Spring 2022 - ECON 345 D100

International Finance (3)

Class Number: 3764

Delivery Method: In Person

Overview

  • Course Times + Location:

    Fr 2:30 PM – 4:20 PM
    SWH 10081, Burnaby

  • Exam Times + Location:

    Apr 25, 2022
    12:00 PM – 3:00 PM
    RCB IMAGTH, Burnaby

  • Prerequisites:

    ECON 103 or 200 and 105 or 205, all with a minimum grade of C-; 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 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 978-013454522 
OR
International Finance: Theory and Policy (Custom Pearson eText only). Krugman, Bostfeld & Melitz. 11th edition. ISBN 978-0134520834

 


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 caladmin@sfu.ca.

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

Registrar Notes:

ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS

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

TEACHING AT SFU IN SPRING 2022

Teaching at SFU in spring 2022 will involve primarily in-person instruction, with safety plans in place.  Some courses will still be offered through remote methods, and if so, this will be clearly identified in the schedule of classes.  You will also know at enrollment whether remote course components will be “live” (synchronous) or at your own pace (asynchronous).

Enrolling in a course acknowledges that you are able to attend in whatever format is required.  You should not enroll in a course that is in-person if you are not able to return to campus, and should be aware that remote study may entail different modes of learning, interaction with your instructor, and ways of getting feedback on your work than may be the case for in-person classes.

Students with hidden or visible disabilities who may need class or exam accommodations, including in the context of remote learning, are advised to register with the SFU Centre for Accessible Learning (caladmin@sfu.ca or 778-782-3112) as early as possible in order to prepare for the spring 2022 term.