Learning Outcomes of UE

Understand the functioning of the spot and forward forex markets (including PPP, covered interest parity, the valuation of forward contracts and their use for arbitrage, hedging and speculation); understand the functioning and the pricing techniques of forex derivatives , e.g., swaps, futures, options (including their valuation and their use for arbitrage, hedging and speculation purposes); be able to measure and manage the exposure to international risks (forex risk, hedging techniques...); be familiar with and be able to evaluate the international sources of financing; be able to assess FDI projects. Be able to formulate a research topic in the area of international and European economics, and to articulate a personal approach of it, after a review of the relevant literature. Be able to actively participate in the discussion about the topics presented.

Content of UE

See learning activities.

Prior Experience

Basic notions in international finance and economics (balance of payments, parity conditions…).

Type of Assessment for UE in Q1

• Presentation and works
• Oral examination
• Written examination

Q1 UE Assessment Comments

IFM: 60%; SIEE: 40%.

Type of Assessment for UE in Q2

• N/A

Q2 UE Assessment Comments

Not applicable.

Type of Assessment for UE in Q3

• Oral examination
• Written examination
• N/A

Q3 UE Assessment Comments

See term 1.

Type of Resit Assessment for UE in Q1 (BAB1)

• N/A

Q1 UE Resit Assessment Comments (BAB1)

Not applicable.