1. The Global Macroeconomy 2. Introduction to Exchange Rates and the Foreign Exchange Market 3. Exchange Rates I: The Monetary Approach in the Long Run 4. Exchange Rates II: The Asset Approach in the Short Run 5. National and International Accounts: Income, Wealth, and the Balance of Payments 6. The Balance of Payment I: The Gains from Financial Globalization 7. The Balance of Payment II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run 8. Fixed Versus Floating: International Monetary Experience 9. Exchange Rate Crises: How Pegs Work and How They Break 10. The Euro 11. Topics in International Macroeconomics
"Robert C. Feenstra is Professor of Economics at the University of
California, Davis, USA. He received his B.A. in 1977 from the
University of British Columbia, Canada, and his Ph.D. in economics
from MIT in 1981. Feenstra has been teaching international trade at
the undergraduate and graduate levels at UC Davis since 1986, where
he holds the C. Bryan Cameron Distinguished Chair in International
Economics. Feenstra is a research associate of the National Bureau
of Economic Research, where he directs the International Trade and
Investment research program. He is the author of Offshoring in the
Global Economy and Product Variety and the Gains from Trade (MIT
Press, 2010). Feenstra received the Bernhard Harms Prize from the
Institute for World Economics, Kiel, Germany, in 2006, and
delivered the Ohlin Lectures at the Stockholm School of Economics
in 2008. He lives in Davis, California, with his wife Gail, and has
two grown children: Heather, who is a genetic counselor; and Evan,
who recently graduated from Pitzer College.
Alan M. Taylor is Professor of Economics at the University of
California, Davis, USA. He received his B.A. in 1987 from King's
College, Cambridge, U.K and earned his Ph.D. in economics from
Harvard University in 1992. Taylor has been teaching international
macroeconomics, growth, and economic history at UC Davis since
1999, where he directs the Center for the Evolution of the Global
Economy. He is also a research associate of the National Bureau of
Economic Research and coauthor (with Maurice Obstfeld) of Capital
Markets: Integration, Crisis and Growth (Cambridge University
Press, 2004). Taylor was awarded a Guggenheim Fellowship in 2004
and was a visiting professor at the American University in Paris
and London Business School in 2005–06. He lives in Davis, with his
wife Claire, and has two young children, Olivia and Sebastian.
"
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