Lecture notes
UCL ECON0016 (International Macroeconomics): Term 2, Chapter 1 notes
University College London
ECON0016: International Macroeconomics
Dive into the core principles of international macroeconomics with these Chapter 1 notes for UCL’s ECON0016 (Term 2). This concise yet comprehensive document breaks down the concept of global imbalances and explores the balance of payments, current account vs. financial account, net international investment position (NIIP), and the key drivers behind trade deficits and surpluses. Real-world case studies (such as the United States, the United Kingdom, China, and Germany) illustrate how persiste...
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