International Economics

  1. Foreign Exchange Markets and Exchange Rates
    1. Exchange Rate Fundamentals
      1. Exchange Rate Definitions
        1. Exchange Rate Quotations
          1. Direct and Indirect Quotes
            1. Cross Rates
            2. Types of Exchange Rates
              1. Nominal Exchange Rates
                1. Real Exchange Rates
                  1. Effective Exchange Rates
                  2. Exchange Rate Movements
                    1. Appreciation and Depreciation
                      1. Volatility Measures
                    2. Foreign Exchange Market Structure
                      1. Market Participants
                        1. Commercial Banks
                          1. Central Banks
                            1. Corporations
                              1. Institutional Investors
                                1. Retail Traders
                                2. Market Segments
                                  1. Spot Market
                                    1. Forward Market
                                      1. Futures Market
                                        1. Options Market
                                          1. Swap Market
                                          2. Market Microstructure
                                            1. Trading Mechanisms
                                              1. Bid-Ask Spreads
                                                1. Market Liquidity
                                                  1. High-Frequency Trading
                                                2. Exchange Rate Determination Theories
                                                  1. Purchasing Power Parity
                                                    1. Absolute PPP
                                                      1. Relative PPP
                                                        1. Empirical Testing
                                                          1. PPP Deviations and Explanations
                                                          2. Monetary Models
                                                            1. Flexible Price Monetary Model
                                                              1. Sticky Price Monetary Model
                                                                1. Real Interest Rate Differential Model
                                                                2. Portfolio Balance Models
                                                                  1. Asset Market Approach
                                                                    1. Risk Premium Considerations
                                                                      1. Capital Flow Effects
                                                                      2. Behavioral Models
                                                                        1. Chartist vs Fundamentalist
                                                                          1. Noise Trading
                                                                            1. Herding Behavior
                                                                          2. Interest Rate Parity Conditions
                                                                            1. Covered Interest Rate Parity
                                                                              1. Arbitrage Mechanism
                                                                                1. Empirical Evidence
                                                                                2. Uncovered Interest Rate Parity
                                                                                  1. Forward Rate Unbiasedness
                                                                                    1. Risk Premium
                                                                                    2. Real Interest Rate Parity
                                                                                      1. Fisher Effect
                                                                                        1. Domestic Fisher Effect
                                                                                          1. International Fisher Effect

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                                                                                      3. International Trade Policy

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                                                                                      5. Balance of Payments