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Program Type: 
Thesis
Course Code: 
FE 630
P: 
3
Lab: 
0
Credits: 
3
ECTS: 
10
Prerequisite Courses: 
Course Language: 
English
Course Objectives: 

The goal of this course is to provide the conceptual and analytical framework for the analysis of contemporary issues in international finance.

Course Content: 

International Finance - Macroeconomic Concepts; Open Economy Macroeconomic Models, The Foreign Exchange Market and Exchange Rates, Exchange Rate Determination; Recent Developments in the Global Financial System.

Teaching Methods: 
1: Lecture, 2: Question-Answer, 3: Discussion; 4: Simulation; 5: Case Study
Assessment Methods: 
A: Testing, B: Presentation C: Homework, D: Project, E: Laboratory

Vertical Tabs

Course Learning Outcomes

Learning Outcomes   Program Learning Outcomes Teaching Methods Assessment Methods
  1. Explores theoretical and empirical  issues in international finance,
  4,7,8 1,2,3 A,B
  1. Grasps the key results of international macro models,
  1,3,5 1,2,3 A,B
  1. Makes analysis and evaluations regarding the exchange rate policy,
  3,5,7 1,2,3 A,B
  1. Understands the dynamics behind the global imbalances, international financial crisis and the economic issues in the world economy.
  5,10 1,2,3 C
 

Course Flow

COURSE CONTENT
Week Topics Study Materials
1  Review of Macroeconomic Concepts     Textbook
2 The Mundell-Fleming Model Textbook
3 Small Open Economies Online resources
4 Exchange Rate Regimes Textbook,

Online resources

      5 Exchange Rates, Nominal Rigidities and Crises in Emerging Countries Textbook,

Online resources

6 Optimal Capital-Control Policy Textbook
7 Recent Developments on Global Financial Cycles Textbook,

articles

8 Paper presentations Selected academic articles
9 Paper presentations Selected academic articles
10 Paper presentations Selected academic articles
11 Paper presentations Selected academic articles
12 Paper presentations Selected academic articles
13 Paper presentations Selected academic articles
14 General Discussion  
15 Final  
     

Recommended Sources

RECOMMENDED SOURCES
Textbook
  • World Trade and Payments, R. Caves, J. Frankel and R. Jones 10th edition, Addison-Wesley Longman.

 

  • International Economics: Theory and Policy by Paul Krugman, Maurice Obstfeld, and Marc Melitz, 10th Edition, Global Edition.                                       
Additional Resources
  • Course web site, online resources, articles, lecture notes.

Material Sharing

MATERIAL SHARING
Documents Homework assignments, Instructions and notes for the term project, Several articles
Assignments Homework assignments
Exams Midterm Exam and Final Exam

Assessment

ASSESSMENT
IN-TERM STUDIES NUMBER PERCENTAGE
Mid-terms 1 60
Assignments 6 20
Term project 1 20
Total   100
CONTRIBUTION OF FINAL EXAMINATION TO OVERALL GRADE   60
CONTRIBUTION OF IN-TERM STUDIES TO OVERALL GRADE   40
Total   100

Course’s Contribution to Program

COURSE'S CONTRIBUTION TO PROGRAM
No Program Learning Outcomes Contribution
1 2 3 4 5  
1 By the use of genuine thinking and research, being able to develop and investigate the details of up to date and advanced knowledge and literature on the fields of finance and economics; to reach innovative and new definitions in specified fields

 

    X      
2 To have the skills of analysing and evaluating the information in multiple fields together; starting from these information, being competent in independently planning and carrying out scientific research studies

 

    X      
3 To have the skill of passing the knowledge to people, with theoretical and practical basis.       X    
4 To produce scientific papers with individual or group work in various subjects including finance, economics, statistics and computer science; to publish in national and international refereed journals; to present in national and international meetings.

 

        X  
5 To be informed about the recent information and developments on international basis.

 

        X  
6 To be able to use and benefit from the software programs, data processing and information technologies required in the relevant fields.       X    

ECTS

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
Activities Quantity Duration
(Hour)
Total
Workload
(Hour)
Course Duration (Including the exam week: 15x Total course hours) 15 3 45
Hours for off-the-classroom study (Pre-study, practice) 15 10 150
Mid-terms 1 15 15
Homework 6+1(Project) (6+14) 20
Final examination 1 20 20
Total Work Load     250
Total Work Load / 25 (h)     10
ECTS Credit of the Course     10