Module code: EC3067
International Macroeconomics explores how differences in economic principles of nations effect firms, corporations and consumers and how to measure the flow of money across international markets. Throughout the course of this module you will start to explore the advantage of open economies - for governments, firms and consumers, and what impact this has on policies implemented.
You will explore what effects the international exchange rate has on trade - how does trade with countries who use the US dollar or the Japanese yen compare with countries who use the Indian rupee or the Chinese yuan. You will also investigate how the changing exchange rate between different currencies impacts the amount of resources a nation can import and export.