Spring 2020 - ECON 345 D100

International Finance (3)

Class Number: 1826

Delivery Method: In Person

Overview

  • Course Times + Location:

    We 10:30 AM – 12:20 PM
    EDB 7618, Burnaby

  • Exam Times + Location:

    Apr 24, 2020
    3:30 PM – 6:30 PM
    RCB IMAGTH, 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 develops basic models of exchange rates and international capital flows. Topics covered include: Purchasing Power Parity, Uncovered Interest Parity, Exchange Rate Overshooting, International Policy Coordination, Currency Crises, and Monetary Unions. In addition, there will be some discussion of the history and evolution of the international financial system, and some discussion of recent proposals to reform it.

Grading

  • Problem sets 30%
  • Midterm exam 35%
  • Final exam 35%

Materials

REQUIRED READING:

International Finance: Theory and Policy, by Krugman, Obstfeld and Melitz. 11th Edition, 2017) [Custom Pearson eText with MyLab Access Card).
ISBN: 978-013454255

OR

International Finance: Theory and Policy (Custom Pearson eText only). Krugman, Bostfeld & Melitz. 11th edition.
ISBN: 978-0134520834

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