Thomas J. O'Brien is Professor and Head of the Finance Department at the University of Connecticut. He is the author and coauthor of several books on financial management and has published numerous articles in professional journals including the Journal of Finance, Financial Management, European Financial Management, and the Financial Analyst's Journal.

• I. FOREIGN EXCHANGE RATES ; 1. Introduction to Foreign Exchange ; 2. Foreign Exchange and Purchasing Power ; 3. Forward Foreign Exchange ; 4. Interest Rates and Foreign Exchange ; II. LONG-TERM FOREIGN EXCHANGE EXPOSURE ; 5. Foreign Exchange Operating Exposure ; 6. Debt and Foreign Exchange Exposure ; 7. Currency Swaps ; 8. Economic Foreign Exchange Exposure ; III. COST OF CAPITAL AND CROSS-BORDER INVESTMENTS ; 9. Global Finance and the Cost of Capital ; 10. Cost of Capital for Overseas Investments ; 11. Accounting for Foreign Investments and Hedging ; 12. Cross-Border Investment Decisions

"This text provides an exciting, fresh approach to international financial management. Masterfully written by a recognized leader in the field, International Financial Economics is unique for its clarity, creativity, and coverage. O'Brien explains the material thoroughly, yet concisely, by relying on economic intuition and artfully weaving together theoretical concepts and fascinating examples. The book will be appealing to a variety of audiences. It is appropriately sophisticated for MBA students, but accessible to undergraduates, and up-to-date for practitioners in finance. I highly recommend this text for anyone seeking answers to the complex problems in international finance."--Reid W. Click, George Washington University