Международные финансы

Бакалавриат 2023/2024

Статус: Курс обязательный (Программа двух дипломов НИУ ВШЭ и Университета Кёнхи «Экономика и политика в Азии»)

Направление: 41.03.01. Зарубежное регионоведение

Кто читает: Факультет мировой экономики и мировой политики

Где читается: Факультет мировой экономики и мировой политики

Когда читается: 4-й курс, 1, 2 модуль

Формат изучения: без онлайн-курса

Охват аудитории: для своего кампуса

Преподаватели: Гусева Ольга Александровна

Язык: английский

Кредиты: 4

Контактные часы: 60

Full Syllabus

Abstract

This course covers main concepts of macroeconomics and finance in the settings of an open economy. The goal of the discipline is to introduce students to relevant theoretical research in international finance and examples of its practical application. The course is aimed at contributing to students’ understanding of current issues and recent developments in the field of international finance with a focus on foreign exchange and international capital markets. Pre-requisites INTRODUCTION TO ECONOMICS I / ВВЕДЕНИЕ В ЭКОНОМИКУ I INTRODUCTION TO ECONOMICS II / ВВЕДЕНИЕ В ЭКОНОМИКУ II MATHEMATICS FOR ECONOMICS AND BUSINESS / МАТЕМАТИКА ДЛЯ ЭКОНОМИКИ И БИЗНЕСА

Learning Objectives

Provide students with an understanding of mechanics and operation of the foreign exchange markets;
Explain the impact of government and central bank policies in an open economy;
Demonstrate the evolution of international monetary system;
Introduce students to basic theories and instruments for understanding and managing risks of international companies and institutions.

Expected Learning Outcomes

To understand main principles of foreign exchange and international capital markets;
To be able to analyze the dynamics of an open economy, including exchange rate movements;
To identify the effect of different policies in an open economy;
To describe current issues in the field of international finance.

Course Contents

1. National Income Accounting
2. Balance of Payments
3. Foreign Exchange Market
4. Money, Interest Rates, and Exchange Rates
5. Exchange Rate in the Long Run
6. Exchange Rate in the Short Run
7. Fixed Exchange Rates
8. International Monetary System
9. An Introduction to International Capital Markets

Assessment Elements

Attendance
Midterm
Assignment
Final exam

Interim Assessment

2023/2024 2nd module
0.1 * Assignment + 0.25 * Attendance + 0.4 * Final exam + 0.25 * Midterm

Bibliography

Recommended Core Bibliography

Krugman, P. R., Obstfeld, M., & Melitz, M. J. (2018). International Economics: Theory and Policy, Global Edition (Vol. Eleventh edition). New York: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1649946
Melvin, M., & Norrbin, S. C. (2013). International Money and Finance (Vol. 8th ed). Amsterdam: Elsevier Ltd. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=480878

Recommended Additional Bibliography

Rogoff, K. S., Helpman, E., & Gopinath, G. (2014). Handbook of International Economics. Oxford, England: North Holland. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=576373

Course Syllabus