ECON867: International Financial Management

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Lecturer in charge	Semester 1: George Milunovich Semester 2: Kevin Nixon (Visiting Lecturer)
Availability	D1 - Day; Offered in the first half-year D2 - Day; Offered in the second half-year E1 - Evening; Offered in the first half-year E2 - Evening; Offered in the second half-year WV - Winter vacation session (On Campus session: Jan/Feb 2006) SV - Offered Summer Vacation 06 X2 - External study; Offered in the second half-year
Unit Outline	2007 Semester 2 Evening 2007 Semester 2 Day 2007 - Semester 1 2006 - Semester 1 2006 - Semester 2 Day 2006 - Semester 2 Evening 2005 - Semester 1 2005 - Semester 2
Websites	Handbook entry Coursework unit website - WebCT (Login required)

Description

The unit is concerned with the analytical techniques of international finance and investment. Topics include global flow of funds and international financial markets; foreign exchange markets; interest parity, arbitrage and currency speculation; purchasing power parity, real effective exchange; commodity swaps; short and long-term hedging of foreign currency risks, futures and options in currencies.

Topics

Global Flows of Funds and International Financial Markets
Foreign Currency Markets
Interest Rate Parity, Arbitrage and Swap Transactions
Effective Exchange Rates and Purchasing Power Parity
International Markets for Bonds and Notes
Currency and Commodity Swaps
Currency Futures
Foreign Currency Options
Foreign Currency, Country and Political Risks
Management of Foreign Currency Risk Exposure
Value-at-Risk Management
Models of Exchange Rate Determination
Forecasting of Exchange Rates