International Finance (ECON 243)

Summer Semester I, 2005

 

 

Class times:                             Mondays and Wednesdays, 6:00 – 9:15 pm, Monteith 221

                                                Occasionally Fridays (June 3, July 6)

 

Instructor:                                Prof. S. Cunningham

Instructor’s Office:                   HRM 418

Telephone:                              486-3550

Office Hours:                            5:00 - 6:00 pm on class days;

                                                or by appointment.

 

Webpage:                               http://professorcunningham.com   

Email:                                     Steven.R.Cunningham@uconn.edu     

 

Required Texts:                       International Economics, 12th edition by Pugel.

                                    Irwin/McGraw-Hill, 2004.

 

Schedule and Content:            Chapters 15-24. Midterm exam on Chapters 15-20. Final Exam on Chapters 21-24 and material presented in class on the euro and related topics. The Final Exam is given on the last day of class.

 

                                                We discuss balance of payments accounting, exchange rate theory and the foreign exchange market, policy issues related to the foreign exchange market, exchange rate regimes, open economy macroeconomics, direct foreign investment, international lending, financial crises, European integration, and the euro.

 

Class

Date

Planned Content

Exams

1

June 1

Payments Among Nations (15)

Lecture 1 Slides

Lecture 1 Slides in Acrobat Format

 

2

June 3

Foreign Exchange (16, 17) 

Lecture 2 Slides
Lecture 2 Slides in Acrobat Format

 

3

June 6

Exchange Rate Determination(18)

Lecture 3 Slides

Lecture 3 Slides in Acrobat Format

 

4

June 8

Government Policies (19)

Lecture 4 Slides

Lecture 4 Slides in Acrobat Format
Study questions for Mid-Term Exam

 

5

June 13

International Lending and Financial Crises (20)
Lecture 5 Slides

Lecture 5 Slides in Acrobat Format

 

6

June 15

Open Economy Macro (21)

Lecture 6 Slides

Lecture 6 Slides in Acrobat Format

Mid-Term

Exam

7

June 20

Internal and External Balance with Fixed Exchange Rates (22)

Lecture 7 Slides

Lecture 7 Slides in Acrobat Format

 

8

June 22

Floating Exchange Rates and Internal Balance (23)

Lecture 8 Slides

Lecture 8 Slides in Acrobat Format

 

9

June 27

Exchange Rate Regimes (24)

Lecture 9 Slides

Lecture 9 Slides in Acrobat Format

 

10

June 29

History of the European Integration
Optimal Currency Areas
Lecture 10 Slides

Lecture 10 Slides in Acrobat Format

 

11

July 6

The Euro and Its Performance
Lecture 11 Slides

Lecture 11 Slides in Acrobat Format

Study Questions for Final Exam

12

July 8

 

Final Exam

 

 

Grade Evaluation:                  Mid-Term Exam:                  50%

                                                Final Exam:                       50%

                                                                                       100%