Offered
Caulfield First semester 2008 (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
Within semester assessment: 30%
Examination (2 hours): 70%
Contact hours
3 hours per week
Prerequisites
ECF1200 or ECF2200, or equivalent
