ECF2721 - Trade finance and foreign exchange

Leader: Dr Mita Bhattacharya

Offered

Caulfield First semester 2007 (Day)

Synopsis

International finance; the balance of payments accounts; the effect of macroeconomic policies on trade balance; foreign exchange markets - spot, forward, futures and options markets; the determination of exchange rates; parity conditions; hedging and speculating in foreign exchange markets and exposure, foreign investment; euromarket; aspects of short-term and medium-term financing and international monetary system.

Assessment

Mid-semester test: 30%
Examination (2 hours): 70%

Contact hours

3 hours per week

Prerequisites

ECF1200 or ECF2200, or equivalent