ECON344-15S2 (C) Semester Two 2015

International Finance

15 points

Details:
Start Date: Monday, 13 July 2015
End Date: Sunday, 15 November 2015
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 26 July 2015
  • Without academic penalty (including no fee refund): Sunday, 11 October 2015

Description

An introduction to international finance and open-economy macroeconomics. Topics covered include: the foreign exchange market; the behaviour of exchange rates; foreign exchange intervention and exchange rate regimes; international capital flows; global financial crises; and the international monetary system.

Learning Outcomes

  • At the end of this course, a successful student will be able to:
  • demonstrate a clear understanding of forward foreign exchange markets and transaction exchange risk
  • explain the concepts of a country’s balance of payments accounting and its net international investment position
  • explain the concepts of interest rate parity and purchasing power parity
  • measure real exchange rate risk
  • explain the major factors that determine and help forecast exchange rates
  • measure risk and return of international investments
  • determine the cost of equity capital in a global market
  • demonstrate how foreign currency futures and options can be used for hedging or speculative purposes
  • demonstrate how interest rate and currency swaps are used as instruments for risk management

Prerequisites

ECON201 or ECON206 or FINC203 RP: 15 points in MATH or Year 13 Math with Calculus

Restrictions

ECON 210 and FINC 315 and FINC344

Equivalent Courses

Recommended Preparation

15 points in MATH or Year 13 Math with Calculus

Course Coordinator

Kuntal Das

Assessment

Assessment Due Date Percentage 
Final Exam 50%
Online quizzes 15%
Term test 35%

Course links

Course Outline

Indicative Fees

Domestic fee $737.00

International fee $3,125.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Department of Economics and Finance .

All ECON344 Occurrences

  • ECON344-15S2 (C) Semester Two 2015
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