Essex Business School
Autumn & Spring
Undergraduate: Level 6
Thursday 03 October 2019
Friday 20 March 2020
01 July 2019
Requisites for this module
BSC N420JS Accounting and Finance,
BSC N390JS Banking and Finance
This course focuses on the basic knowledge of models on exchange rate determination and provides information on different theories of international finance.
This course has three elements. The first aims to provide students with a thorough understanding of the basic international arbitrage relationships and introduce them to some basic models of exchange rate determination. The second aims to build upon this economics based approach, covering topics such as models of currency crisis, and the South American and East Asian Crisis. The final element aims to provide students with insight into international markets from the perspective of a multinational firm, where topics such as the international cost of capital, international portfolio investment, and foreign direct investment are covered.
On successful completion of the module, students will be able to:
describe the basic international arbitrage relationships and understand fundamental aspects of the basic models of exchange rate determination. Further, you will have a good grasp of some current issues in international finance and be able to offer some insight into the challenges faced by multinational firms.
Skills for Your Professional Life (Transferable Skills)
After completing this module, students have developed and improved the following employability-related skills:
* Gain knowledge about the fundamental concepts of international arbitrage relationships.
* Develop your research skills through the use of exchange rate data from Bloomberg and other databases
* Improve your awareness about different theories of international finance.
* Study and analyse the challenges faced by the multinational firms.
No additional information available.
One two-hour lecture per week for ten consecutive weeks. You are expected to do the relevant reading outlined in the lecture and class programme. It is strongly recommended that you also do additional reading to supplement the lecture material.
A 1-hour class every fortnight. These will be in weeks 17,19,21,23,25 and 18,20,22,24,30 depending on your allocated group.
Finally, there is a review session in the summer term.
This module does not appear to have any essential texts. To see non-essential items, please refer to the module's reading list.
Module supervisor and teaching staff
Dr Udichibarna Bose &Michael Lamla
Dr Athanasios Verousis
The University of Newcastle-upon-Tyne
Senior Lecturer in Accounting & Finance
Available via Moodle
No lecture recording information available for this module.
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