Planeamento
Aulas do tipo Teórico-Prático
Lecture 1
- Presentation.
- Chapter 1 - Exchange rates and the foreign exchange market
- The definition of exchanges rates.
- The foreign exchange market.
Lecture 2
Chapter 1 - Exchange rates and the foreign exchange market
- Types of exchange rates
- The demand for foreign currency assets
Lecture 3
Exchange rates and the foreign exchange market
A
model of foreign exchange markets
- role
of interest rates on currency deposits
- role
of expectations of exchange rates
Lecture 4
1. Exchange rates and the foreign exchange market
A model of foreign exchange markets
- role of interest rates on currency deposits
- role of expectations of exchange rates
Covered parity condition.
2. Money, Interest Rates, and Exchange Rates
- What
is money?
- Control
of the supply of money
- The
willingness to hold monetary assets
Lecture 5
Chapter 2 - Money, Interest Rates, and Exchange Rates - Money, the price level, and the exchange rate in the long run.
- A
model of real monetary assets, interest rates, and exchange rates
Lecture 6
Chapter 2 - Money, Interest Rates, and Exchange Rates - inflation and exchange rate dynamics.
- Long-run
effects of changes in money on prices, interest rates, and exchange rates
Lecture 7
Chapter 2 - Exchange rate overshooting.
Lecture 8
3. Price Levels and the Exchange Rate in the Long Run
- law of one price
- purchasing power parity
- monetary approach to the exchange rates
Lecture 9
3. Price Levels and the Exchange Rate in the Long Run
- Relationship between interest rates and inflation: Fisher effect
- Shortcomings of purchasing power parity
Lecture 10
3. Price Levels and the Exchange Rate in the Long Run
- Long-run
model of exchange rates: real exchange rate approach.
Lecture 11
3. Price Levels and the Exchange Rate in the Long Run
- Long-run model of exchange rates: real exchange rate approach (conclusion).
- Real interest rates.
Lecture 12
4. Output and the Exchange Rate in the Short Run
- Determinants of aggregate demand in the short run.
Lecture 13
4. Output and the Exchange Rate in the Short Run
- A short-run model of output markets (conclusion)
- A short-run model of asset markets
Lecture 14
Intermediate Test
Lecture 15
4. Output
and the Exchange Rate in the Short Run
- Effects
of temporary and permanent changes in monetary and fiscal policies (introduction)
Lecture 16
4. Output and the Exchange Rate in the Short Run
- Effects of temporary and permanent changes in monetary and fiscal policies (cont.)
Lecture 17
4. Output
and the Exchange Rate in the Short Run
- Effects of permanent changes in monetary and fiscal policies.
- Adjustment
of the current account over time (introduction).
Lecture 18
4. Output
and the Exchange Rate in the Short Run
- Adjustment
of the current account over time.
5.Fixed Exchange Rates and Foreign Exchange Intervention
- Balance sheets of central banks
Lecture 19
5.Fixed Exchange Rates and Foreign Exchange Intervention
- How the central bank fixes the
exchange rate
- Monetary and fiscal policies
under fixed exchange rates (introduction)
Lecture 20
5. Fixed Exchange Rates and Foreign Exchange Intervention
- Monetary and fiscal policies
under fixed exchange rates (conclusion)
- Financial market crises and
capital flight.
Lecture 21
5. Fixed Exchange Rates and Foreign Exchange Intervention
- Risk premium.
- Types of fixed exchange rates.
Lecture 22
6. International Monetary Systems: An Historical Overview
- Goals of macroeconomic
policies—internal and external balance
- Gold standard era 1870–1914
- International monetary system
during interwar period 1918–1939
- Bretton Woods system of fixed
exchange rates 1944–1973 (introduction)
Lecture 23
6. International Monetary Systems: An Historical Overview
- Bretton Woods system of fixed
exchange rates 1944–1973 (conclusion).
- Collapse of the Bretton Woods
system.
Lecture 24
6. International Monetary Systems: An Historical Overview
- Arguments for floating exchange
rates.
- Macroeconomic interdependence
under a floating exchange rate.
- Foreign exchange markets since
1973.