Simon Fraser University
Engaging the World

Course Outlines

Summer 2019 - ECON 345 D100

International Finance (3)

Class Number: 3065

Delivery Method: In Person

Overview

  • Course Times + Location:

    May 6 – Aug 2, 2019: Fri, 10:30 a.m.–12:20 p.m.
    Burnaby

  • Exam Times + Location:

    Aug 13, 2019
    Tue, 3:30–6:30 p.m.
    Burnaby

  • Prerequisites:

    ECON 103 or 200 and 105 or 205; 60 units or permission of the department.

Description

CALENDAR DESCRIPTION:

Foreign exchange markets; determination of spot and forward exchange rates; Euro currency markets; balance of payments statistics; international adjustment theory; income price and exchange rate effects; the role of international short term capital flows; the international monetary system: gold standard, freely floating rates, dollar gold exchange standard, centrally created reserves. Students with credit for ECON 445 may not take this course for further credit. Quantitative.

COURSE DETAILS:

This course surveys a variety of topics in international finance and open-economy macroeconomics, including: the foreign exchange market, exchange rate determination, Purchasing Power Parity, speculative attacks and the causes and consequences of international financial crises, Financial Derivatives Etc. This course will follow both a theoretical and practical approach. We will also see how practitioners in real world use the theories of international finance.

Grading

  • Assignments 20%
  • Midterm 30%
  • Final exam 50%

Materials

REQUIRED READING:

International Economics: Theory and Policy, 11th Edition. 2017. Paul Krugman and Maurice Obstfeld. [Custom Pearson, latter half of text, MYLAB Economics with e-text Access card] 
ISBN: 978-013454522

Department Undergraduate Notes:

***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***

Students requiring accommodations as a result of a disability must contact the Centre for Accessible Learning (CAL) at 778-782-3112 or caladmin@sfu.ca.

Registrar Notes:

SFU’s Academic Integrity web site http://www.sfu.ca/students/academicintegrity.html is filled with information on what is meant by academic dishonesty, where you can find resources to help with your studies and the consequences of cheating.  Check out the site for more information and videos that help explain the issues in plain English.

Each student is responsible for his or her conduct as it affects the University community.  Academic dishonesty, in whatever form, is ultimately destructive of the values of the University. Furthermore, it is unfair and discouraging to the majority of students who pursue their studies honestly. Scholarly integrity is required of all members of the University. http://www.sfu.ca/policies/gazette/student/s10-01.html

ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS