Course Objectives:

《International Finance》is a compulsory course for IET.《International Finance》 provides students with a study of abstract theories giving attention to the following key areas – The balance of payments, Exchange rates, The foreign exchange market and Open-economy macroeconomic policies. The subject matter of 《International Finance》 is concerned with the monetary and macroeconomic relations between countries. 

Course Requirements:

 On successful completion of the course students will be able to build the abilities to comprehend global economic development, to interpret financial events or phenomenon with relevant theories, principles and concepts, and also to demonstrate analytical abilities in providing evidences whilst addressing real-world applications.

Course Contents:

1.  The Balance of Payments

2.  The Foreign Exchange Market

3.  Determination of Exchange Rates

4.  Government Policies and Foreign Exchange Market

5.  Internal and External Balance with Fixed Exchange Rates

6.  Internal Balance and External Balance with Floating Exchange Rates 

Credits: 3