Equilibrium for an Open Economy (3)Thinking and Practice Students should master the effects of macroeconomic policy tools on outpu and the current account and the use of macroeconomic policy tools to maintain full employment (4)Teaching Method Multimedia Teaching:Discussion Chapter 18 Fixed Exchange Rates and Foreign Exchange Intervention (1)Teaching targets and requirements:In reality.the assumption of complete exchange rate flexibility is rarely accurate.A number of developing countries have retained some form of goverment exchange rate fixing.So in this chapter we have to learn something about Fixed Exchange Rates and Foreign Exchange Intervention (2)Teaching Contents 1.Why Study Fixed Exchange Rates? 2.Central Bank Intervention and the Money Supply 3.How the Central Bank Fixes the Exchange Rates 4.Stabilization Policies with a Fixed Exchange Rate 5.Balance of Payments Crises and Capital Flight 6.Managed Floating and Sterilized Intervention 7.Reserve Currencies in the World Monetary System 8.The Gold Standard Knowledge point:Fixed Exchange Rates;Central Bank Intervention; Balance of Payments Crises;Managed Floating:Reserve Currencies,The Gold Standard (3)Thinking and Practice 1.Why the assumption of complete exchange rate flexibility is rarely accurate in reality? 2.How central banks intervene in the foreign exchange market? (4)Teaching Method Multimedia Teaching:Discussion:Case Analysis 思政内容：介绍我国现行汇率制度，解释制度制定的背景，说明我国的制度 安排符合经济发展需要，有力地维护了人民币的稳定，守护了我国经济发展所 取得的成果。 Chapter 19 The International Monetary System,1870-1973 (1)Teaching targets and requirements:The interdependence of open national economies has made it more difficult for governments to achieve full employment and Equilibrium for an Open Economy. （3）Thinking and Practice Students should master the effects of macroeconomic policy tools on output and the current account and the use of macroeconomic policy tools to maintain full employment. （4）Teaching Method Multimedia Teaching；Discussion Chapter 18 Fixed Exchange Rates and Foreign Exchange Intervention （1）Teaching targets and requirements：In reality, the assumption of complete exchange rate flexibility is rarely accurate. A number of developing countries have retained some form of government exchange rate fixing. So in this chapter we have to learn something about Fixed Exchange Rates and Foreign Exchange Intervention. （2）Teaching Contents 1. Why Study Fixed Exchange Rates? 2. Central Bank Intervention and the Money Supply 3. How the Central Bank Fixes the Exchange Rates 4. Stabilization Policies with a Fixed Exchange Rate 5. Balance of Payments Crises and Capital Flight 6. Managed Floating and Sterilized Intervention 7. Reserve Currencies in the World Monetary System 8. The Gold Standard Knowledge point：Fixed Exchange Rates; Central Bank Intervention; Balance of Payments Crises; Managed Floating; Reserve Currencies; The Gold Standard. （3）Thinking and Practice 1. Why the assumption of complete exchange rate flexibility is rarely accurate in reality？ 2. How central banks intervene in the foreign exchange market? （4）Teaching Method Multimedia Teaching；Discussion；Case Analysis 思政内容：介绍我国现行汇率制度，解释制度制定的背景，说明我国的制度 安排符合经济发展需要，有力地维护了人民币的稳定，守护了我国经济发展所 取得的成果。 Chapter 19 The International Monetary System, 1870-1973 （1）Teaching targets and requirements：The interdependence of open national economies has made it more difficult for governments to achieve full employment and