International Finance

Paper Code: 
ABF 102
Credits: 
3
Contact Hours: 
4.00
Max. Marks: 
100.00
Objective: 

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

10.00
Unit I: 
International Finance

International Finance
Meaning – Scope of International Financial Management –Factors contributing to growth in International Finance–importance, methods of payment, letter of credit – Types, parties, procedure. Difference between Domestic & International finance

10.00
Unit II: 
International Financial Market & International financial instruments

International Financial Market & International financial instruments (Elementary Knowledge)
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

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

8.00
Unit IV: 
IMF & World Bank

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

7.00
Unit V: 
IFCA & IDA, ADB

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

Essential Readings: 

• Avadhani,V.A,” International Finance, Theory and Practice”, Himalaya Publishing Company, New Delhi.
• S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.
• Cherunilam Francis “International Economics”, Tata McGraw-Hill Publishing Company Limited, new Delhi
• Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, new Delhi
• Maurice, Levi, “ International Finance”, McGraw Hill, Int. Ed. New York.

References: 

• Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.
• Wood, D. and J Byrne: International Business Finance, Macmillan, New York.
• Sodersten B, “International Economics”, Macmillan, London.
• Dominick, “ International Economics”, Macmillan Publication Company, New York.
• Mithari D. M. Introduction to International Economics (Latest)- Himalaya Publishing
House, Mumbai
• Seth M.L.,” Money, Banking, international Trade and Public finance”, Lakshmi Narain
Agarwal Educational Publisher, Arga.