國際金融學
International Finance
王友利 老師
Prof. Yu-Li Wang
Spring 2026
Objective
Events in international monetary and financial markets affect not only individual
countries but also broader regions. As globalization deepens, knowledge of
international finance has become increasingly important in the modern economy. This
course aims to cover key topics in international finance, including foreign exchange
markets, exchange rate theories, exchange rate regimes, the balance of payments, and
economic policy within an open-economy framework. The course is designed to
provide students interested in advanced study with a solid foundation in open-economy
macroeconomics. In addition, for students pursuing careers in global business, it offers
essential analytical tools for future business and investment decision-making.
Textbook
International Economics: Theory and Policy, 12th edition, by Paul R. Krugman,
Maurice Obstfeld, and Marc J. Melitz, Addison Wesley, Pearson Global Edition.
Class Requirements and Grading Policy
Students are expected to attend all classes regularly and to participate actively in class
activities. The instructor will assign homework, administer examinations, and take
attendance periodically. Late submission of homework will not be accepted.
The prescribed textbook is not intended to be the sole source of learning for this
course. Students are expected to supplement the textbook by taking comprehensive
class notes and by consulting additional resources, including academic journal
articles, newspapers, magazines, and relevant websites.
Each student is required to deliver at least one presentation on a topic related to
international finance during the course. Presentations may be conducted individually
or in groups and will constitute 10% of the final course grade. Students are
encouraged to utilize appropriate cutting-edge AI tools to enhance their learning and
course performance. General course performance, including the effective application
of AI tools, will account for 30% of the final grade.
Assessment will consist of one midterm examination (30%) and one final examination
(30%). Any form of cheating or academic misconduct will result in an automatic
failure of this course.
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國際金融學
International Finance
王友利 老師
Prof. Yu-Li Wang
Spring 2026
Class Meeting Time and Place
Friday 9:10 a.m. ~ 12:00 p.m., Classroom B109, Humanities and Social Sciences
Building II.
Office Hours
Thursday 2:00 ~ 4:00 p.m., or by appointment.
Room D409, Humanities and Social Sciences Building I.
Phone: (03)8905543
E-Mail: yw9m@gms.ndhu.edu.tw
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國際金融學
International Finance
王友利 老師
Prof. Yu-Li Wang
Spring 2026
Course Outline
This is just the tentative schedule. I reserve the rights to add or drop some of the
materials.
Week
1
Feb. 27
National Holiday
No Class
2
Mar. 6
National Income Accounting and the Balance of
Payments
Ch13
3
Mar. 13
National Income Accounting and the Balance of
Payments
Ch13
4
Mar. 20
Exchange Rates and the Foreign Exchange Market:
An Asset Approach
Ch14
5
Mar. 27
Exchange Rates and the Foreign Exchange Market:
An Asset Approach
Ch14
6
Apr. 3
Spring Break
No Class
7
Apr. 10
Money, Interest Rates, and Exchange Rates
Ch15
8
Apr. 17
Money, Interest Rates, and Exchange Rates
Ch15
9
Apr. 24
Midterm Examination
10
May 1
Labor Day
11
May 8
Price Levels and the Exchange Rate in the Long Run Ch16
12
May 15
Output and the Exchange Rate in the Short Run
Ch17
13
May 22
Output and the Exchange Rate in the Short Run
Ch17
14
May 29
Fixed Exchange Rates and Foreign Exchange Intervention Ch18
15
Jun. 5
International Macroeconomic Policy: Selected Topics
Date
Topics
Notes
No Class
The International Monetary Systems
Ch19
Class Presentation and Discussion
16
Jun. 12
Final Examination
17
Jun. 19
Dragon Boat Festival
18
Jun. 26
Alternative Curriculum
No Class
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