International Finance
The goal of the subject is to give students the necessary knowledge in the field of international financing. In the past few decades, international financing has recorded rapid and, at certain times a very fast development. National financial markets are increasingly losing the attribute of national and become part of the global financial market - the world market. Major financial and currency crises during the last and at the beginning of this century drew attention to the problems addressed by international financing. Complex relationships in international finance that occur as a result of continuous technological development, financial globalization and financial integration of national economies set new tasks and demands on economic theory, which should respond to various challenges and crises that the world is facing with.
| Code : | 1ФУБО:МФ |
|---|---|
| Status: | C |
| Semestar: | 7th |
| Number of classes per week: | 3+2 |
| ЕECTS: | 8 |
| Teachers: | |
| Prerequisites: | |
| Learning Outcomes (gained knowledge): | The main result of studying this course is to gain the necessary knowledge in the field of international financing. In fact, the gained knowledge will allow students to practically view the international financial movements in order to make quality business decisions, not just those relating to cooperation with foreign partners, but to a great degree those related to operations within the domestic economy. |
| Subject Contents: | Key thematic issues covered by the subject are: international financing - the subject, development and significance, foreign exchange rates and currency markets (factors that determine the exchange rate in the long and in the short term, fixed and fluctuating exchange rates - strengths and weaknesses), the international monetary system, characteristics of contemporary international financial markets, international capital flows, international financial organizations, Euro-market, financing export transactions, currency crisis and speculative attacks, problems of international debt and the debt crisis, global economic and financial crisis of the early twenty-first century. |
| Teaching Methods and Learning Activities: | Lectures, exercises, discussions, seminar papers, case studies and consultations. During the lectures a number of issues and problems of international financing will be analyzed with the active role of students to freely express their views and opinions. |
| Literature: | Jovanovic, Gavrilovic, P. (2008). International Business Financing. Belgrade: Faculty of Economics; Pelevic, B. and Vuckovic, V. (2008). International Economics. Belgrade: Faculty of Economics; Krugman, P. and Obstfeld, M. (2009). International Economics. Zagreb: Mate; Miškin, F. and Eakins, S. (2005). Financial Markets and Institutions. Zagreb: Mate |
| Types of Assessment for the subject: | Colloquium I (0-20 points); Colloquium II (0-20 points); Final exam (0-50 points); Attendance (2point); Class activities (seminar papers, discussions, case studies) (0-8 points) |
| Special Remarks for the subject: |