Oct 22, 2019   10:31 a.m.      Sergej        
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Course syllabus BEEX33294 - International Finance (FEP - 2019/2020 - post-graduate studies)


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University: Pan-european University
Faculty: Faculty of Economics and Business
Course unit code: BEEX33294
Course unit title: International Finance
Planned learning activities and teaching methods:
lecture12 hours weekly / 12 hours per semester of study (on-site method)

Credits allocated: 8
Recommended semester/trimester: ST
 
Level of study: 3.
Prerequisites for registration: none
 
Assessment methods:
- Presence in the Classroom
- First Set of Position Papers send by e-mail / Three Position Papers/
- Second Set of Position Papers send by e-mail / Three Position Papers/
Each position paper should by min 2 pages, should by typed, min 2 pages, max 3 pages, space1.5,
font 11 or 12
To pass the course student needs to fulfill both conditions.
 
Learning outcomes of the course unit:
The main goal of this course is to provide students with understanding of historical evolution of the global finances as well as its current driving forces. Class discussions will be based on selected, mostly policy oriented, papers. Students are also led to formulate their own research question in the topic of their interest.
 
Course contents:
Introduction into International Finance; Historical Overview: Gold Standard, Interwar, Bretton Woods; Euro, EMU and Theory of Monetary Unification; International Monetary Fund, Conditionality, Politics of Adjustment; Theory and History of Financial Crisis; Global Capital Imbalances; International Capital and Emerging Markets; Capital Account Liberalization; Euro, Dollar, Rimnibi; Recent Financial Crisis and Eurozone Crisis
 
Recommended or required reading:
Recommended:
Reinhart, Carmen M., and Kenneth S. Rogoff (2008) This Time is Different: A Panoramic View of Eight Centuries of Financial Crises NBER Working Paper 13882, March.
Bordo, Michael D., and Hugh Rockoff, “The Gold Standard as a “Good Housekeeping Seal of Approval” Journal of Economic History 56, no. 2, 1996: 389–428
Cohen, Benjamin J. “The Geography of Money,” 1998, Cornell University Press, Chapter One: The Meaning of Monetary Geography, 8-26; Chapter Two: Territorial Money, 27-46
Cooper, Richard N., “Global Imbalances: Globalization, Demography, and Sustainability,” Journal of Economic Perspectives, Volume 22, Number 3, Summer 2008, pp. 93–112
Eichengreen, Barry, “Globalizing Capital. A History of the International Monetary System,” Princeton University Press, 1996, Chapter Four, The Bretton Woods System, pp. 93-128.
Eichengreen, Barry, “Globalizing Capital. A History of the International Monetary System,” Princeton University Press, 1996, Chapter Three, Interwar Instability, pp. 45-91.
Feldstein, Martin, The Political Economy of the European Economic and Monetary Union: Political Sources of an Economic Liability, NBER Working Paper 6150, August 1997
Feldstein, Martin, “Resolving the Global Imbalance: the Dollar and the U.S. Saving Rate,” Journal of Economic Perspectives, Volume 22, Number 3, Summer 2008, pp. 113–125
Frankel Jeffrey, "No Single Currency Regime Is Right For All Countries Or At All Times", NBER Working Paper 7338, September 1999. http://www.nber.org/papers/w7338
Chinn, Menzie, and Jeffrey Frankel, Why the Euro Will Rival the Dollar, International Finance, 11:1, 2008, pp. 49-73
Lucas, Robert, Why Doesn’t Capital Flow from Rich to Poor Countries?, American Economic Review, Papers and Proceedings, 2001, pp. 92-96
Obstfeld Maurice, and Alan M. Taylor, Chapter 1, “Global Capital Markets: Overview and Origins,” in their Global Capital Markets: Integration, Crisis and Growth, Cambridge, University Press, 2004, pp. 4 – 41.
Posen, Adam S., Why the Euro will Not Rival the Dollar, International Finance, 11:1, 2008, pp. 75-100
Shambaugh, George E. (2004). The Power of Money: Global Capital and Policy Choices in Developing Countries. American Journal of Political Science 48(2): 281-295.

 
Language of instruction: English
 
Notes:
 
Courses evaluation:
Assessed students in total: 38

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89,5 %10,5 %0 %0 %0 %0 %
 
Name of lecturer(s): prof. Dr. Július Horváth (examiner, instructor, lecturer)
prof. PhDr. František Ochrana, DrSc. (person responsible for course)
Last modification: 18. 6. 2019
Supervisor: prof. PhDr. František Ochrana, DrSc.


Last modification made by Ján Lukáš on 06/18/2019.

Type of output: