| 回 | 項目 | 内容 |
| 第1回 | Introductory Guidance | Necessities and recommended items for this class are explained. Be strongly advised to read through the Power Point handouts 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 | Risk and Derivatives (1) | General concept of Risk and Derivatives, and Forward Trading in a foreign exchange market are lectured |
| 第8回 | Risk and Derivatives (2) | Call Option, and Put Option are to be lectured and answer to the questions(1) and (2). |
| 第9回 | Risk and Credit Rating | Mechanism and relationship between Credit Risk and Risk Premium are lectured. |
| 第10回 | Student Presentation (1) | Student Presentations are prepared on Foreign Exchange Rate Determinarion based on the handed out materials and the text book. |
| 第11回 | Student Presentation (2) | Student Presentations are prepared on Foreign Exchange Rate Determinarion based on the handed out materials and the text book. |
| 第12回 | Student Presentation (3) | Student Presentations are prepared on Foreign Exchange Rate Determinarion based on the handed out materials and the text book. |
| 第13回 | Student Presentation (4) | Student Presentations are prepared on Foreign Exchange Rate Determinarion based on the handed out materials and the text book. |
| 第14回 | Student Presentation (5) | Student Presentations are prepared on Risk and Derivatives, and Risk and Credit Rating based on the handed out materials and the text book. |
| 第15回 | Summarizing the contents for this course | Summary for all this subject |
