Course: International Finance

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Course title International Finance
Course code KEM/MFIN
Organizational form of instruction Lecture + Tutorial
Level of course Bachelor
Year of study 3
Semester Summer
Number of ECTS credits 4
Language of instruction Czech
Status of course Compulsory-optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Martinčík David, JUDr. Ing. Ph.D.
Course content
International financial flows Standard trade model Economies of scale Balance of payments Open economy equilibrium and adjustment mechanism Money, interest rate, and exchange rate Exchange rate determination in the short run Exchange rate determination in the long run Technical analysis of exchange rate Forward exchange operations Exchange deposition and exchange risk International investments CAMP model for the open economy Additional information for the students of the combined form of study is on the Courseware.

Learning activities and teaching methods
Interactive lecture, Self-study of literature, Lecture
  • unspecified - 25 hours per semester
  • Preparation for an examination (30-60) - 40 hours per semester
  • Contact hours - 39 hours per semester
prerequisite
Knowledge
describe the relationships among economic variables
explain the methodology of modern economics
explain the neoclassical and neo-Keynesian models
explain the principles of close economy partial and aggregate markets' working
Skills
identify a formulate the conceptual framework of contemporary approaches to the open economy
analyze the neoclassical and neo-Keynesian models from the point of view of their content and their form
apply the neoclassical and neo-Keynesian theories to the real economic situations
Competences
N/A
identify the source of the problem and propone the solution on one's own
learning outcomes
Knowledge
compare different forms of exchange rate hedging
apply selected theories to real situations
analyze determinants of the balance of trade payments and exchange rates
compare different forms of exchange rate hedging
Skills
explain the complex relationships in international finance
explain the problems of the open economy in the global world
Competences
N/A
argue using the latest knowledge
teaching methods
Knowledge
Lecture
Interactive lecture
Self-study of literature
Skills
Practicum
Competences
Practicum
assessment methods
Knowledge
Written exam
Test
none
Skills
Written exam
none
Competences
Written exam
Recommended literature
  • Krugman, Paul R.; Obstfeld, Maurice,; Melitz, Marc J. International economics : theory & policy. 9th ed. Boston : Pearson, 2012. ISBN 978-0-273-75409--.
  • Mandel, Martin; Durčáková, Jaroslava. Mezinárodní finance a devizový trh. Vydání 1. 2016. ISBN 978-80-7261-287-1.
  • Mandel, Martin; Tomšík, Vladimír. Monetární ekonomie v období konvergence a krize. V nakladatelství Management Press vydání 1. 2018. ISBN 978-80-7261-545-2.
  • Pilbeam, Keith. International finance. 4th ed. Basingstoke : Palgrave Macmillan, 2013. ISBN 978-0-230-36289-5.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Economics Study plan (Version): Business Economics and Management (2015) Category: Economy 3 Recommended year of study:3, Recommended semester: Summer
Faculty: Faculty of Economics Study plan (Version): Business Economics and Management (2015) Category: Economy 3 Recommended year of study:3, Recommended semester: Summer