International Macrofinance

5th Εξάμηνο

Ακαδημαϊκό Έτος 2025-26

Με Μια Ματιά

Κωδικός Μαθήματος

ΧΡΟΙΚ07

Τύπος Μαθήματος

General background

Γλώσσα Διδασκαλίας

Ελληνικά

Το μάθημα προσφέρεται σε φοιτητές Erasmus;

Όχι

Τρόπος Παράδοσης

Face to face

Χρήση Τεχνολογιών Πληροφορίας και Επικοινωνιών

PowerPoint, Teams, e-Class

Αυτοτελείς Διδακτικές Δραστηριότητεσ

Τύπος

Lectures

Εβδομαδιαίες Ώρες

Μονάδες ECTS

7,5

Περιγράμματα Σπουδών

Συνδεσμοι

Αξιολόγηση Φοιτητών

Written exam: 100%

Typically, the students are asked to analyse current policy and investment dilemmas.
Occasionally, they are asked to comment on a recent article from the financial press.

Bonus 10% based on class participation.

The evaluation criteria are spelled out in the syllabus.

Μαθησιακά Αποτελέσματα

This course

presents the overall economic environment in which all major economic actors (households, firms, banks, investors, governments, central banks) operate,
describes the major economic forces at work,
analyses the complex interactions of the macroeconomy with financial markets, governments and central banks,
explores the incentives and dilemmas of the major actors,
uses current events in the economy and the financial markets, both domestic and international, as a vehicle to tie the course with the real world.

After completing the course, the students are expected to be able to

Γενικές Ικανότητες

Search for, analysis and synthesis of data and information, with the use of the necessary technology
Adapting to new situations
Decision-making
Working independently
Work in an international environment

Περιεχόμενο Μαθήματος

Basic macroeconomic variables
1. GDP and components
2. External accounts of a country (current account, capital flows account, balance of payments)
3. Savings-Investment identity
Price indices and inflation
1. Inflation dynamics
2. Inflation and interest rates – Real interest rate
3. Inflation, hyperinflation, deflation
The IS/LM model
1. Microfoundations with emphasis on the role of the financial system
2. Fiscal and monetary policy
3. Analysis of scenarios and disturbances
4. The dynamics of government debt
Monetary policy
1. Goals, instruments and constraints
2. Monetary policy implementation
3. Monetary policy and the financial system
Nominal and real exchange rates
The capital flows account (CF)
1. Interest rates and exchange rates – Interest rate parity
2. CF determinants
The Mundell-Fleming model
1. Balance of payments and the domestic economy
2. Fiscal and monetary policies under fixed and floating exchange rates
3. External disturbances
4. Analyses with hybrid exchange-rate systems
5. Currency crises
6. Twin crises – Currency and banking
Special topics on international financial investments