国际金融（双语）教学大纲

教学大纲

International

课程名称:

Finance

目录

一、教学目的和要求................................................................1

二、教学中应注意的问题............................................................1

三、教学内容.......................................................................1

ChapterOneInternationalEconomicsIsDifferent.....................................................................1

ChapterTwo..................................................................................................................................1

ChapterThree................................................................................................................................2

TheForeignExchangeMarketExchangeRate.............................................................................2

ChapterFour..................................................................................................................................2

ForwardExchangeandInternationalFinancialInvestment.........................................................2

ChapterFive................................................................................................................................3

WhatDeterminesExchangeRates?.........................................................................................3

ChapterSix....................................................................................................................................4

GovernmentPoliciestowardtheForeignExchangeMarket.......................................................4

ChapterSeven...............................................................................................................................5

InternationalLendingandFinancialCrisis....................................................................................5

四、教学课时分配表................................................................5

五、教材与参考书目................................................................6

一、教学目的和要求

本课程是为适应山东工商学院国际商学院“面向未来、分类培养、全面育人”的教

育理念和着力培养“国际化、复合化、专业化”国际经贸人才的培养目标而开设的一门

专业核心课程，教学对象为金融学专业本科生。

本课程是金融学专业的核心课程。通过本课程的教学，使学生了解和掌握国际金融的基

本理论、基本操作技巧，以及运用理论分析国际金融领域的相关经济现象，为将来更好

地从事相关工作打下良好的基础。

二、教学中应注意的问题

本课程应该注重理论与现实的紧密结合，讲授内容要求凸显案例教学，力争向学生传授

一些操作性强、运用范围广的理论与原理，重点内容是金融理论的运用，即运用理论分

析国际金融领域的相关经济现象，以及金融市场投融资的操作技巧，从而使学生具有较

强的实践能力。

三、教学内容

ChapterOneInternationalEconomicsIsDifferent

本章教学目的和要求：

Tointroducetherelativeconceptsofinternationalfinance,forinstance,currency

exchangesbetweendifferentcountriesfortradesandinvestments,byfourtypicalevents.

本章教学重点和难点：

Howtomakestudentsunderstandthatdifferenteconomicsindifferentcountriesleads

tocreationofinternationalfinance,o

本章教学内容：

FourEvents:steel,poorworkersinpoorcountries,

theEuro,Argentina(fromdarlingtodelinquent);

Economicsandthenation-state:differentmoneys,differentfiscalpolicies,factor

ability.

ChapterTwo

PaymentamongNations

本章教学目的和要求:

Besuretomastertheconceptssuchasbalanceofpayments,currentaccountbalance,

directinvestments,portfolioinvestment,officialsettlementbalanceetc.andthemethodsto

makeandanalyzeabalanceofpaymentspresentation.

本章教学重点和难点：

Howtomakeandanalyzeabalanceofpaymentspresentation.

本章教学内容：

2.1Twosidestoanyinternationalexchange;

2.2Puttingtheaccounttogether;

2.3Themacroeconomicmeaningofthecurrentaccountbalance;

2.4Themacromeaningoftheoverallbalance;

2.5TheInternationalinvestmentposition

ChapterThree

TheForeignExchangeMarketExchangeRate

本章教学目的和要求：

Tomakestudentsmastertheconceptssuchasexchangerate,arbitrage,etc,andthe

structureandfunctionoftheforeignexchangemarket,andthedemandandsupplyforforeign

exchange,andthemethodstoarbitragewithinthespotexchangemarket.

本章教学重点和难点：

Thedemandandsupplyforforeignexchange,andthemethodstoarbitragewithinthe

spotexchangemarket.

本章教学内容：

3.1Thebasicsofcurrencytrading:usingtheforeignexchangemarket,Interbank

foreignexchangetrading;

3.2Demandandsupplyforforeignexchange:Floatingexchangerates,Fixedexchange

rates,Currentarrangements;

3.3Arbitragewithinthespotexchangemarket

ChapterFour

ForwardExchangeandInternationalFinancialInvestment

2

本章教学目的和要求：

Tomakestudentsmastertheconceptssuchasexchangeraterisk,arbitrage,hedging,

speculating,coveredinterestparity,uncoveredinterestparity,etc,andtheirformativecauses,

law,andoperationmethods.

本章教学重点和难点：

Howtohedgeorspeculatebyusingforwardforeignexchangecontractandhowto

understandcoveredinterestparityanduncoveredinterestparity.

本章教学内容：

4.1Exchangeraterisk;

4.2Themarketbasicsofforwardforeignexchange

Hedgingusingforwardforeignexchange,Speculatingusingforwardforeignexchange;

Internationalfinancialinvestment;Internationalinvestmentwithcover:Coveredinterest

arbitrage,Coveredinterestparity;

4.3Internationalinvestmentwithoutcover;

4.4Doesinterestparityreallyhold?

empiricalevidence:Evidenceoncoveredinterestparity,Evidenceonuncoveredinterest

parity,Evidenceonforwardexchangerates,Evidenceonexpectedfuturespotexchange

rales.

ChapterFive

WhatDeterminesExchangeRates?

本章教学目的和要求：

Tomakestudentsmastertheconceptssuchasthelawofoneprice,andthetheories

suchaspurchasingpowerparity,themonetaryapproachandexchangerateovershooting,

includingtheircontent,conclusion,law,andadvantagesanddisadvantages.

本章教学重点和难点：

Howtounderstandthelawofthesetheoriesandusethemtoexplainsomeactual

economicphenomena.

本章教学内容：

5.1Aroadmap;

3

5.2Exchangeratesintheshortrun

Theroleofinterestrates,Theroleoftheexpectedfuturespotexchangerate;

5.3Exchangeratesinthelongrun

Purchasingpowerparity:Thelawofoneprice,Absolutepurchasingpowerparity,Relative

purchasingpowerparity;

Thelongrun:Themonetaryapproach:Money,price,levels,andinflation,MoneyandPPP

combined,Theeffectofmoneysuppliesonanexchangerate,Theeffectofrealincomesonan

exchangerate;

5.4Exchangerateovershooting;Howwellcanwepredictexchangerales?

ChapterSix

GovernmentPoliciestowardtheForeignExchangeMarket

本章教学目的和要求：

Tomakestudentsmastertheconceptssuchasfloatingexchangerate,fixedexchange

rate,exchangecontrol,etc,andthecontentandmethodsofexchangecontrol,andthe

evolutionofinternationalmonetarysystem.

本章教学重点和难点：

Howtodefensefixedexchangeratethroughofficialinterventionandmakeexchange

control.

本章教学内容：

6.1Twoaspects:rateflexibilityandrestrictionsonuse;

Floatingexchangerate,Fixedexchangerate:Whattofixto?Whentochangethefixedrate?

Defendingafixedexchangerate;

6.2Defensethroughofficialintervention

Defendingagainstdepreciation.Defendingagainstappreciation.Temporarydisequilibrium,

Disequilibriumthatisnottemporary;

Exchangecontrol;Internationalcurrencyexperience:TheGoldStandardEra,1870-1914

(OneVersionofFixedRates),

Intcrwarinstability,

6.3TheBrettonWoodsEra

1944-1971(AdjustablePeggedRates),Thecurrentsystem：limitedanarchy.

4

ChapterSeven

InternationalLendingandFinancialCrisis

本章教学目的和要求：

Tomakestudentsmasterthedevelopmentofinternationallendingtodeveloping

countriesandtheformativecauses,characteristicsandharmsofinternationalfinancialcrisis.

本章教学重点和难点：

Theformativecauses,characteristicsandharmsofinternationalfinancialcrisis.

本章教学内容：

7.1Gainsandlossesfromwell-behavedinternationallending;

7.2Taxesoninternationallending;

7.3Internationallendingtodevelopingcountries;

7.4Financialcrisis:Whatcananddoesgowrong?

7.5Resolvingfinancialcrises;Reducingthefrequencyoffinancialcrises.

四、教学课时分配表

教学课时分配表

辅导练习

章次章节名称总计课时授课课时

课时

1ChapterOne22

InternationalEconomicsIsDifferent

2ChapterTwo66

PaymentamongNations

3ChapterThree88

TheForeignExchangeMarket

ExchangeRate

4ChapterFour871

ForwardExchangeandInternational

FinancialInvestment

5ChapterFive88

WhatDeterminesExchangeRates?

6ChapterSix1091

5

GovernmentPoliciestowardtheForeign

ExchangeMarket

7ChapterSeven661

InternationalLendingandFinancialCrisis