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