The International Economics Group conducts research activities in the fields of international macroeconomics and finance, with a specific focus on international borrowing of governments. Additionally, the group examines the macroeconomic development and the political economy of open economies.
Since the beginning of the 21st century, the policy response to both the Great Financial Recession and the Pandemic Recession has resulted in a significant increase of sovereign debt accumulation across numerous countries. Through a project supported by the Swiss National Science Foundation (SNSF), the International Economics Group will develop quantitative models that study the macroeconomic consequences of high sovereign debt ratio on the implementation of structural reforms, sovereign default risk in a political environment, population ageing and health sector spending, and income redistribution.
The group’s researchers have published articles in leading international academic journals such as the American Economic Review, the Journal of the European Economic Association, the American Economic Journal: Macroeconomics, and The Economic Journal.
For more detailed information on the research activities visit the personal websites of our group members.
The International Economics Group is an integral part of the teaching curriculum for both the Bachelor’s and the Master’s programs at the Faculty of Economics and Business.
Our courses are centered around key themes in international economics such as the determinants of international lending and borrowing and the interaction between monetary and fiscal policy in open economies. Students enrolled in the interdisciplinary Master’s programs in European Global Studies and Sustainable Development are also welcome to take our courses at the Master’s level.
Every spring semester, we offer the course International Money and Finance, which is designed for students in the final year of study in the Faculty’s Bachelor’s program. The course builds upon the economic and quantitative methods taught in the first two years of the program and utilizes using a modern approach to explore central topics in international macroeconomics and finance.
Similarly, every fall semester, we offer the course Advanced International Macroeconomics, which is geared towards students in the Faculty’s and interdisciplinary Master’s programs with prior knowledge of macroeconomics or international economics. Additionally, we offer a research-oriented Colloquium that gives students insights into the forefront of research on Recent Long-run Macroeconomic Trends in open economies.
Detailed information on each of the courses can be obtained from the Course directory.