Taught In English

There is no language prerequisite for courses at this language level.

Area of Study
Business and Economics
Hours & Credits: 45

Hours of Instruction: 3

Prerequisites and Language Level
Taught In English
There is no language prerequisite for courses at this language level.
Overview
1.- General overview of money and its place in our lives
- Introduction
-Functions of Money
-Time Value of Money
-Creation of Money
How much money is there? M1, M2, M3 etc.
Who controls the money supply?
2.- The Money -Go-Round
The Role of:
-The Family
-The Company
-The Financial Institutions
-The State

3.- Factors which influence the Money-Go-Round:
-Supply & Demand
-Unemployment
-Inflation
4.- The role of the Banks.
-Overall role of Banks
-Banks and the customer
-Banks and the creation of money
-International Banking
5.- The role of Companies
-Company characteristics
-Company objectives
-Multinational Finance
6.- Globalization
-What does Globalization really mean?
-What are the advantages?
-What are the disadvantages?
-How does it affect International Finance?
7.- International Monetary System
-Bretton Woods
-Gold Standard to 1970's
-The IMF
8.- European Monetary System
-The European Union
-A Political, Social and Economic Union
-European Monetary Policy
9.- The Balance of Payments
-Import - Export Ratios
-Comparative Advantage
-International Settlements

10.- Foreign Exchange Market
-Principal "players"
-Exchange Rate Analysis
11.- Currency Trading
-Futures & Options
-Derivatives
-Currency Swaps
-Purchasing Power Parity
12.- The Stock Market
-How does it work?
-International Trading
13.- Financial crisis
-Causes, effects and potential solutions
14.- Conclusions & other concepts

Reference book:
International Finance. 3rd Edition. Keith Pilbeam, 2006.