ECON3236 International Finance
- 6 points
|Semester 1||UWA (Perth)||Face to face|
- Details for undergraduate courses
- Level 3 option in the Economics; Professional Economics; Finance major sequences
- The area of knowledge for this unit is Management and Commerce
- Category A broadening unit for Bachelor of Commerce students where relevant according to the broadening requirements for each student
- Level 3 elective
- This unit is concerned with the operation and role of international financial markets from a macroeconomic standpoint. Topics include foreign exchange markets, international capital and money markets, international derivatives markets; models of the exchange rate; and the role of foreign exchange derivatives in the management of foreign-exchange risk.
- Students are able to (1) recognise the structure of international financial markets; (2) explain the Australian balance of payments and its relationship to international finance (IF); (3) explain the foreign exchange (FX) market and the concepts of nominal, real and effective exchange rates; (4) explain the theories of exchange-rate determination; and (5) explain the role of risk and risk management in foreign exchange markets.
- Typically this unit is assessed in the following ways: (1) in-class quizzes/participation and (2) examinations. Further information is available in the unit outline.
Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
- Unit Coordinator(s)
- Professor Nicolaas Groenewold
- Unit rules
- ECON2234 Macroeconomics: Policy and Applications
any Level 2 Finance unit; for pre-2012 courses: none
- ECON2236 International Finance
- Contact hours
- lectures/Practical Classes/seminars/workshops: up to 3 hours per week
- Unit Outline
- The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
- All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
- Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.