Information on individual educational components (ECTS-Course descriptions) per semester | |
| Degree programme: | Bachelor International Business Administration Part-time |
| Type of degree: | FH Bachelor´s Degree Programme |
| Part-time | |
| Winter Semester 2024 | |
| Course unit title | International Economics and Financial Markets |
| Course unit code | 025008050102 |
| Language of instruction | English |
| Type of course unit (compulsory, optional) | Compulsory |
| Semester when the course unit is delivered | Winter Semester 2024 |
| Teaching hours per week | 2 |
| Year of study | 2024 |
| Level of course unit (e.g. first, second or third cycle) | First Cycle (Bachelor) |
| Number of ECTS credits allocated | 3 |
| Name of lecturer(s) | Wolfgang DISCH |
| Prerequisites and co-requisites |
Successful completion of the course Investment and Financing and Economics |
| Course content |
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| Learning outcomes |
The international financial markets are one of the basic prerequisites for the globalisation that has advanced in recent years. For graduates of International Business Administration, a basic understanding of the interrelationships and the essential institutions is highly relevant. This course introduces various basic topics of international economics. Balance of payments, the structure and functioning of foreign exchange and currency futures markets, exchange rate regimes, the nature of international financial crises, simple models of exchange rate determination. Students will show how analysis can be used in the course to explain real-life situations. Therefore, a number of specific cases are used which illustrate real-world problems to students. Numerical examples lead students to solutions of financial problems using formulas, timelines and calculators. Students should be able to understand relevant news, articles and data reported daily in financial news. Students should develop a sense of what is important in the operation and structure of the central bank. They will know how technological changes have affected financial markets and institutions. Students will understand conflicts of interest in different financial services industries and be aware of crucial historical events. They are able to apply theory to data. They understand the advantages and disadvantages of globalisation. Students expand their knowledge of financial markets and the international economy. |
| Planned learning activities and teaching methods |
Interactive course with lecture, case studies, exercises in individual and group work |
| Assessment methods and criteria |
Written exam |
| Comment |
None |
| Recommended or required reading |
Krugman Paul R.; Obstfeld, Maurice; Melitz, Macr J. (2018), International Economics. Theory and Policy, London: Pearson. Mankiw Gregory N.; Ball, Laurence M. (2010), Macroeconomics and the Financial System, NewYork: Worth Publishers. Mishkin, Frederic, S. (2021): The Economics of Money, Banking and Financial Markets, LOndon: Pearson. Mishkin, Frederic S.; Eakins, Stanley G. (2018), Financial Markets and Institutions, London: Pearson. |
| Mode of delivery (face-to-face, distance learning) |
Classes with compulsory attendance in individual teaching units (seminars) supplemented by asynchronous teaching units for the presentation of elementary basics, which are assumed as given knowledge |
| Winter Semester 2024 | go Top |