Document Type

Graduate Syllabus


Fall 2008



Course Number

DIPL 6156

Course Description

This course provides an overview of international financial economics and open economy macro by introducing fundamental concepts. Topics include gains from financial integration, determinants of exchange rates, macroeconomic policy, exchange rate regime choice, and currency crisis. After taking this course, you will be familiar with the evolutions of debates surrounding financial aspect of international relations.

The goal of this course is beyond acquiring factual knowledge. I expect that you will understand important concepts including their grounds and bases, which is a good training to improve your analytical skills. While fragmented knowledge is easily forgotten after the semester, well-grounded discussions tend to be firmly established in our minds. My hope is that you will be equipped with solid tools to explain your opinion on issues related to international capital markets and policy measures to be taken under the globalization in various opportunities.