10108-FS2025-0-International Monetary Economics





Root number 10108
Semester FS2025
Type of course Lecture
Allocation to subject Economics
Type of exam not defined
Title International Monetary Economics
Description *** IMPORTANT ***
For the most updated administrative course information (date changes, room changes etc) please always refer to the KSL page only and not to the Info page in ILIAS – the ILIAS infopage will not be updated!


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The course focuses on exchange-rate markets starting with relationships as covered interest parity and uncovered interest parity and studying speculative positions through carry-trade strategies. It presents models for the exchange rate determination as the monetary model, the balance-of-payment currency crisis model. The course also develops a framework to think about the effects of monetary policy in an international context. Topics also include the determination of the current account and international risk sharing. The last part of the course focuses on the global consequences of cryptocurrencies.

Readings: Obstfeld, Maurice and Kenneth Rogoff (1996), Foundations of International Macroeconomics, The MIT Press. (OR)

Language: English
Credits: 4 SWS / 6 ECTS
Evaluation: The grade will be determined by a final exam (100 minutes)


Lesson: Tuesday, 14.15-16.00h, 206, H4
Wednesday, 08:15-10.00h, 105, H4
Exercises with Teaching assistant: Wjera Yell Leutenegger (wjera.leutenegger@unibe.ch)

*** the lecture on 09.04. is cancelled due to SUB Jubilee *****

1st exam: Tuesday, 27. May 2025, 14:15 - 15:55h, (100 min) , 206, H4
2nd exam: Tuesday, 09. September 2025, 14:15 - 15:55h, (100 min) , tba
ILIAS-Link (Learning resource for course) No registration/deregistration in CTS (Admission in ILIAS possible). ILIAS
Link to another web site
Lecturers Prof. Dr. Pierpaolo BenignoTeaching Staff, Faculty of Business, Economics and Social Sciences 
ECTS 6
Recognition as optional course possible No
Grading 1 to 6
 
Dates Tuesday 14:15-16:00 Weekly
Wednesday 08:15-10:00 Weekly
Tuesday 9/9/2025 14:15-15:55
 
Rooms Seminarraum 105, Hauptgebäude H4
Seminarraum 206, Hauptgebäude H4
 
Students please consult the detailed view for complete information on dates, rooms and planned podcasts.