#1
22nd March 2016, 11:57 AM
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International Finance Course
Hello sir, I am Peter Parker. I am from Houston. I want you to help me by giving me some information about the International Finance course outlines of Sloan School of Management. Can you help me?
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#2
22nd March 2016, 12:00 PM
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Re: International Finance Course
As you have asked about the International Finance course outlines of Sloan School of Management, check below for the information Course Outline I. (4 classes) Introduction to global capital markets; what drives globalization? globalization in historical perspective Multinational corporations, global market participants, international goods markets, international financial markets, globalization as a risk factor, benefits of international trade, comparative advantage, balance of payments accounting, international capital flows, the determination of global rates of return Required readings: BH: Chapters 1 and 4 Teaching note on national saving and investment Bernanke, Ben “The Global Saving Glut and the U.S. Current Account Deficit,” Sandridge Lecture, Virginia Association of Economics, Richmond, Virginia, 2005; “Bond Bubble Breakdown” Goldman Sachs Top of Mind, Issue 11, April 22, 2013. In class debates: The global savings glut. Are we in a global bond bubble. II. (2 classes) Currencies and exchange rates Bid-ask spreads, market structure, triangular arbitrage, real exchange rates, exchange rate systems, what is a currency, the role of central banks Required readings: BH Chapters 2, 5 Dagfinn Rime and Andreas Schrimpf, “The anatomy of the global FX market through the lens of the 2013 Triennial Survey” BIS Quarterly Review, Dec 2013 Chapter 5, “Money and Inflation” in Mishkin, Frederic, Macroeconomics: Policy and Practice, Addison Wesley, 2012 Velde, François R. “Bitcoin: A primer” Chicago Fed Letter, December 2013 In class debate: is Bitcoin a currency? III. (4 classes) Measuring and managing exchange rate risk Hedging with exchange forwards, exchange rate swaps, and exchange rate futures Required readings: BH Chapters 3, 9, 17, and 20 Case: Hedging at AIFS IV. (1 class) The economics of financial instruments risk What assets and why? Financial contracts and information frictions Required readings: Chapter 8, “An Economic Analysis of Financial Structure” in Mishkin, Frederick, Economics of Money, Banking and Financial Markets, 3rd edition, 2 International Finance course outlines MIT School of Management |