1. International Finance Day 1 Dr. Andrew L. H. Parkes “An International Understanding for use in Business” 卜安吉

2. September 8, 2009International Finance, Day 12 Syllabus and Our Course The syllabus provides an outline of what we will cover during the term: Chapters 1 and 12 through 18 of the textbook. The syllabus provides an outline of what we will cover during the term: Chapters 1 and 12 through 18 of the textbook. This week we will cover Chapters 1 and 12. This week we will cover Chapters 1 and 12. The required textbook

3. September 8, 2009International Finance, Day 13 Lectures and Practice Problems Lectures: 4 hours per week I will introduce the new material to you. Lectures: 4 hours per week I will introduce the new material to you. Practice Problems: We will do assignments from my slides and from the textbook. Practice Problems: We will do assignments from my slides and from the textbook. You will have to prepare assignments for every class; there is NO class without homework. You will have to prepare assignments for every class; there is NO class without homework. You will do all of your own work during the course. Copied assignments will be given 0 marks. You will do all of your own work during the course. Copied assignments will be given 0 marks. Notice you must have access to WSJ, FT (also investopedia.com – Forbes, etc.). Notice you must have access to WSJ, FT (also investopedia.com – Forbes, etc.). Keep up to date with Economics related issues

4. September 8, 2009International Finance, Day 14 Grading Mid-term test - 20% Mid-term test - 20% Final Exam - 50% Final Exam - 50% Homework - 20% Homework - 20% Quizzes - 10% Quizzes - 10% Total - 100% Total - 100%

5. September 8, 2009International Finance, Day 15 Global Economics (Ch. 1) Macroeconomics and Microeconomics are Required to understand this coursr Macroeconomics and Microeconomics are Required to understand this coursr Definitions: You know MANY of these already! Definitions: You know MANY of these already! Real GDP, CPI, GDP deflator, Unemployment rate, … Real GDP, CPI, GDP deflator, Unemployment rate, …

6. September 8, 2009International Finance, Day 16 SEE MY WEBSITE: andrewparkes.com 1. Often and regularly 2. Kept ahead of class 3. Links and PPT 4. Other information Like this => Like this => Total Public Debt Outstanding $ 9,139,880,193,861.9411/29/2007 $ 9,668,194,123,052.309/4/2008

7. September 8, 2009International Finance, Day 17 Yuan trades at what rate today? See my website for articles we discuss! See my website for articles we discuss! Three Goals of any MACROECONOMY Three Goals of any MACROECONOMY –Full Employment – Unemployment Rate –Economic Growth – REAL GDP –Price Stability - CPI –KNOW what real GDP and CPI mean

8. September 8, 2009International Finance, Day 18 U. S. Real GDP 2000 - 2007 Forecast 3 rd Qtr. 2.5% growth 4 th ….6%?

9. September 8, 2009International Finance, Day 19 Prices of Gross Domestic Purchases 2000 - 2007

10. September 8, 2009International Finance, Day 110 G-20 The Group of 20, or G-20, is an international body that meets to discuss economic issues. Its members -- 19 countries with some of the world's biggest industrial and emerging economies, plus the European Union -- represent about 90 percent of the world's gross national product, 80 percent of world trade (including trade within the European Union) and two-thirds of the global population. The Group of 20, or G-20, is an international body that meets to discuss economic issues. Its members -- 19 countries with some of the world's biggest industrial and emerging economies, plus the European Union -- represent about 90 percent of the world's gross national product, 80 percent of world trade (including trade within the European Union) and two-thirds of the global population. http://topics.nytimes.com/top/reference/timestopics/organizations/g/group_of_20/index.html?inline=nyt-org

11. September 8, 2009International Finance, Day 111 G-20 Members The member countries are Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey and the United States. The European Union is also a member, represented by the rotating council presidency and the European Central Bank. The member countries are Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey and the United States. The European Union is also a member, represented by the rotating council presidency and the European Central Bank. http:// topics.nytimes.com/top/reference/timestopics/organizations/g/group_of_20/index.html?inline=nyt-org

12. September 8, 2009International Finance, Day 112 KNOW WHO THE FED IS!?! See my website if you need more info … See my website if you need more info … –PPT from week 2 or 3 Intro –U.S. Macroeconomic Sites People’s Bank of China People’s Bank of China –Website is available from mine –Know who they are and what they do! –These are the most important financial institutions in this class!

13. September 8, 2009International Finance, Day 113 Where is THIS?