International Finance
Welcome to the chair of International Finance.
Information for the Current Term
During the current winter term, all lectures, seminars and office hours are taking place in person.
For appointments for office hours, please contact Mrs. Despina Tourmousoglou under the contact below. Online office hours may be arranged upon request.
Further information about lectures and seminars is available under the link “Teaching” on the left of this page.
Office hours with Prof. Dr. Philip Sauré upon appointment.
What is International Finance?
The discipline of International Finance – or International Macroeconomics or Open Macroeconomics – studies the cross-border trade in financial assets. The motives and determinants of international assets trade are analyzed, its patterns, features, and its ultimate effects on domestic economies. Many studies put their focus on episodes of financial instability and crises. Countries’ monetary policies, their exchange rates, current account and international investment positions are central objects of the discipline.
Financial assets that are traded across borders are in a general sense contractual claims on the future delivery of financial or real resources. They therefore ultimately enable and facilitate the exchange of goods and services over time. The disciplines of International Finance and International Trade are thereby intimately linked.