Unit name | International Finance |
---|---|
Unit code | ECONM2031 |
Credit points | 15 |
Level of study | M/7 |
Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
Unit director | Professor. Hill |
Open unit status | Not open |
Pre-requisites |
None |
Co-requisites |
None |
School/department | School of Accounting and Finance - Business School |
Faculty | Faculty of Social Sciences and Law |
As national economic boundaries have been eroded and the international elements of business have expanded, an understanding of the operation of international financial markets is becoming ever more important. This unit examines the risks and opportunities available within an international environment. It covers the international parity relations, exchange rate determination, international stock markets and the assessment and management of risk.
Having successfully completed this unit students should be able to:
Lectures and workshops
Summative assessment:
Three-hour examination in the Summer term following the course – testing learning outcomes 1-3
The unit is assessed via a three-hour examination in the Summer term. The exams contain a range of discursive questions aimed at testing students’ depth of knowledge of areas such as international financial architecture as well as numerical questions that evaluate students’ ability to derive the theoretical results they have seen. There will also be some questions involving calculation aimed at demonstrating that a student can apply some of the techniques encountered.
Formative assessment:
Solutions to problems set distributed throughout the term – learning outcomes 1-3.
Main text-book:
Required Articles (available via Blackboard):
Additional reading:
Bodie, Kane and Marcus, 2005, ‘Investments’, McGraw Hill International, 6th Edition.