This is a course in international monetary economics, which includes the connection between the exchange rates and international macroeconomic policies. The subject of international finance draws its importance from the consequences of worldwide economic policies on a country economy's main outcomes (Employment, National Saving, Trade Balance and Price levels and Money). The course divided into three parts: The first part of the course will present several theories of exchange rate, and the second part will help you gather these theories into an overall analytical framework. The third part will challenge you to employ this analytical framework to real-world applications, and try to link the global financial crisis and the climate change issue. Provide students an up-to-date and understandable analytical framework for revealing current events. Help them grasp and retain the underlying logic of international finance through six to seven sections; first section we will talk about the national income accounts an d balance of payments, second section will be about the asset approach of exchange market and foreign exchange market, third section is about money market and inflation and exchange rate dynamics. In the fourth section the student will try to explore the causes of the fluctuations in exchange rate in long and short runs periods. The fixed exchange rates system will be introduced in section five. And finally in sixth section we will discuss the international macroeconomic policy and try to connect the causes of financial crisis with the most contemporary issue the climate change and their interaction.