Course Details
Country:
Germany
Institution:
Frankfurt School of Finance & Management
Course Title:
Challenges of the World Economy
Course Number:
ECO60110
Course Description:
The module analyses short and long-term challenges of the world economy and discusses possible solutions outlined in the World Economic Outlook and the Global Financial Stability Report published by the International Monetary Fund (IMF). Both reports analyze current features of the world economy and global financial markets respectively.
A special focus is given to the analysis of the following areas: (i) the world business cycle, (ii) the sovereign debt crisis in advanced economies, (iii) the imbalances between advanced and emerging economies, (iv) the issues of financial stability and the changing business model of banks, and (v) the future of the global currency system. The second pillar of the module is the discussion of respective macroeconomic policy actions, which can be basically divided in (i) fiscal and monetary policy, (ii) demand and supply side driven actions, and (iii) Monetarism vs. Keynesianism.
Language:
English
Approved Equivalent:
ECON 3---
Attachment Files:
Challenges of the World Economy.pdf
