Aviso: Se está a ler esta mensagem, provavelmente, o browser que utiliza não é compatível com os "standards" recomendados pela W3C. Sugerimos vivamente que actualize o seu browser para ter uma melhor experiência de utilização deste "website". Mais informações em webstandards.org.

Warning: If you are reading this message, probably, your browser is not compliant with the standards recommended by the W3C. We suggest that you upgrade your browser to enjoy a better user experience of this website. More informations on webstandards.org.

Sub Menu
ISCTE-IUL  >  Education  >  MG  >  Gestão - 2011  >  Curriculum  >  International Finance (2nd Cycle)

Master (MSc) in Management

Curricular Plan Gestão - 2011


International Finance (2nd Cycle) (M4214)

Contexts

Group: Gestão - 2011 > Second Cycle Programme > Optional Courses > 1st Year - 2nd Semester

Period: 1º Year, 2º Semester

Group: Gestão - 2011 > Second Cycle Programme > Optional Courses > 1st Year - 2nd Semester

Period: 1º Year, 2º Semester

ECTS Credits

6.0

Teaching type

Face-to-face teaching

Teaching Language(s)

English

Pre-requisites

Basic macroeconomics

Objectives

1. Understand basic concepts in international finance.
2. Acquire knowledge about the international financial system.
3. Understand the functioning of international financial markets.
4. Be able to interpret and discuss articles from the financial press.
5. Be able to form opinion and to argue regarding policy questions.

Learning Outcomes

1. Understand basic concepts in international finance.
2. Acquire knowledge about the international financial system.
3. Understand the functioning of international financial markets.
4. Be able to interpret and discuss articles from the financial press.
5. Be able to form opinion and to argue regarding policy questions.

Syllabus

I. Introduction
1. Why study international finance?
2. An overview of the financial system
II. Basic concepts and markets
1. Money
2. Interest rates
3. Exchange rates and the foreign exchange markets
III. Exchange rates and open-economy macroeconomics
1. The balance of payments
2. Money, interest rates and exchange rates
3. Price levels and the exchange rate in the long run
IV. Exchange rate policies
1. Central banks, monetary policy and foreign exchange interventions
2. Exchange rate regimes
V. The international financial system
1. An historical overview
2. The euro and the Economic and Monetary Union

Assessment

Class participation (10%). During discussions of articles from the financial press students are encouraged to add their understanding and interpretation.
Quizzes (40%). After each topic a short multiple choice quiz takes place.
Final Exam (50%). At the end of the course a final exam takes place.
The pass grade for the final valuation is 9.5 (out of 20). If the student fails, approval in the unit requires the application to the 2nd chance final exam.

Teaching Methodology

During the learning term, students must acquire and develop cognitive and communication competences, in the scope of this learning unit and in compliance with the objectives, defined above.

For the acquisition of these competences will be used a range of teaching methods (e.g., theoretical expositions; case analysis and debate; etc.) that, in an articulated manner, allow the mastering of the above competences.

Observations

-

Bibliographic Reference

Basic

Krugman, Obstfeld and Melitz, 2012, International Economics: Theory and Policy, Ninth Edition, Pearson.

Mishkin, 2010, The Economics of Money, Banking and Financial Markets, Business School Edition, Pearson.

Complementarys

Bekaert and Hodrick, 2011. International Financial Management, Second Edition, Prentice Hall.