International Finance module (BU40017)

Learn how international financial markets are interlinked and how shifts in one economy can impact the rest of the world.

You will use data and theories and apply them to real-world issues such as balance of payments crises and macroeconomic policies.

What you will learn

In this module, you will:

• understand the conditions that influence exchange rates, interest rates, and inflation among different countries
• learn which forces drive exchange rates to fluctuate
• explore how countries manage their financial transactions with the rest of the world
• gain insight into the pros and cons of having a fixed or floating exchange rate
• take a closer look at how financial markets are becoming more interconnected

By the end of this module, you will be able to:

• use economic models to understand the problems arising from international flow of funds
• critically evaluate research in international finance
• analyse and interpret macroeconomic and financial data
• apply core theories and models to the design and evaluation of exchange rate policies

Assignments / assessment

• assignment 1 (20%)
• assignment 2 (20%)
• final exam (60%)

Teaching methods / timetable

The lectures for this module will integrate theoretical content with practical exercises. There are no standalone tutorials. Recommended readings will provided in advance to allow you to contribute to class discussions and share your insights.

There are 32 hours of teaching spread over 8 weeks. For this module, the exact dates of teaching and/or reading weeks are to be confirmed.