Class Session on:

Read, Attend and Be Prepared to Discuss or Do:

Monday, Jan. 21

A.M. (beginning at 9:00) Introduction of Instructor and Students in Palmer Hall Classroom 128. 

Overview of International Finance and the Instructional Materials

1:30 P.M.  Exposure of Students to Key Web Sites and other Research Guides, Tutt Library Computer Lab # 1, South Basement.

Tuesday, Jan. 22

Salvatore, Chap. 1: Introduction 

Salvatore, Chap. 21: International Monetary System: Past, Present, and Future

 Video: “Fixed vs. Floating Exchange Rates.”

 1:30 P.M. Individual Work on Web Sites in Dept. Computer Lab, Palmer 106

Wednesday, Jan. 23

Salvatore, Chap. 13: Balance of Payments

Eichengreen, Chap. 1: Introduction

1:30 P.M. Tutorial on Balance of Payments Accounts and further Individual Work on Web Sites in Computer Lab

Thursday, Jan. 24

Salvatore, Chap. 14: Foreign Exchange Markets and Exchange Rates (omit Appendix)

Eichengreen, Chap. 2: Policy Options

1:30 P.M. Tutorial on Diagramatic Techniques

Friday, Jan. 25

Salvatore, Chap. 15: Exchange Rate Determination (omit Appendix)

Eichengreen, Chap. 3: Prerequisites for International Monetary Stability

Monday, Jan. 28

Salvatore, Chap. 16: The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates (omit Appendix)

Eichengreen, Chap. 4: Evidence from the Historical Record

1:30 P.M. Tutorial on Diagramatic Depictions of Exchange Rate Theory

Tuesday, Jan. 29

Salvatore, Chap. 17: The Income Adjustment Mechanism and Synthesis of Automatic Adjustments (omit Appendix)

Eichengreen, Chap. 5: The Challenge of Deep Integration

Eichengreen, Chap. 6: The Optimum Currency Dilemma

1:30 P.M. Tutorial on International Adjustment Mechanisms

Wednesday, Jan. 30

Eichengreen, Chap. 7: European Prospects

Eichengreen, Chap. 8: Options for the Rest of the World

Eichengreen, Chap. 9: Conclusions and Comments

1:30 P.M. Video: "The History of the European Monetary System"

Thursday, Jan. 31

Submission of Tentative Research Paper Topic Together with Preliminary Outline

Review of Readings and Class Sessions

1:30 P.M.  Pre-exam Tutorial (Optional)

Friday, Feb. 1

9:00 A.M.  Mid-Block Exam

Monday, Feb. 4

Brothers, “Financial Sector Planning and Mexico’s New Development Strategy,” 1990

Brothers, “Financial Management Aspects of Macroeconomic Policy Implementation: A Case Study on Experiences in Kenya, 1980-1985,” 1989

1:30 Video: “The Bank and the Fund: A Half Century Later” and “IMF Prescription for Sick Economies”

Tuesday, Feb. 5

Salvatore, Chap. 18: Open-Economy Macroeconomics: Adjustment Policies (omit Appendix)

Video: “Managing Currencies and Policy Coordination”

1:30 P.M. Tutorial on Diagramatic Representation of Adjustment Policies

Wednesday, Feb. 6

Salvatore, Chap. 20: Flexible Versus Fixed Exchange Rates, The European Monetary System, and Macroeconomic Policy Coordination (omit Appendix)

1:30 P.M.  Tutorial on Graphical Depiction of International Financial Policy Coordination

Thursday, Feb. 7

Submission of Definitive Statement of Research Paper Topic, together with Detailed Outline

Reconsideration of Salvatore, Chap. 21: The International Monetary System: Past, Present and Future. 

1:30 P.M. Pre-exam Tutorial (Optional)

Friday, Feb. 8

9:00 A.M. End of Block Exam

Monday, Feb. 11

Discussion of Exam Results, Q&A on Research Paper and Course Notebook Assignments

Video: “International Monetary Fund: Financial Cure or Catastrophe?”

Tuesday, Feb. 12

Submission of Research Paper and Course Notebook by 3:00 P.M.

Wednesday, Feb. 13

Final Class for Review and Appraisal of the Course