Programme/Approved Electives for 2023/24
			
		 
None		
			
				Available as a Free Standing Elective
			
		 
No
		
		
		
		
		
		
		
		
			
				This module examines the structure and operation of the foreign exchange market, analysing FOREX derivatives and arbitrage possibilities in the FOREX. The module will also introduce different theoretical and empirical models aimed at explaining how exchange rates react to changes in macro-economic fundamentals.
			
		 
Aims		
			
				The aim of this module is to extend and develop students' understanding of international finance.  The module will familiarise students with the structure of the foreign exchange market, the determinants of the foreign exchange rate, and the characteristics of international financial markets.
			
		 
		
			
				Intended Learning Outcomes
			
		 
		
			
				111utilise and critically evaluate alternative concepts, theories and evidence in relation to the behaviour of exchange rates: 1
			
		 
		
		
			
				20 hours lectures4 hours tutorials 126 hours independent study and assessment preparation
			
		 
		
		
		
			
				Description of Module Assessment
			
		 
1: Coursework weighted 100%Take-home assignmentA 2,000 word take-home assignment covering a mixture of numerical and conceptual problems in international finance to be submitted online. Assignment will be released in week 11 of the term and students will have approximately 1 week to submit.