| Jim Whitney | Economics 311 |
Economics 311: International Economics
Course schedule: IVA. The foreign sector
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| Dates: | Mar.29-Apr.12 |
| Topic: | IV. Macroeconomic Activity in a Global Economy
IVA. The Foreign Sector |
| Readings: | Text: 15; 16; 18; 17; 19 (pp.380-386, 388-389) |
| Deadlines: | Apr.16: Problem Set 5 due
QWizPlus unit IVA due |
| IV: Macroeconomic Activity in a Global Economy
IVA. The Foreign Sector |
|
| Day 26,29: | IVA1. National income and international transactions |
| Readings: | Text: Chapter 15 |
| Handouts: | Examples of international transactions |
| IVA2. Foreign exchange markets | |
| Day 30: | IVA2a. Exchange rates |
| Readings: | Text: 16 |
| Handouts: | Exchange rates
Exchange rate trends |
| Day 31: | IVA2b. The purchasing power approach to exchange rates |
| Readings: | Text: 18 |
| Handouts: | Evidence regarding purchasing
power parity
Purchasing power parity? Evidence from U.S. data |
| Day 32: | IVA2c. The asset market approach to exchange rates
IVA2d. Exchange rates and competitiveness |
| Readings: | Text: 17; 19 (pp.380-386, 388-389) |
| Handouts | The interest parity condition
Combining IPC and PPP |