ECW2721

Trade finance and foreign exchange (6 points)

(BUS)

Leader: Malaysia: Dr I K M Wadud; Peninsula: Dr Siang Ng

Offered:
Gippsland First semester 2003 (OCL)
Malaysia First semester 2003 (Day)
Peninsula First semester 2003 (Day)
Malaysia Second semester 2003 (Day)
Gippsland First semester 2004 (OCL)
Malaysia First semester 2004 (Day)
Peninsula First semester 2004 (Day)
Malaysia Second semester 2004 (Day)

Synopsis: The importance of international finance; foreign exchange markets - spot, forward, futures and options markets; the determination of exchange rates; purchasing power parity and interest rate parity; hedging and speculating in foreign exchange markets, Eurodollars and Euro-currencies; aspects of short term and long term financing; operating exposure.

Assessment: Major essay (1500 words): 20% + Tutorial exercises: 10% + Examination (2 hours): 70%

Prerequisites: ECW1101