econ 352-international finance-syed muhammad hussain
TRANSCRIPT
Lahore University of Management Sciences
ECON 352 International Finance
Spring 2012-2013
Instructor Syed Muhammad Hussain
Room No. TBA
Office Hours Fridays 11:00 – 1:00
Email [email protected]
Telephone
Secretary/TA
TA Office Hours
Course URL (if any)
Course Basics
Credit Hours 4
Lecture(s) Nbr of Lec(s) Per Week 2 Duration 110 minutes
Recitation/Lab (per week) Nbr of Lec(s) Per Week Duration
Tutorial (per week) Nbr of Lec(s) Per Week Duration
Course Distribution
Core
Elective Elective
Open for Student Category
Close for Student Category
COURSE DESCRIPTION
The main objective of this course is to provide you with a clear understanding of the foundations of internationalfinance by using a blend of theoretical concepts and real world applications such as balance of payments problemsand policies and the causes of exchange rate movements. In addition, we will also examine some current policy-related issues that have taken center stage in international media. For example, Which exchange rate regime isbetter: fixed or flexible? What are the benefits and costs of forming a monetary union? Why have there beenexchange-rate crises in Asia, Russia and South America in late 1990s? How can the international monetarysystem be reformed and improved? By the end of the course you should be able to understand basic analysisof open economy models, apply this analysis to address key policy issues and take interest in the debates thatmakes this area so exciting and fascinating.
Grading Breakup and Policy
Assignment(s):
Home Work:
Quiz(s): 30%
Class Participation:
Attendance:
Midterm Examination: 30%
Project:
Final Examination:40%
Examination Detail
Midterm
Exam
Yes/No: Yes
Combine Separate:
Duration: 2.5 hours
Preferred Date:
Exam Specifications:
Lahore University of Management Sciences
Final Exam
Yes/No: Yes
Combine Separate:
Duration: 2.5 hours
Exam Specifications:
COURSE OVERVIEW
Week/
Lecture/
Module
TopicsRecommended
Readings
Objectives/
Application
• Introduction to basic concepts inInternational Finance
Chapters 1-8
• Determinants of the Balance of Payments and Exchange rates
Chapters 9-10
• Some Macroeconomics Krugman and Obstfeld (Chapter 14-
16)
•
Macroeconomic Policy in the openeconomy
Chapter 14
• Three generations of currencycrisis models.
Class Notes
•
Textbook(s)/Supplementary Readings
International Money and Finance, 7th edition, Michael Melvin. (required)
International Economics: Theory and Policy, 6th edition, Krugman and Obstfeld.
