Spring 2023 - ECON 345 D100
International Finance (3)
Class Number: 3189
Delivery Method: In Person
Course Times + Location:
Fr 12:30 PM – 2:20 PM
SSCB 9200, Burnaby
Exam Times + Location:
Apr 16, 2023
12:00 PM – 3:00 PM
RCB IMAGTH, Burnaby
Prerequisites:ECON 103 with a minimum grade of C- or ECON 113 with a minimum grade of A-; ECON 105 with a minimum grade of C- or ECON 115 with a minimum grade of A-; 60 units or permission of the department.
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.
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 a discussion of the “Euro Crisis”.
- Tutorial Work, (5% participation, 10% assignments) 15%
- Midterm Exam 35%
- Final Exam 50%
International Economics: Theory and Policy, by Paul Krugman and Maurice Obstfeld 11th Edition, 2017) [Custom Pearson, eText )
My Econlab is not required
REQUIRED READING NOTES:
Your personalized Course Material list, including digital and physical textbooks, are available through the SFU Bookstore website by simply entering your Computing ID at: shop.sfu.ca/course-materials/my-personalized-course-materials.
Department Undergraduate Notes:
Please note that, as per Policy T20.01, the course requirements (and grading scheme) outlined here are subject to change up until the end of the first week of classes.
Final exam schedules will be released during the second month of classes. If your course has a final exam, please ensure that you are available during the entire final exam period until you receive confirmation of your exam dates.Students requiring accommodations as a result of a disability must contact the Centre for Accessible Learning (CAL) at 778-782-3112 or email@example.com.
***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***
ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS
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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