Undergraduate - UnitECG2721 - Trade finance and foreign exchange

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

Level	Undergraduate
Faculty	Faculty of Business and Economics
Offered	Gippsland Second semester 2012 (Off-campus)
Coordinator(s)	Dr Svetlana Masliuk

Synopsis

This unit focuses on the topics of international finance and trade. This includes the importance of international finance; the balance of payments accounts; the mechanisms for financing international trade; the effect of macroeconomic policies on trade balance; the determination of exchange rates; the operation of foreign exchange
markets and alternative exchange rate systems; foreign investment; foreign exchange risk and operating exposure.

Outcomes

The learning goals associated with this unit are to:

understand payments among nations and macroeconomic policies to adjust balance of payments disequilibrium
study the operation of foreign exchange markets and alternative exchange rate systems
acquire essential skills for managing foreign exchange risk and operating exposure
explain multinational corporations in international trade and the mechanisms for financing international trade, and
demonstrate in the individual assessment task the acquisition of a comprehensive understanding of the topics covered in this unit.