Advance International Finance

Paper Code: 
ABF 202
Credits: 
3
Contact Hours: 
45.00
Objective: 

To acquaint students with the theory of Foreign exchange market and transactions.

8.00
Unit I: 

 

Foreign Exchange Markets: Meaning, Functions , Factors influencing

exchange rates.Major Participants: Spot, Forward Exchange , Future, Option, Arbitrage

 

8.00
Unit II: 

Exchange Control- Meaning, Features, Objectives, Methods, Merits & Demerits, Exchange control in India.

Balance of payment:

Meaning, Components, BOP v/s BOT, Disequilibrium in BOP, Rectification of disequilibrium.

8.00
Unit III: 

Determination of exchange rates –Equilibrium Rate of exchange-Mint Parity theory-PPP theory and Balance of Payment theory. Causes of fluctuations in Exchange rates. Fixed and Flexible Exchange Rates

8.00
Unit IV: 

International Banking: Meaning, Features, Types of International Banking offices and Offshore Banking.

8.00
Unit V: 

Foreign Aid to India- Role, Impact of Foreign aid on India’s Economic development and Problems of Foreign Aid.

WTO- Introduction, Objectives, Functions and India & WTO.

Essential Readings: 
  1. Avadhani,V.A,” International Finance, Theory and Practice”, Himalaya Publishing Company, New Delhi.
  2. S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.
  3. Cherunilam Francis “International Economics”, Tata McGraw-Hill Publishing Company Limited, new Delhi
  4. Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, new Delhi
  5. Maurice, Levi, “ International Finance”, McGraw Hill, Int. Ed. New York.
References: 
  1. Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.
  2. Wood, D. and J Byrne: International Business Finance, Macmillan, New York.
  3. Sodersten B, “International Economics”, Macmillan, London.
  4. Dominick, “ International Economics”, Macmillan Publication Company, New York.
  5. Mithari D. M. Introduction to International Economics (Latest)- Himalaya Publishing House,  Mumbai
  6. Seth M.L.,” Money, Banking, international Trade and Public finance”, Lakshmi Narain Agarwal Educational Publisher, Arga.
Academic Year: 
2018-2019
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