It presents a policy-oriented perspective, similar to that an economist would use when advising governments on how to work within the modern international financial system and how to overcome its problems.
Topics covered
- Unit 1 Evolution of International Financial Systems
- Unit 2 Foreign Exchange Markets
- Unit 3 The Balance of Payments
- Unit 4 Balance of Payments: the Mundell-Fleming Approach
- Unit 5 Balance of Payments – the Monetary Approach
- Unit 6 Fixed and Flexible Exchange Rate Systems
- Unit 7 Currency Blocs, Financial Integration and International Co-ordination
- Unit 8 Currency and Financial Crises and the International Financial System
Assessment
- one three-hour unseen written examination (70%)
- two tutor marked assignments (30%)