Finance internationale

The course offers students a foundational understanding of modern international finance theory, particularly focusing on exchange rates. It highlights the key distinctions between these markets and others, providing context for contemporary issues in international exchanges.

Chapter 1: General Introduction
Chapter 2: Exchange Rate and Open Economy Macroeconomics
Chapter 3: Exchange Rates and the Foreign Exchange Market
Chapter 4: Price Levels and the Exchange Rate in the Long Run

• Grasping modern international challenges related to trade policies and currency valuation.
• Comprehending the foreign exchange market, particularly the determination of
  exchange rates through the concept of purchasing power parity.

• Session 1

Formule standard :
Type : Écrit
Durée : 1h30
Contenu : Évaluation écrite (partiel traditionnel)

Formule dérogatoire :
Type : Écrit
Durée : 1h30
Contenu : Évaluation écrite (partiel traditionnel)

• Session 2 :

Type : Écrit
Durée : 1h30
Contenu : Évaluation écrite (partiel traditionnel)

Intermediate microeconomics and macroeconomics.

Understand simple economic models, interpret charts depicting economic relationsips, use simple analytical tools to draw arguments causes and effects.

• P. Krugman, M. Obstfeld et M. Melitz (2018), International Finance: Theory and Policy – Pearson (11ème édition)
• P. Krugman, M. Obstfeld et M. Melitz (2022), International Economics: Theory and Policy – Pearson (12ème édition)
• F. Mishkin (2013), The Economics of Money, Banking, and Financial Markets – Pearson (10ème édition)