Economics 446/546
International Finance
Exam: Wednesday, May 14 1:00-3:00
Rescheduled office hours for May 13: 3:00-4:00
Lecture Notes
1
National Income and Balance of Payments Accounting (Chapter 12)
2 Exchange Rates (Chapter 13)
3 Money
supply and the exchange rate (Chapter 14)
4
Price and the exchange rate in the long run (Chapter 15)
5
Output and the exchange rate (Chapter 16)
7 Fixed Exchange Rates and Exchange Market
Intervention (Chapter 17)
8
International Monetary Systems (Chapter 18)
9 Fixed versus Flexible Exchange Rates
(Chapter 19)
10
European Monetary Union (Chapter 20)
11 Global Capital Markets (Chapter 21)
13 Developing Countries (Chapter 22)
Homeworks
·
Due 2/13/08
Chapter 12, problems 2, 6, 10; Chapter 13, problems 6 ,14; Chapter 14, problems
1, 4, 6, 10.
·
Due 2/29/08
Analyze the effect of 1) a decrease in
the money supply, 2) an increase in investment, 3) an increase in full
employment output on the exchange rate, level of output, price level, and
current account in the short run when prices are sticky and in the long run
when prices are flexible.
·
Due 4/25/08: questions 1,3,4,6,7,8,9 from 2007 final
exam
Paper