International FinanceCourse Closed
Universidad de Málaga
Area of Study
Business, Finance, International Business
Taught In English
Recommended U.S. Semester Credits3
Recommended U.S. Quarter Units4
Hours & Credits
This course povides students with the tools and methods to study, analyze and understand international economic issues and problems.
UNIT 1 ? GENERAL OVERVIEW OF MONEY AND ITS PLACE IN OUR LIVES
- Functions of Money
- Time Value of Money
- Creation of Money
- How much money is there? M1, M2, M3 etc?
- Who control the money supply?
UNIT 2 ? THE MONEY ? GO - ROUND
The role of:
- The Family
- The Company
- The Financial Institutions
- The State
UNIT 3 ? FACTORS WHICH INFLUENCE THE MONEY - GO ? ROUND
- Supply & Demand
UNIT 4 ? THE ROLE OF THE BANKS
-Overall roll of Banks
- Banks and the customer
- Banks and the creation of money
UNIT 5 - THE ROLE OF COMPANIES
UNIT 6 - GLOBALIZATION
-What does Globalization really mean?
-What are the advantages?
-What are the disadvantages?
- How does it affect International Finance?
UNIT 7 ? INTERNATIONAL MONETARY SYSTEM
-Gold Standard to 1970´s
UNIT 8 ? EUROPEAN MONETARY SYSTEM
-The European Union
-A Political, Social and Economic Union
-European Monetary Policy
UNIT 9 ? THE BALANCE OF PAYMENTS
-Import / Export ratios
UNIT 10 ? FOREIGN EXCHANGE MARKET
-Exchange Rate Analysis
UNIT 11 ? CURRENCY TRADING
-Future & Options
-Purchasing Power Parity
UNIT 12 ? THE STOCK MARKET
-How does it work?
UNIT 13 ? FINANCIAL CRISIS
-Causes, effects and potential solutions
UNIT 14 ? CONCLUSIONS & OTHER CONCEPTS
Along with other selections from primary texts, students will be provided selections from the following sources:
- Cheol S.Eun & Bruce G. Resncik (2004), International Financial Management 3rd Edition. Mc Graw Hill.
- Pilbeam, K. (2006), International Finance. 3rd Edition.
Participation and attitude in class: 10%
Quizzies and Homework Assignments: 20%
Midterm Exam: 25%
Final Exam: 35%
Final Paper: 10%
Final letter grades will be assigned using the following scale, expressed in terms of the percentage of total possible points earned:
9 ? 10 = Sobresaliente
7 ? 8.9 = Notable
5 ? 6.9 = Aprobado
0 ? 4.9 = Suspenso
Attending the course but not taking the exams = No presentado
Missing class more than permitted = No asistencia
Attendance is obligatory. More than four hours of unexcused absence from class will endanger an officially certified completion of the course (grading + certificate). Medical absences are excused with the prompt receipt of proper documentation. It is expected that students arrive to class on time and that they return promptly to class after any given class break. Tardiness is figured into the absence policy.
Students are required to be involved in class activities. They are expected to show their preparation by participating in discussions, by asking relevant questions, being critical and analytical with the contents presented in class as well as by sharing their ideas and opinions. In class the student is required to maintain a polite demeanor always and under every circumstance. Students are asked not to eat in class and to put their cell phones on silence. With the exception being for class presentations, laptops are not to be used in class.
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.
Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations