Positionnement dans le cursus
Semestre 5
Intersemestre
Semestre 6
 
 
 
Semestre 7
 
Intersemestre
Semestre 9
 
 
Intersemestre

Course unit

International finance

Last updated: 22/02/2024

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Course Director(s):

DE-BENEDITTIS Julien

General Description:

The unit is divided into two parts. 
The first seeks to present an analytical framework, referring to the definition of macro-financial balances and a description of the functioning of foreign exchange markets. 
In the second part a theoretical analysis of determining factors of short and long term exchange rates will be presented.

Key words:

Balance of payments Currency market Exchange rates Monetary policy

Number of teaching hours

15

Fields of study

Economics, Management, Human and Social Sciences

Teaching language

French

Intended learning outcomes

On completion of the unit, the student will be capable of: Classification level Priority
Understanding the mechanisms and policies supporting external and sustainable macroeconomic balances 2. Understand Essential
Analysing macroeconomic policies in open economics and the problems posed by their interdependence on an international scale. 2. Understand Essential

Learning assessment methods

Percentage ratio of individual assessment Percentage ratio of group assessment
Written exam: 100 % Project submission: %
Individual oral exam: % Group presentation: %
Individual presentation: % Group practical exercise: %
Individual practical exercise: % Group report: %
Individual report: %
Other(s): %

Programme and content

Type of teaching activity Content, sequencing and organisation
Course

I. General Introduction

II: Analytical framework

  • Macro-financial balance ; Balance of payments and external positions
  • Foreign exchange markets and exchange rates

III: Determining factors of exchange rates in floating regimes

  • Balance of foreign exchange markets
  • Monetary policies and short term exchange rates
  • Long term prices and exchange rates