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sequences. MIT Press, Cambridge, Massachusetts. ?English Literature 8 ? Setzer, Ralph, 2020, The Politics of Exchange Rates in Developing Countries: Political Cycles and Domestic Institutions. PhysicaVerlag, A Springer Company. ?English Literature 9 ? Krugman, Paul R., and Obstfeld, Maurice, 2020. International Economics: Theory and Policy (6th edition).Pearson Education, Inc. ? Pilbeam (2020) for further reading only. ?Further Reading 10 International Finance Liu, Xiaohui SWUFE 11 ?Introduction I. What Is Finance? ?Allocation efficiency of capital amp。 ?The working of the capital market and the supply and the pricing of capital assets (Stephen A. Ross)。 corporate governance ?Asset pricing or capital market Finance in the Domestic ?Macrofinance Money and Banking, also referred to as Economics of Money, Banking and Financial Markets. In a broader sense, it should be labeled as Moary Economics. ?Introduction 13 International Finance, also labeled as Open Economy Macroeconomics, International Moary Economics, International Macroeconomics, etc., a branch of International Economics. ?Microfinance The same to that abroad, introduced into China ever since 1990s. III. Economics amp。 Supply ?Introduction 14 IV. International Finance What Is It About? ?International moary analysis focuses on the moary side of the international economy, a subfield of International Economics (Krugman and Obstfeld, 2020). ?The simultaneous realization of internal and external balances in an open economy, from the perspective of money and finance (Jiang and Yang, 2020). But in their point of view, International Finance is slightly different from open economy macroeconomics. ?Introduction 15 ?The moary and macroeconomic relations between countries(Gandolfo, 2020, 。 policy coordination ?Introduction 17 Paradigms ?MF and MFD model。 contributors: Mundell (1960。 1964)。 Dornbusch (1976). ?Intertemporal approach to the current account。 contributors: Hamada (1969), etc. ?New open economy macroeics (NOEM) Originator amp。 1996). ?Introduction 18 V. Course Outlines ?Introduction ?Theory of Balance of Payments ?Exchange Rate Economics ?Policies in the Open Economy ?Introduction 19 ?Appendix 20 International Finance Liu, Xiaohui SWUFE 21 ?Introduction I. What Is Finance? ?Allocation efficiency of capital amp。 ?The working of the capital marke