The unit aims to develop an understanding of the international monetary systems and international financial markets, institutions and instruments. The unit introduces students to the complexities involved in cross-border transactions and undertakes an analysis of international parity conditions, foreign exchange markets, instruments and exchange rate systems. The breakdown in global financial markets and the resultant credit crisis has had significant and lasting impacts on the international money markets and Euro markets. The failure of financial institutions and the emerging debt crisies countries – the PIIGS – threaten the very viability of the European union in the wake of the global... -- Course Website
Instructor: V Fang
Prerequisites: MAF202 or MAF203
