This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Postgraduate Handbook 2022-2023 (archived)
Module ECON46015: INTERNATIONAL FINANCE (TAUGHT)
Department: Economics
ECON46015: INTERNATIONAL FINANCE (TAUGHT)
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Tied | 4 | 15 | Not available in 2022/2023 | None. | Durham |
Tied To
- N3KA09: Finance (Global) (see Postgraduate Handbook 2016-2017 for details)
Pre-requisites
- None
Corequisites
- None
Excluded Combinations
- International Finance (Online) - ECON45915
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
- By the end of the module students should: 
- 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
- By the end of the module, students should: 
- 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
- planning, organising and time management skills
- problem solving and analytical skills
- the ability to use initiative
- advanced skills in the interpretation of data
- advanced computer literacy skills
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- Learning outcomes will be met through a combination of taught input, groupwork, case studies and discussion, supported by guided reading and specially-written self-study material.
- The summative assessment of the module is a two-hour written examination which will test students' specialist knowledge and critical understanding of the material covered in the module, their problem-solving and analytical skills.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Workshops (a combination of taught input, groupwork, case studies and discussion), timetabled in blocks | 24 | ||||
| Preparation and reading | 126 | ||||
| Total | 150 |
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Examination | 100% | Examination100 | 2 hours | 100% | Same |
Formative Assessment
A written assignment of 1,500 words based on a case study.
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.