学習院大学 国際社会科学部
2023 後期、2024 前期
【テキスト】
Krugman, Obstfeld, and Melitz『 International Finance: Theory and Policy 』12th ed., Pearson.
【授業概要】
This course introduces international finance and aims to equip students with a theoretical foundation in the field. In particular, this course studies theory of exchange rate determination, building upon purchasing power parity and interest rate parity.
【到達目標】
To learn basic theory of international finance.
【授業計画】
- Introduction
- National income accounting and the balance of payments
- Exchange rates and the foreign exchange market: An asset approach – Part 1
- Exchange rates and the foreign exchange market: An asset approach – Part 2
- Money, interest rates, and exchange rates – Part 1
- Money, interest rates, and exchange rates – Part 2
- Price levels and the exchange rate in the long run – Part 1
- Price levels and the exchange rate in the long run – Part 2
- Output and the exchange rate in the short run – Part 1
- Output and the exchange rate in the short run – Part 2
- Fixed exchange rates and foreign exchange intervention
- Real exchange rate – Part 1
- Real exchange rate – Part 2
- Determining and forecasting exchange rate
- Review and summary
Jauer 