International Finance

Paper Code: 
ABF 102
Credits: 
3
Contact Hours: 
45.00
Objective: 

To acquaint students with the role of international institutions and monetary system.

10.00
Unit I: 

International Finance:

Meaning, importance, need, scope, methods of payment, letter of credit – Types, parties, procedure.

10.00
Unit II: 

International Financial Market: Meaning and functions of Financial Market. Recent Changes in Global Financial Markets, 

International financial instruments (Elementary Knowledge) – Euro notes, Euro commercial papers, Euro bond, ADR and GDR.

 

 

10.00
Unit III: 

International Monetary System- Gold Standard, Gold Bullion Standard, Bretton Woods System, Post Bretton Wood agreements.

8.00
Unit IV: 

IMF & World Bank-Objectives, Roles, Achievements, Recent developments, Progress  and Criticism.

7.00
Unit V: 

IFC & IDA, ADB- Objectives, Roles, Functions and Achievements.

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: