/files/frankel/files/syllabusbgp620-2018_19dec2017.docx)
- [  description  syllabusbgp620-2019wtplnks.docx ](/sites/g/files/omnuum8121/files/frankel/files/syllabusbgp620-2019wtplnks.docx)
 
---