Economics (ECON) 476

Overview

This course, International Finance, which is relatively broad in scope, should provide you with a firm grasp of the topical issues in the world of international finance. The course is divided into nine units, with each unit serving a distinct purpose, and covering topics that range from balance of payments to economic policies to the International Monetary System.

Outline

The course material is divided into nine study units. These units are as follows:

Unit 1: The Balance-of-Payments Accounts

Unit 2: The Foreign Exchange Market

Unit 3: The Monetary and Portfolio Approaches to External Balance

Unit 4: Price Adjustments and Balance-of-Payments Disequilibrium

Unit 5: Economic Policy under Fixed Exchange Rates

Unit 6: Economic Policy under Flexible Exchange Rates

Unit 7: Aggregate Demand and Aggregate Supply in the Open Economy

Unit 8: The Choice of Fixed or Flexible Exchange Rates

Unit 9: The International Monetary System

Evaluation

Your final grade in ECON 476 will be based on your performance on three quizzes, two assignments, and a final examination. The passing grade for the Final Examination is 50 percent. To receive credit for ECON 476, you must achieve an overall course grade of at least “D” (50 percent). The weighting of each assessment activity is indicated in the table below.

Quiz 1	Quiz 2	Assign 1	Quiz 3	Assign 2	Final Exam	Total
5%	5%	15%	5%	15%	55%	100%

To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.