|
Class Meeting session and Days |
Topics
|
Projects
and other Deadlines |
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Session 1
June 1 |
Chapter 1: The World of International
Finance (Slides) |
Read Chapter 1 before class.
Read article "Why trade is good for you," from Media
Articles page.
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|
Session 2
June 6 |
Chapters 2, 3: The Markets for
Foreign Exchange (Slides)
Chapter 4: Options and Futures Markets (Slides) |
Read Chapters 2, 3 and 4.
Read article "Outsourcing 101" from Media
Articles page.
Read Chapter 1 of Millman Read article, "Foreign investment
in China's banks" from The Economist of September 1, 2005 (see
Media Articles page)
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Session 3
June 8 |
Test 1 (based on Chapters 1-4)
Chapter 5, 6: The Determination of Exchange Rates (Slides)
Determination of Exchange Rates --
Foreign Exchange Market Intervention
|
Read Chapters 5 and 6; we
will not go over Chapter 5 in any detail. However, you will find
Chapter 5 very useful preparation to understand the material.
Read article from WSJ, June 7 on the dollar (you can find it on
Blackboard under Documents). |
|
Session 4
June 13 |
Chapters
7, 8: The Fundamental International Parity Conditions (Slides)
Additional Slides on PPP/IRP |
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Session 5
June 15 |
Test 2 (based on Chapters 5-8)
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Session 6
June 20 |
Chapter
9: Foreign Exchange Exposure and Risk (Slides)
Chapter 10: Accounting Exposure versus Real Exposure (Slides)
Chapter 11: Operating Exposure (Slides)
Additional slides: Measuring
and Managing Translation and Transaction Exposure
|
Read
Chapter 10, 11
Read "Strong Euro Bedevils EU Firms: Despite Currency Drop,
Companies Struggle to Stay Competitive"
Read "Why Dollar Can't Close Gap: Trade Within Multinationals
Saps Benefit of Weaker Currency." (see Media
Articles page)
|
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Session 7
June 22 |
Chapter
12: Hedging Exposure (Slides)
Additional Slides: Measuring and
Managing Economic Exposure |
Read
Chapter 12
Read "Weaker Dollar Causes Toyota's Profit to Slip" |
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Session 8
June 27 |
GM: Competitive Exposure Case
|
Case
due at the beginning of class |
|
Session 9
June 29 |
Chapter
16: Capital Budgeting for Foreign Investments (Slides)
|
Read
Chapter 16
|
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Session 10
July 6 |
Capital
Budgeting Case
|
Case
due at the beginning of class |
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Session 11
July 11 |
Test 3 (Chapters 9-11 and 16)
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