This syllabus is a draft. The final syllabus will be distributed the first day of class.
The topics covered are:
Introduction to Foreign Exchange Markets and Risks
The Foreign Exchange Market
Forward Markets and Transaction Exchange Risk
The Balance of Payments
Exchange Rate Systems
International Parity Conditions and Exchange Rate Determinants
Interest Rate Parity
Speculation and Risk in the Foreign Exchange Market
Purchasing Power Parity and Real Exchange Risk
Measuring and Managing Real Exchange Risk
Exchange Rate Determination and Forecasting
Foreign Currency Derivatives
Foreign Currency Futures and Options
Interest Rate and Foreign Currency Swaps