International Finance, 362.
I will be updating this web site, and the course syllabus, periodically.
The main textbook for the course is:
Paul Krugman and Maurice Obstfeld (KO), International Economics,
Theory and Policy, Addison-Wesley, 2000, 5th ed.
Various Readings
Student Email Questions
Exams
Midterm Exam for Fall 1999 362 Class, With Notes for Answers.
Midterm Exam for Winter 2001 362 Class, With Notes for Answers. Stats on Exam.
Midterm Exam for Winter 2002 363 Class, With Notes for Answers.
Final exam for Fall 1999 362 class.
Results for Midterm exam, Winter 2003. The following give a rough indication of the letter score to which a given midterm grade score corresponds.
| Cutoff Points | ||
| A+ | 88 | |
| A | 75 | |
| A- | 69 | |
| B+ | 66 | |
| B | 59 | |
| B- | 52 | |
| C | 40 | |
| C- | 35 | |
| D | 30 | |
| D- | below 30 |
The percent of the students that fall into each category is:
| % of A+ | 10% | |
| % of A | 17% | |
| % of A- | 7% | |
| % of B+ | 10% | |
| % of B | 24% | |
| % of B- | 10% | |
| % of C | 14% | |
| % of C- | 3% | |
| % of D | 0% | |
| % of D- | 3% |
The best way to study for this exam is to study the lectures first. Then, look at the readings to help clarify anything that seems unclear from the lectures. The midterm will cover all the material in the lecture notes, in lectures 1-10, i.e., up to and including the material presented on February 5.
Questions will be a mixture of very short questions (but, no multiple choice), and longer essay. The questions will be less open ended than the homeworks are sometimes. There will be no math problems that require calculators. The test will be closed book.
Lectures:
Lecture 1: Chapter 12 in KO, Economist Magazine Article, International Monetary Fund Report, lecture notes.
Lecture 2: Chapters 12 and 13 in KO, lecture notes.
Lecture 3: Chapter 13 in KO, lecture notes.
Lecture 4: Chapter 14 in KO, lecture notes. (The Economist article by McKinnon - especially the discussion of Figure 1, is relevant.)
Lectures 5 and 6: Chapters 14 and 15 in KO, lecture notes.
Lecture 7: Chapter 15 in KO, lecture notes.
Lecture 8: Chapter 15 in KO, lecture notes.
Lectures 9 and 10: Chapters 15 and 16 in KO, lecture notes.
Lecture 11, lecture notes.
Lecture 12: lecture notes.
Lectures 13 and 14, lecture notes, chapter 17 in KO.
Lecture 15, lecture notes, chapter 17 in KO.
Lecture 16, lecture notes, (suggested additional reading on Turkish Currency Crisis and Korean and Thai Currency Crises).
Lecture 17, lecture notes, Chapter 17 in KO, (suggested additional reading Chicago Fed Letter).
Homeworks:
A homework exercise will be placed on this web site by Wednesday of each week. It is due in the TA's box in the economics department on the following Thursday. (The first week is an exception. The first week's homework is due January 13.)
Homework#1, due Monday January 13, Questions 2, 3, page 321 in Krugman and Obstfeld.
Homework#2, due Thursday, January 16, in box of Riccardo Di Cecio, Questions 5, 6, 8, page 322 in KO.
Homework #3, due Thursday, January 23, in box of Riccardo Di Cecio, Questions 3, 6, 8, 10, pages 351-353 in KO.
Homework #4, due Thursday, January 30, in box of Pablo Guerron, question 1, 4, page 385, question 8, page 386.
Homework #5, due Thursday, February 6, in box of Pablo Guerron: questions 5, 6, 12, 14, 17, at end of chapter 15.
Homework #6, due Friday, February 14, in box of Pablo Guerron, questions 1, 2 and 4, pages 467-468.
Homework #7, due Thursday, February 27, in box of Pablo Guerron, questions 5, 6, 7, 8, 13, page 468.