Monetary Economics and Global Economy (FIN201)
Vietnamese title: Kinh tế tiền tệ và kinh tế toàn cầu
Credits: 3
Prerequisites: ECO121

Description:
The course is an intermediate-level course in macroeconomics, including topics in international, monetary, and financial economics. The goal of the course is to provide a coherent framework for analyzing macroeconomic events, such as business cycles (recessions and booms) and long-run growth, their impact on financial markets, and to discuss macroeconomic policy. In all parts of the course, theories will be applied to current economic events. Particular emphasis will be placed on the relation between macroeconomic events and financial markets. Finishing this course, students will be well-versed in macroeconomic and finance areas, be able to realize the implications of real-life macroeconomic policy/ events on the global financial markets.

Learning outcomes:
Identify the Structure and measurement of the national economy
Describe the Consumption, Saving, Investment in the Open Economy
Explain how the economy and works in the long-run and short run
Understand, analyze and evaluate Monetary Policy and Government Budget
Perform independent and collaborative analyis on the Macroeconomy

Student tasks:
1. Class attendance is strongly encouraged. Attend at least 80% of class hours in order to be accepted to the final examination
2. Actively participate in class activities
3. Fulfill tasks given by instructor after class
4. Use their own laptop in class only for learning purpose
5. Read the textbook in advance
6. Access the course website (http://flm.fpt.edu.vn) for up-to-date information and material of the course, for online supports from teachers and other students, and for practicing and assessment.

Tools:
Internet

Materials:
description: Macroeconomics
author: Andrew Abel ,Ben Bernanke and Dean Croushore
publisher: Pearson Education Inc.
published_date: 2020
edition: 10th Edition, Global Edition
isbn: 9781292318615
note: Chọn một trong 3 ấn bản. Ưu tiên mua ấn bản mới nhất
description: Macroeconomics
author: Andrew Abel ,Ben Bernanke and Dean Croushore
publisher: Pearson Education Inc.
published_date: 2011
edition: 7th
description: Macroeconomics (Global Edition)
author: Andrew Abel ,Ben Bernanke and Dean Croushore
publisher: Pearson Education Inc.
published_date: 2010
edition: 7th
isbn: 9780273756026

Assessments:
category: Class Participation
type: on-going
weight: 10.0
duration: In class
no_question: Each student should make at least 1 individual presentation during the course in front of the class. Topics will be varied based on the topics in the textbook. In addition, students are required to do exercises and other activities
category: Essay test (01)
type: on-going
weight: 20.0
duration: 45 minutes
question_type: CLO1, CLO2, CLO3, CLO4
no_question: Exercises/essay questions: 3 short questions which can be divided into further sub-parts covering important issues
knowledge_and_skill: 03 exercise/ essay questions
grading_guide: For the essay section, there are 1 question on one or more of the chapters 1, 2, 4, 5, 6, 7, and 2 questions on two or more of the chapters 8, 9, 12, 13, 14, 15.
note: By instructor
category: Group Assignment (01)
type: on-going
weight: 20.0
duration: Presentation in class (end of the course)
question_type: CLO1, CLO2, CLO3, CLO4, CLO5
no_question: Suggestion: Choose some case study using the studied models to evaluate and explain the situation.
knowledge_and_skill: 1,500-word report and presentation handout
grading_guide: Thinking creatively, making decisions, solving problems,
Personal qualities: Individual responsibility, self-esteem, sociability, self-management, and integrity.
note: By instructor
category: Quizzes (02)
type: on-going
weight: 20.0
duration: In class, 45 minutes each
question_type: CLO1, CLO2
no_question: Multiple choice questions.
knowledge_and_skill: 35-40 questions
grading_guide: Integration of acquired knowledge and skills. Quiz 1 covers chapters 1, 2, 4. Quiz 2 covers chapters 8, 9, 12.
note: By instructor
category: Final Exam
type: Final exam
weight: 30.0
duration: 60 minutes
question_type: CLO1, CLO2, CLO3, CLO4
no_question: Multiple choice questions
knowledge_and_skill: 50 multiple choice questions
grading_guide: Multiple choice
For the multiple choice section, estimated 20% of the materials before the midterm (Chapters: 1, 2, 4, 5, 6, 7), and 80% of the materials after the midterm (Chapters: 8, 9, 12, 13, 14, 15).
note: By Exam board

Schedule:
session: - Course Overview
- Introduction to AI Integration
- Chapter 1: Introduction to Macroeconomics
1.1 Long run economics growth
1.2 Business cycles
1.3 Unemployment
learning_outcomes: IT
materials: FIN201_Chap1-8
session: Chapter 1: Introduction to Macroeconomics
1.4 Inflation
1.5 The international economy
1.6 Macroeconomic policy
learning_outcomes: IT
materials: FIN202_Chap9-15
session: Group Formation
Group Assignment Guidelines
- Suggestion: Choose some case study using the studied models to evaluate and explain the situation.
- 1,500-word report and presentation handout
- Thinking creatively, making decisions, solving problems,
Personal qualities: Individual responsibility, self-esteem, sociability, self-management, and integrity.
Chapter 2: The Measurement and Structure of the National Economy
[Practice: 1 period(s)]
learning_outcomes: I
T
U
materials: FIN201_Monetary Economics and Global Economy
session: Chapter 2: The Measurement and Structure of the National Economy
2.1 National Income Accounting: The Measurement of Production
2.2 Income and Expenditure
learning_outcomes: I
T
session: Chapter 2: The Measurement and Structure of the National Economy

2.3 Gross Domestic Product
2.4 Saving and Wealth
learning_outcomes: I
T
session: Chapter 2: The Measurement and Structure of the National Economy

2.5 Real GDP
2.6 Price Indexes and Inflation
2.7 Interest rates
learning_outcomes: T
U
session: Chapter 4: Consumption, Saving, and Investment

4.1 Consumption
4.2 Savings
learning_outcomes: I
T
U
session: Chapter 4: Consumption, Saving, and Investment
4.3 Investment
learning_outcomes: I
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session: Chapter 4: Consumption, Saving, and Investment

4.4 Good Market Equilibrium
learning_outcomes: T
U
session: Quiz 1 (Chapters 1, 2, 4)
session: Chapter 5: Saving and Investment in the Open Economy
5.1 Balance of Payments Accounting
5.2 Goods Market Equilibrium in an Open Economy
5.3 Saving and Investment in a Small Open Economy
learning_outcomes: T
U
session: Chapter 5: Saving and Investment in the Open Economy
5.4 Saving and Investment in Large Open Economies
5.5 Fiscal Policy and the Current Account
learning_outcomes: T
U
session: Chapter 6: Long-Run Economic Growth
6.1 The Sources of Economic Growth
learning_outcomes: T
U
session: Chapter 6: Long-Run Economic Growth

6.3 Growth Dynamics: The Solow Model
learning_outcomes: T
U
session: Chapter 6: Long-Run Economic Growth

6.3 Growth Dynamics: The Solow Model
learning_outcomes: I
T
session: Chapter 6: Long-Run Economic Growth

6.3 Growth Dynamics: The Solow Model
learning_outcomes: I
T
session: Chapter 6: Long-Run Economic Growth
6.4 Government Policies to Raise Long-Run Living Standards
learning_outcomes: I
T
session: Chapter 7: The Asset Market, Money, and Prices
7.1 What Is Money?
learning_outcomes: I
U
session: Chapter 7: The Asset Market, Money, and Prices
7.2 Portfolio Allocation and the Demand for Assets
learning_outcomes: I
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session: Chapter 7: The Asset Market, Money, and Prices
7.3 The Demand for Money
learning_outcomes: I
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session: Chapter 7: The Asset Market, Money, and Prices
7.4 Asset Market Equilibrium
learning_outcomes: I
U
session: 7.5 Money Growth and Inflation
learning_outcomes: U
session: Progress Review & Practice Exercises
learning_outcomes: T
U
session: Chapter 8: Business Cycles
8.1 What is a Business Cycle?
learning_outcomes: T
U
session: 8.2 The American Business Cycle: The Historical Record
learning_outcomes: I
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session: Chapter 8: Business Cycles
8.3 Business Cycle Facts
8.4 Business Cycle Analysis: A Preview
learning_outcomes: I
T
session: Chapter 9: The IS-LM/AD-AS Model: A General Framework for Macroecon
omic Analysis
9.1 The FE Line: Equilibrium in the Labor Market
9.2 The IS Curve: Equilibrium in the Goods Market
learning_outcomes: I
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session: Chapter 9: The IS-LM/AD-AS Model: A General Framework for Macroecon
omic Analysis
9.3 The LM Curve: Asset Market Equilibrium
General Equilibrium in the Complete IS-LM Model
learning_outcomes: T
U
session: Group Topic Finalization
Chapter 9: The IS-LM/AD-AS Model: A General Framework for Macroeconomic Analysis
9.4 Price Adjustment and the Attainment of General Equilibrium
learning_outcomes: T
U
session: Chapter 9: The IS-LM/AD-AS Model: A General Framework for Macroeconomic Analysis
9.4 Price Adjustment and the Attainment of General Equilibrium
learning_outcomes: T
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session: Chapter 9: The IS-LM/AD-AS Model: A General Framework for Macroeconomic Analysis
[Practice: 1 period(s)]
9.5 Aggregate Demand and Aggregate Supply
learning_outcomes: I
T
session: Chapter 12: Unemployment and Inflation
[Practice: 1 period(s)]
12.1 Unemployment and Inflation: Is there a trade off
learning_outcomes: T
U
session: Chapter 12: Unemployment and Inflation
[Practice: 1 period(s)]
12.2 The Problem of Unemployment
12.3 The Problem of Inflation
learning_outcomes: T
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session: Quiz 2 (Chapters 8, 9, 12)
- Exchange Rates,
- Business Cycles,
-Macroeconomic Policy in the Open Economy
learning_outcomes: I
T
U
session: Quiz 2 (Chapters 8, 9, 12) - Review
-Exchange Rates,
- Business Cycles,
-Macroeconomic Policy in the Open Economy
learning_outcomes: T
U
session: Chapter 13: Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy
13.1 Exchange Rates
learning_outcomes: T
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session: Chapter 13: Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy

13.2 How Exchange Rates Are Determined: A Supply-and-Demand Analysis
13.3 The IS-LM Model for an Open Economy
learning_outcomes: I
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session: Chapter 13: Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy
13.4 Macroeconomic Policy in an Open Economy with Flexible Exchange Rates
learning_outcomes: I
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session: Chapter 13: Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy
13.5 Fixed Exchange Rates
learning_outcomes: I
T
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session: Chapter 14: Monetary Policy and the Federal Reserve System

14.1 Principles of Monetary Supply Determination
learning_outcomes: T
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session: Chapter 14: Monetary Policy and the Federal Reserve System

14.2 Monetary Control in the United States
learning_outcomes: T
U
session: Chapter 14: Monetary Policy and the Federal Reserve System
14.3 The Conduct of Monetary Policy: Rules Versus Discretion
learning_outcomes: T
U
session: Chapter 14: Review
14.3 The Conduct of Monetary Policy: Rules Versus Discretion
learning_outcomes: T
U
session: Chapter 15: Government Spending and Its Financing

15.1 The Government Budget: Some Facts and Figures
15.2 Government Spending, Taxes, and the Macroeconomy
learning_outcomes: U
session: Chapter 15: Government Spending and Its Financing
[Practice: 1 period(s)]
15.3 Government Deficits and Debt
learning_outcomes: T
U
session: Chapter 15: Government Spending and Its Financing
[Practice: 1 period(s)]
- ]15.4 Deficits and Inflation
learning_outcomes: T
U
session: Exercises and Problems Practices
learning_outcomes: U
session: Exercises and Problems Practices
learning_outcomes: U
session: Essay test (Progress Test)
learning_outcomes: U
session: Essay test (Progress Test) - Review

- Review
Submission of Group Assignment
Course Review & Practice
[Practice: 2 period(s)]
learning_outcomes: U
session: Essay test (Progress Test)

- Review
Submission of Group Assignment
Course Review & Practice
[Practice: 2 period(s)]
learning_outcomes: U
session: Correction of Essay test
learning_outcomes: U
session: Course Review & Practice
[Practice: 2 period(s)]
learning_outcomes: U
session: Course Review & Practice
[Practice: 2 period(s)]
learning_outcomes: U
session: Presentation of Group Assignment
[Practice: 4 period(s)]
learning_outcomes: U
session: Presentation of Group Assignment
[Practice: 4 period(s)]
learning_outcomes: U
session: Presentation of Group Assignment
[Practice: 4 period(s)]
learning_outcomes: U
session: Presentation of Group Assignment
[Practice: 4 period(s)]
learning_outcomes: U
session: Presentation of Group Assignment
[Practice: 4 period(s)]
learning_outcomes: U
session: Presentation of Group Assignment[Practice: 4 period(s)
learning_outcomes: U