LECTURE
NOTES, ASSIGNMENTS, AND PROBLEM SETS
SOME USEFUL LINKS
Syllabus
Course Description
International finance is a study of the financial and monetary dimension of trade and investment relations among nations. It examines the international consequences of economic activities and the roles of economic and financial institutions in effecting these consequences. In this course we study money and foreign exchange markets, the balance of payments and capital flows. Moreover, in the context of an open economy, we examine the roles of government and central banking systems in effecting macroeconomic policy.
Course Objectives
In the highly interdependent economies of today’s world no business decision is completely free from international influences and without international implications. No students of economics or business can expect to fully understand current economic and business developments without some understanding of international finance. The primary objective of this course is to provide students with a basic knowledge of international monetary and financial relationships. Upon successful completion of this course, students will know the basics of the international monetary system, foreign exchange markets, financial markets and institutions, the balance of payments, and the macroeconomic fundamentals of an open economy. Students will also be exposed to the recent theoretical and empirical works in international finance.
A Note to Students
The basic prerequisites for this course are the two introductory courses in macroeconomics and microeconomics. It is expected that students have a basic understanding of supply and demand analysis and some familiarity with basic macroeconomic concepts. Students will also benefit from their mathematical skills as some analyses in this course involve limited use of basic algebra. In addition to the textbook, students will be provided with references to news reports and articles as well as online publications relevant to the topics covered in the course.
Required Textbook
Beth V. Yarbrough and Robert M. Yarbrough, The World Economy,
Open Economy Macroeconomics and Finance, 7th Edition, Thomson South-Western:
2006
Course Outline
There will be three examinations: two midterms and a final. In addition
students will be given weekly quizzes and/or assignments. The course grades
will be determined based upon the distribution of the weighted sum of all
the points obtained from the exams, quizzes and assignments as outlined
in the table below.
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Attendance
It is required that students attend classes regularly as excessive
absences could adversely affect their grades in the course.
Intellectual Integrity
Intellectual integrity on the part of all students is basic to individual
growth and development through college course work. When academic dishonesty
occurs, the teaching/learning climate is seriously undermined and student
growth and development are impeded. For these reasons, any form of intellectual
dishonesty is a serious concern and is therefore prohibited.
Note: If you have a disabling condition which may interfere with
your ability to successfully complete this course, please contact the Disability
Services Office.
Contact Information
Office: 431 Mahar Hall
Telephone: (315) 312- 3954
Email address: said.atri@oswego.edu
Web site: http://www.oswego.edu/~atri