SemesterFall Semester, 2023
DepartmentJunior Class A, Department of International Business Junior Class B, Department of International Business Senior Class A, Department of International Business Senior Class B, Department of International Business
Course NameInternational Investment
InstructorFU YEE-TIEN
Course TypeElective
PrerequisiteEconomic Analysis、Economics、Intro Microeconomics、Introduction to Economics、Introduction to Economics(ENG)、Principle of Economics,Corporate Finance and Risk Management、Financial Investment & Pricing、Investment、Investment Finance、Investment in Equities、Investment Management、Investment Theory、Investments、Macroeconomy and Investments、Principles of Investment、Theory of Investment
Course Objective
Course Description
Course Schedule

Please see the attached.

Teaching Methods
Teaching Assistant



Please see the attached.

Textbook & Reference

Required Textbooks for 2023-2024

Required Textbook One: Nobel Prize-winning economist Paul Krugman, renowned researcher Maurice Obstfeld, and Marc Melitz of Harvard University, International Economics, Twelfth Global Edition, ISBN 9781292214948.

Published date 2023, either printed copy or e-text (in pdf)


13. National Income Accounting and the Balance of Payments

14. E9781107111820xchange Rates and the Foreign Exchange

Market: An Asset Approach

15. Money, Interest Rates, and Exchange Rates

16. Price Levels and the Exchange Rate in the Long Run

17. Output and the Exchange Rate in the Short Run

18. Fixed Exchange Rates and Foreign Exchange Intervention

19. International Monetary Systems: An Historical Overview

20. Financial Globalization: Opportunity and Crisis

Required Textbook Two: Geert Bekaert, and Robert Hodrick of Columbia University, International Financial Management Third Edition, ISBN 9781107111820.  Published date 11/2017, either printed copy or e-text.  Will cover Parts III, IV, and VI.

Part III. International Capital Markets (three classes)

11. International debt financing

12. International equity financing

13. International capital market equilibrium

14. Country and political risk

Part IV. International Corporate Finance (three classes)

15. International capital budgeting

16. Additional topics in international capital budgeting

17. Risk management and the foreign currency hedging decision

Part VI. Foreign Currency Derivatives (two classes)

20. Foreign currency futures and options

21. Interest rate and foreign currency swaps


Recommended Textbooks:

Brauo Solnik, Global Investing, 6th edition.

Richard Levich, International Financial Markets, Second Edition.


Software: Analytic Solver,

Urls about Course

112_1 Syllabus of International Investments for Undergraduate Students 112_1.pdf