Analyze the effect of the terms of trade and other macroeconomic conditions on international monetary flows through FX markets and their effect on relative prices.

Optional Materials

https://saylordotorg.github.io/text_international-finance-theory-and-policy/ (open source)

International Finance 5th Edition, Maurice Levi ISBN: 9780415774598

For Macro Theory Review Purposes:

Macroeconomics Theories and Policies, 9th Edition, Richard Froyen ISBN: 978-0-13-600155-3

Macroeconomics, 4th Edition, Stephen Williamson ISBN: 978-0-13-136873-6

Macroeconomics: Policy and Practice Frederic Mishkin ISBN: 978-0-32-143633-7

Additional course readings and media are available within HuskyCT, through either an Internet link or Library Resources

Course Description

This course is a study and discussion of the following broad topics: Payments and financing of international trade, foreign exchange markets, the balance of payments, capital flows, and international monetary arrangements.

Course Objectives

By the end of the semester, you should be able to:
Analyze the effect of the terms of trade and other macroeconomic conditions on international monetary flows through FX markets and their effect on relative prices.

Apply the framework of macroeconomic (e.g. balance of payments) and financial theories (e.g. arbitrage) developed in class to current or hypothetical international changes.

Evaluate FX hedging strategies for both investments and supply chains.

Last Completed Projects