From June 19 to 20, the College of Finance invited Ma Jun, the tenured professor of economics in Northeastern University in Boston, to give a two-day presentation on international finance to the teachers and students at F215 of SouthScience building. The report was host by Vice Dean Zhang Longyao, and some teachers and students from the College of Finance participated in the lecture.
First of all, Zhang Longyaoon behalf of all teachers and students, extended a warm welcome to prof. Ma Jun. Subsequently, Prof. Ma took the teaching structure of his course in this semester as the starting point and brought out the two major themes of this report. In the lecture on June 19, prof. Ma explained the background and current situation of international finance, the relationship between China's currency market and international finance, the effectiveness of the exchange rate market, the real exchange rate pricing mechanism and the nominal exchange rate pricing mechanism. In the report, combined with the current macro environment, Prof. Ma introduced the theoretical models which are commonly used in international financial research. Through humorous interaction, combined with actual cases, he discussed about economics knowledge with teachers and students.
In June 20, prof. Ma discussed the three aspects of the effectiveness of the exchange rate market, the real exchange rate pricing mechanism and the nominal exchange rate pricing mechanism. First of all, he introduced the RMB exchange rate system and the relationship between onshore and offshore trading markets to introduce the topic of the lecture. Then, he explained the theory of interest rate parity, and expounded the difference between Uncovered Interest Rate Parity and Covered Interest Parity, the real exchange rate pricing mechanism and the nominal pricing mechanism. Finally, prof. Ma summarized the main points and contents of the lecture.The lecture ended with warm applause from teachers and students.
The two-day lectures aroused students' interest in the international finance field, further deepened students' understanding of the current macro-economy and created a strong academic atmosphere for scientific research, which is beneficial to many students.
