National Taiwan University
College of Management
724 D6020
International Economics
陳思寬 Spring 2001
Room 915 2363-0231 ext.2986

I. International Finance

Reference Books:

Dornbusch, R., Open Economy Macroeconomics, New York, Basic Books, 1980.

Gandolfo, G., International Economics II, 2nd, revised edition, New York: Springer-Verlag, 1995.

Gartner, M., Macroeconomics under Flexible Exchange Rates, London: Harvester Wheatsheaf, 1993.

Grossman, G. M. and K. Rogoff (Eds.), Handbook of International Economics Vol. III, Amsterdam: North-Holland, 1995. (HBGR)

Jones, R.W. and P.B. Kenen (Eds.), Handbook of International Economics Vol. II.,Amsterdam, North-Holland, 1985. (HBJK)

Krugman, P. and M. Obstfeld, International Economics: Theory and Policy, New York: HarperCollins College Publishers, 1997.

van der Ploeg, Frederick (Ed), Handbook of International Macroeconomics, Oxford:Blackwell Publishers, 1994.

Obstfeld, M. and K. Rogoff, Foundations of International Macroeconomics, Cambridge, Mass.: M. I. T. Press, 1996. (FIM)

1. Preliminaries: Balance of Payment Accounts
Dornbusch, Chapter 2.
Krugman-Obstfeld, Chapter 12.
Cooper, R.N., “The Balance of Payments in Review,” Journal of Political Economy, 1966.
Kindleberger, C., “Measuring Equilibrium in the Balance of Payments,” Journal of Political Economy, 1969.

2. Historical Overview: Elasticity Approach, Absorption Approach, Mundell-Fleming Model, Monetary Approach and Asset Approach
Dornbusch, Chapters 3, 4, 5, 6, 7, 10, 11.
Kenen, P., “Macroeconomic Theory and Policy: How the Closed Economy was Opened,”
(HBJK), Chapter 13.
Frenkel, J. and M. Mussa, “Asset Markets, Exchange Rates, and the Balance of
Payments,” (HBJK), Chapter 14.
Branson, W. and D. Henderson, “The Specification and Influence of Asset Market,” (HBJK),Chapter 15.
Bruce, N. and D. Purvis, “The Specification of Goods and Factor Markets in Open Economy Macroeconomic Models,” (HBJK), Chapter 16.
Marston, R., “Stabilization Policies in Open Economies,” (