International Finance : Theory and Policy

International finance is the branch of economics that studies the dynamics of exchange rates, foreign investment, and how these affect international trade. It also studies the international projects, international investments and the international capital flows. The topics in this class include :

  1. the determination of exchange rate in currency market, for example overshooting hypothesis, monetary approach, and the relation between monetary policy and exchange rate movement.
  2. the dynamic adjustment of exchange rate, and announcement effect of monetary policy on exchange rate.
  3. exchange rate target zone
  4. the introduction of some current important international fiance issue.