| Unit name | International Finance |
|---|---|
| Unit code | ECON30072 |
| Credit points | 20 |
| Level of study | H/6 |
| Teaching block(s) |
Teaching Block 4 (weeks 1-24) |
| Unit director | |
| Open unit status | Not open |
| Pre-requisites |
Introduction to Macroeconomics ECON10011 and Principles of Finance ACCG20012. |
| Co-requisites |
None |
| School/department | School of Economics, Finance and Management |
| Faculty | Faculty of Social Sciences and Law |
The first part of this unit is the same as the first part of International Economics (ECON 30074). It considers issues such as the determination of the exchange rate, and macroeconomic policy in an open economy. You should look at the unit description for that course for more detail.
The second part will start by examining the issues surrounding international portfolio diversification. We will then look at the problems of managing a company involved with international trade, including the evaluation of international projects and the use of derivatives to manage exchange rate risk. Lectures will be a mixture of analysis and discussion of practical issues. This part of the unit is related to Principles of Finance, but is less technical. If you understand portfolio theory and CAPM, and enjoy a certain amount of mathematical analysis then you should find it well within your grasp.
