This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Postgraduate Handbook 2015-2016 (archived)
Module ECON40915: INTERNATIONAL FINANCE
Department: Business School (Economics and Finance)
ECON40915: INTERNATIONAL FINANCE
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Tied | 4 | 15 | Available in 2015/2016 | Durham |
Tied To
- L1K109: Economics and Finance (see Postgraduate Handbook 2012-2013 for details)
- L1K309: Corporate and International Finance (see Postgraduate Handbook 2012-2013 for details)
- L1K509: International Banking and Finance (see Postgraduate Handbook 2012-2013 for details)
- L1K609: International Money, Finance and Investment (see Postgraduate Handbook 2011-2012 for details)
- L1K709: Finance (see Postgraduate Handbook 2011-2012 for details)
- L1T109: Economics
- L1T209: Public Economics
- L1T309: Experimental Economics
- L1T409: Environmental & Natural Resource Economics
- N3K109: Finance
- N3K309: Finance (Corporate and International Finance)
- N3K509: Finance (International Money, Finance and Investment)
- N3K609: Finance (International Banking and Finance)
- N3K709: Finance (Economics and Finance)
- N3K809: Islamic Finance
Pre-requisites
- None
Corequisites
- EITHER Advanced Financial Theory (ECON41215) OR Advanced Macroeconomics (ECON44815 or ECON41715)
Excluded Combinations
- None
Aims
- develop students' advanced knowledge and critical understanding of international finance;
- develop students' ability to critically understand frontier theoretical and empirical issues in international finance;
- offer students the opportunity to develop some key analytical and technical skills in dealing with problems in international finance in a global economic environment.
Content
- Economics of exchange rates;
- Purchasing power parity;
- Models of exchange rates;
- Foreign exchange market efficiency.
Learning Outcomes
Subject-specific Knowledge
- have explored, understood and appreciated the complexity and diversity of the current academic literature and its implications for professional practice, and be able to identify open questions for their own research.
Subject-specific Skills
- be able to use highly specialised and advanced technical, professional and academic skills in analysing exchange rates, and more generally asset pricing in a global economy;
- be able to master problem solving and analytical skills in a challenging global environment, and other complex specialised contexts.
Key Skills
- Written Communication;
- Planning, Organising and Time Management;
- Problem Solving and analysis;
- Using Initiative;
- Numeracy;
- Computer Literacy.
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- A combination of lectures, seminars and guided reading will contribute to achieving the aims and learning outcomes of this module. The summative written examination will test students' knowledge and critical understanding of the material covered in the module, their analytical and problem-solving skills.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Lectures | 9 | 1 per week | 2 hours | 18 | |
| Seminars/Workshops | 4 | fortnightly | 1 hour | 4 | Yes |
| Preparation & Reading | 126 | ||||
| Revision | 2 | 1 hour | 2 | ||
| Total | 150 |
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Examination | 100% | Unseen written examination | 2 hours | 100% | Same |
Formative Assessment
Students will receive written comments on a formative written assignment. Additional formative assessment, and feedback, may take a number of forms such as: oral feedback on work prepared by students for seminars; answers to questions either discussed during a seminar or posted on DUO.
Students who do not attend monitored activities shown under Teaching Methods
and Learning Hours, or who fail to complete the summative or formative
assessment(s) specified above, may be subject to the Academic Progress
procedures defined in the University's General Regulation V, and may be
required to leave the University.