SemesterSpring Semester, 2025
DepartmentThe International Master Program of Applied Economics and Social Development (IMES) , First Year The International Master Program of Applied Economics and Social Development (IMES) , Second Year
Course NameContemporary Issues on International Financial Markets
InstructorCHU SHIOU-YEN
Credit3.0
Course TypeElective
Prerequisite
Course Objective
Course Description
Course Schedule

Tentative Lecture Schedule:



 




























































































































Week



Topic



Content and Reading Assignment


 
 

1 (2/20)



Introduction



-


 

2 (2/27)



Understanding Interest Rates



Mishkin (Ch 4)


 

3 (3/6)



The Behavior of Interest Rates



Mishkin (Ch 5)


 

4 (3/13)



The Risk and Term Structure of Interest Rates



Mishkin (Ch 6)


 

5 (3/20)



National Income Accounting and the Balance of Payments



KOM (Ch 13)


 

6 (3/27)



Exchange Rates and the Foreign Exchange Market: An Asset Approach



KOM (Ch 14)


 

  7 (4/3)



Spring Break (No class)



 


 

8 (4/10)



Money, Interest Rates, and Exchange Rates



KOM (Ch 15)


 

9 (4/17)



Midterm week (Term paper reference due)



Money, Interest Rates, and Exchange Rates



KOM (Ch 15)


 

10 (4/24)



Price Levels and the Exchange Rate in the Long Run 



KOM (Ch 16)


 

11 (5/1)



Price Levels and the Exchange Rate in the Long Run 



KOM (Ch 16)


 

12 (5/8)



Fixed Exchange Rates and Foreign Exchange Intervention



KOM (Ch 18)


 

13 (5/15)



Fixed Exchange Rates and Foreign Exchange Intervention



KOM (Ch 18)


 

14 (5/22)



International Monetary Systems



KOM (Ch 19)


 

15 (5/29)



International Monetary Systems



KOM (Ch 19)


 

16 (6/5)



Financial Globalization



KOM (Ch 20)


 

17 (6/12)



Flexible learning week (Term paper due)



-


 

18 (6/18)



Flexible learning week



-


 


                    


Teaching Methods
Teaching Assistant

None.


Requirement/Grading

  • Your grade will be determined by several problem sets/assignments (50%), an in-class presentation (30%) and 1 term paper (20%). More details regarding the presentation and final project will be released during class. Students are encouraged to collaborate on assignments, but each must submit his/her own work. Some assignments require individual classroom demonstrations.


Textbook & Reference

 



Krugman, P., Obstfeld, M. and Melitz, M. (2022). International Economics Theory and Policy (12th edition), 華泰文化.



Mishkin, F. (2022). The Economics of Money, Banking, and Financial Markets (13th edition), 華泰文化. 


Urls about Course
Attachment