6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
- Second semester 2017 (Day)
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.
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
- demonstrate in the individual assessment task the acquisition of a comprehensive understanding of the topics covered in this unit.
Within semester assessment: 40% + Examination: 60%
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
See also Unit timetable information