| 回 | 項目 | 内容 |
| 第1回 | Introductory Guidance for the 1st semester | Necessities and recommended items for this class are explained
Be strongly advised to read through the Power Point handouts for the 1st semester and to prepare the homework for the lecture in advance. |
| 第2回 | Determination of Foreign Exchange Rates (1) | Basics of foreign exchange rates (1)
History of exchange rates of ¥ since 1874, and $, ¥, Euro, Yuan, Won, BRICs currencys are to be lectured |
| 第3回 | Determination of Foreign Exchange Rates (2) | Basics of foreign exchange rates (2)
Mechanism of foreign currency transactions such as spot & future transactions, demand & supply of foreign currency, fixed rate & floating rates, advantage & disadvantage on fixed and floating system is to be lectured. |
| 第4回 | Determination of Foreign Exchange Rates (3) | Interest rates and Foreign exchange rates
Interest rate parity hypothesis, flow approach, elasticity approach, absorption approach are to be lectured. |
| 第5回 | Determination of Foreign Exchange Rates (4) | Purchasing power parity hypothesis
Mechanism, history of the invention, and exercise of Purchasing power parity hypothesis are to be lectured, |
| 第6回 | Determination of Foreign Exchange Rates (5) | Foreign exchange rates in the short run
Random walk hypothesis, and asset approach as overshooting model and portfolio approach, and gold standard system are to be lectured, and some culculation exercise are planned. |
| 第7回 | Student Presentation (1) | about Foreign Exchange Rates |
| 第8回 | Student Presentation (2) | about Foreign Exchange Rates |
| 第9回 | Student Presentation (3) | about Foreign Exchange Rates |
| 第10回 | Student Presentation (4) | about Foreign Exchange Rates |
| 第11回 | Research Paper Reading (1) | Topics will be presented to the students in advance
Students are strongly advised to read the paper on Interest Rate Parity Hypothesis in advance. |
| 第12回 | Research Paper Reading (2) | Topics will be presented to the students in advance
Students are strongly advised to read the paper on Purchasing Power Parity Hypothesis in advance. |
| 第13回 | Debate between students | about Research Paper Readings
Students are strogly advised to prepare the topics to debate on at least one hypothesis of foreign exchange determinat theory in advance. |
| 第14回 | Making sure of Student Understanding for the 1st semester | Summarizing the points of this course
Students are strongly advised to prepare questions on foreign exchange rate which had been lecured in the class |
| 第15回 | Summarizing the contents for the 1st semester | Summary for all about this subject |
| 第16回 | Introductory Guidance for the 2nd semester | Necessities and recommended items for this class are explained
Be strongly advised to read through the Power Point handouts for the 2nd semester and to prepare the homework for the lecture in advance. |
| 第17回 | International Capital Mobility and Macro Economy (1) | Fiscal and Monetary Policy (1)
Key words in the International Finace, lift of regulations, Classical Economic model, are Great Depression in 1929 and 2008 are to be lectured. |
| 第18回 | International Capital Mobility and Macro Economy (2) | Fiscal and Monetary Policy (2)
Nixon shock in 1971, Global effects on Fiscal and Monetary Policy, Classical Model vs. Keynes Model, and Impact by fiscal and monetary model are to be lectured. |
| 第19回 | International Capital Mobility and Macro Economy (3) | Fiscal and Monetary Policy (3)
Basics of Fiscal Policy in theory, Fiscal Policy by IS curve, Effect of Fiscal Policy, Basics of Monetary Policy in theory are to be lectured. |
| 第20回 | International Capital Mobility and Macro Economy (4) | Exercise on Mundell- F. Model
Interest rate & GDP, trade balance and GDP, Combined GDP/TB/I, Fiscal Policy and Monetary Policy under Capital Mobility covered by Mundell-Fleming model are to be lectured. |
| 第21回 | Student Presentation (1) | about International Capital Mobility and Macro Economy
Academic paper on Interest rate parity hypothesis is summarised and presented by students. |
| 第22回 | Student Presentation (2) | about International Capital Mobility and Macro Economy
Academic paper on Interest rate parity hypothesis is summarised and presented by students. |
| 第23回 | Student Presentation (3) | about International Capital Mobility and Macro Economy
Academic paper on Purchasing power parity hypothesis is summarised and presented by students. |
| 第24回 | Student Presentation (4) | about International Capital Mobility and Macro Economy
Academic paper on Purchasing power parity hypothesis is summarised and presented by students. |
| 第25回 | Student Presentation (5) | about International Capital Mobility and Macro Economy
Academic paper on Purchasing power parity hypothesis is summarised and presented by students. |
| 第26回 | Sovereign Credit Ratings for Sovereign Bonds (1) | Role and theory of Credit Rating
Risk and return relationship, information effect by credit risk, and evaluation of credit risk information by credit rating agencies are to be lectured. |
| 第27回 | Sovereign Credit Ratings for Sovereign Bonds (2) | Methodology on Credit Rating
Evaluating methodology of government bonds is to be lectured. |
| 第28回 | Debate between students | Topics will be presented to the students in advance
Topics are to be chosen from Fisal and Monetary Policy, and Credit Ratings. |
| 第29回 | Making sure of Student Understanding for the 2nd semester | Summarizing the points of this course
Students are strongly advised to prepare questions on Fiscal and monetary Policy, and Credit ratings which had been lecured in the class |
| 第30回 | Summarizing the contents about 1st & 2nd semester | Summary for all this class |
