INTERNATIONAL FINANCE

Course Description

This course covers the theory and practice of international finance at our time. It covers the instruments, practices and institutions of the international financial system with close reference to the relevant theories and current issues. The aim of the course is to familiarize the students with the theoretical, practical and institutional aspects of the current practice of international finance. On successful completion of this course, all students will have developed knowledge and understanding: Global Financial Environment, Globalization process, The International Monetary System, Balance of Payment, Foreign Exchange Rate Determination, Foreign Currency Derivatives, Foreign direct investment and theory and strategy, Multinational Capital Budgeting .

INTERNATIONAL FINANCE

Evaluation Tools (Active Term)

No evaluation items have been defined.

Course outcomes

1. 01 Global Financial Environme
2. 02 Globalization process
3. 03 The International Monetary System
4. 04 Balance of Payment
5. 05 Foreign Exchange Rate Determination
6. 06 Foreign Currency Derivatives
7. 07 Foreign exchange exposures

Course Syllabus

Reference Books & Course Materials

1. 01 Moffett, Stonehill, Eiteman (2021), Fundamentals of Multinational Finance, 6th Global Edition, Pearson Education

Learning Outcomes

1. L01 Demonstrate an understanding of the relationship between exchange rates, macroeconomic activity, and country competitiveness in international markets SOLO 4
2. L02 Analyzing the spot and forward foreign exchange markets. SOLO 4
3. L03 Relate the importance of the international parity conditions to global financial markets SOLO 4
4. L04 Relate a solid theoretical and conceptual understanding of firms' financial and investment problems in the international environment and how financial instruments can be used to mitigate these problems. SOLO 4
5. L05 Conclude a practical understanding of how firms manage the problems associated with foreign exposure and the extent to which corporate hedging techniques impact the firms' value SOLO 4

Program Outcomes

1. P01 1. Having the ability to understand and discuss international relations discipline by using an interdisciplinary methodology to merge the knowledge coming from sociology, economics, psychology, political sciences well as diplomatic history.
2. P02 2. Having an adequate knowledge of the history and the epochs of international system and being able to identify historical evolution of the contemporary world politics.
3. P03 3. Recognizing local, regional and international actors functioning within the international system.
4. P04 4. Understanding the legal framework of the current international system
5. P05 5. Ability to identify the relations between the key actors of the international system – the states – from a theoretical as well as multi-dimensional scientific and academic methods.
6. P06 6. Ability to analyse the roles and positions of the non-state actors – international organizations in particular – within the current world system.
7. P07 7. Ability to recognize political, socio-economic and cultural structures embedded in international relations.
8. P08 8. Exploring the roots of conflicts among the actors and produce solutions at local, regional and international levels with an analytical focus.
9. P09 9. Being able to understand the politics and the functioning of political institutions in theory and practice.
10. P10 10. Understanding the historical emergence of various political cultures and gaining ability to assess them comparatively.
11. P11 11. Prepare international relations graduates; having a vast knowledge, academic formation and skills to work in public offices, civil society organizations, international institutions and companies at local and global levels.
12. P12 12. To have moral and ethical understanding in the field of work.

Po-Lo Matrix