4808090: International Economics for Finance

Description

• International Monetary SystemsBalance of Payments and International FinanceInternational Parity Conditions and International FinanceForeign Exchange Rate DeterminationCapital Market Segmentation and International FinanceDeterminants of International TradeDeterminants of Direct InvestmentsCurrent Multinational Financial Challenges and Crises

Learning Outcomes

• After successful completion of this course, students are able to explain fundamentals of trade theories;are able to explain the relationship between international economics and international finance; can distinguish implications for national trade policies;can illustrate main themes and debates in international economics and their relation to International Finance;are able to assess the impact of macroeconomics, political forces and international agreements on firm strategies and competition in a specific nation-state or economic RegionCommunicating acquired information comprehensibly to specialists and laities.

Lectures Method

Participants prepare a term paper under supervision of a lecturer.

Literature

• Eiteman, D. K., Stonehill, A. I., & Moffett, M. H. (2013). Multinational business finance (13th ed.). Boston: Pearson.Eun, C. S., Resnick, B. G., & Sabherwal, S. (2012). International finance (6th ed.). New York: McGraw-Hill/Irwin. Haan, J., Oosterloo, S., & Schoenmaker, D. (2012). Financial markets and institutions - A European perspective (2nd ed.). Cambridge: Cambridge University Press.. Krugman, P. R., Obstfeld, M., & Melitz, M. (2014). International economics - Theory and policy (10th ed.). Upper Saddle River: Prentice Hall Pearson.Madura, J. (2014). International financial management (12th ed). Cincinnati: South-Western.Sercu, P. (2009). International finance - Theory into practice. Princeton: Princeton University.Additionally, research papers will be listed in the syllabus and used in class.

Materials

The syllabus will give an overview on seminar paper topics and describe the necessary literature and research papers more in detail. Student papers and presentation files will be posted on moodle.