Bythe end of the course, the successful student should be able to do each of thefollowing:

1.You will have mastered an understanding of the exchange rate market. Inaddition, you will be

ableto assess the importance of this global market.

2.You will gain a general understanding of the modern empirical theories ofinternational

finance.

3.You will gain insight into the areas where empirical international finance andtheoretical

international financesometimes differ.

Course grades will be based on the following:

Attendance and class performance, 10 percent

HW Assignments and presentation in class, 15 percent

Mid-term test1 December 18, Wednesday (tentative), 25 percent

Final exam January 10, Friday, 50 percent

Your total score = Attendance and class performance × 0.10 + HW Assignments and presentation in class × 0.15 + Mid-term test 1 × 0.25 + Final exam× 0.50

Due to their inherent unfairness, there will be no make-up exam for midterm test. 

According to the school rule, there will be make-up exam for final exam, which will be at the beginning of the next semester.

Most of the required reading is in the textbooks for the course:

Thomas A. Pugel, International Economics, fifteenth edition, Irwin McGraw-Hill, 2012.  (Abbreviated P).  

Paul Krugman and Robin Wells, Macroeconomics, second edition, Worth Publishers, 2009.  (Abbreviated KW).  

Supplementary materials:

The Economist magazine;

The Wall Street Journal;

FRED (https://research.stlouisfed.org/fred2/) Database

I strongly suggest that you read (perhaps quickly) the assigned reading before the class discussion of the topic.  In the class discussion I will usually cover the concepts and issues that are most important and most challenging, reinforcing and extending what is in the required reading.  I suggest that after the class session you review the assigned reading to solidify your understanding.

It is highly recommended to keep up with current economic developments, both for class purposes and for your own benefit.  You can do this by reading the relevant articles in a good newspaper.  You are encouraged to bring up relevant current events and issues for discussion in class, as time permits.