
This is an international finance course for undergraduate students. We will cover the monetary or macroeconomic side of international economics, such as the determinants of the exchange rate and the effects of monetary policy. The first half of the course will be devoted to the exchange rate and open-economy macroeconomics. In particular, we will learn how the exchange rate is determined. Then, in the last half, we will look at international macroeconomic policy as well as exchange rate policies in developed and developing countries. We will study how policies work, and what kind of policy is desirable.