AW Curriculum
AW-Curriculum: Monetary aspects of foreign trade – exchange rates and inflation
Register NowThe Federal Ministry of Labor and Economy, the Research Centre International Economics and the Federal Academy of Administration invite to the seminar
W5 (2024): Monetary aspects of foreign trade – exchange rates and inflation
Lecturer: Priv. Doz. Dr. Fabio Rumler (OeNB)
Date: November 28, 2024, 9:00 am-12:00 pm
Registration link: https://my.demio.com/ref/KaujAPtD6wRrmgJl
Language: German
Contents:
1. Exchange rates as a key factor for monetary value and prosperity
- Presentation of the mechanism
- Exchange rates and the terms of trade
- Implications of appreciation and depreciation of a currency
- Currency wars
2. Foreign trade implications of inflation
- Determinants of inflation
- Imports and inflation
- The special case of energy prices: Foreign trade as an inflation-driving factor
- Functioning of monetary policy instruments to combat inflation
– “Normal” inflation
– Energy price-induced inflation
3. Excursus: Energy prices
- Situation on the energy markets in selected countries
- Effect on the inflation rate
- Historical link between energy consumption and economic growth
- – Energy sources and growth over time
- – Is decoupling possible?
- Overview of the energy intensity of Austrian foreign trade
– Structural challenges and need for reform
The webinar is part of the Foreign Trade and Investment Curriculum 2023/24. More information about the Foreign Trade Curriculum.