國際金融

臺北科技大學 115-1 學期課程，課號 366649。

課程大綱

This course provides the introduction to the workings of the foreign exchange markets, the impact of economic policy on exchange rates, the nature of foreign exchange risk, and the effects of various international economic policies on domestic and world welfare. The course content will include balance of payments, determination of foreign exchange rates, and international monetary system, and cover the following topics: foreign exchange market; the interest rate parity theorem; exchange rates and inflation; purchasing power parity; balance of payments and national income accounting; the determination of the exchange rate. In addition, we focus on how multinational corporations manage their exchange rate risk, and how they make sound investment and financing decisions factoring exchange rate fluctuations.

課程進度

Week 1. Chapter 1 Exchange Rates and the Foreign Exchange Market Week 2. Chapter 1 Exchange Rates and the Foreign Exchange Market Week 3. Chapter 2 Interest Rate Parity and Model of Foreign Exchange Markets Week 4. Chapter 2 Interest Rate Parity and Model of Foreign Exchange Markets Week 5. Chapter 3 Money, Interest Rates, and Exchange Rates Week 6. Chapter 3 Money, Interest Rates, and Exchange Rates Week 7. Chapter 4 Price Levels and the Exchange Rate in the Long Run Week 8. Chapter 5 Output and the Exchange Rate in the Short Run (DD-AA Model) Week 9. Chapter 5 Output and the Exchange Rate in the Short Run (DD-AA Model) Week 10. MIDTERM EXAM Week 11. Chapter 6 Fixed Exchange Rates and Foreign Exchange Intervention Week 12. Chapter 6 Fixed Exchange Rates and Foreign Exchange Intervention Week 13. Chapter 7 Macroeconomic Policy in Open Economy Week 14. Chapter 8 Technical Analysis of Forex Markets: Charts, Patterns and Indicators Week 15. Chapter 8 Technical Analysis of Forex Markets: Charts, Patterns and Indicators Week 16. FINAL EXAM

評量方式

Attendance/Participation, Class Discussion and Homework Assignments 20% Forex trading practice in operations (By using Trading Platform and hand in Forex Investment Report) 30% Mid-term Exam 20% Final Exam 30%

教材

【遵守智慧財產權觀念，請使用正版教科書，不得使用非法影印教科書】 使用外文原文書：是 Paul Krugman and Maurice Obstfeld (2024), International Economics: Theory and Policy, 11h Edition, Pearson-Addison-Wesley.