This gives the latest data on the balance of payment in Finland.
A couple of excercises on exchange rates.
This describes the basic IS-LM model of an economy. This will be generalized to the Mundell-Fleming model of an open economy.
Here you can find my solutions to the Problem Set 1 (P1).
Here you can find the first two sets of slides.
Slides for Dornbusch's model of exchange rate overshooting.
These slides check the robustness of the Dornbusch phenomenon.
Here are my solutions to P2.
Problem Set 2, P3.
These slides study currency substitution.
Introducing rational expectations.
Exchange rate volatility through the lens of the news model.
Modelling the risk premium
My solutions to P3
Fourth Problem Set (P4)
My solutions to P4
Final problem set P5
Here is an example of an exam
My solutions to P5