Advance International Finance

Paper Code: 
FSG 217
Contact Hours: 
45.00
Max. Marks: 
100.00
9.00
Unit I: 
Foreign Exchange Markets

Functions, Participants, Factors influencing exchange rates. Spot rate, Forward rate , Future , Option and Arbitrage

9.00
Unit II: 
Exchange Control & Balance of payment

Exchange Control- Meaning, Features, Objectives, Methods, Merits & Demerits, Exchange control in India.

Balance of payment: Meaning, Components, BOP v/s BOT, Disequilibrium in BOP, Rectification of disequilibrium.

9.00
Unit III: 
Exchange Rate Determination

Exchange Rate Determination-Demand for foreign exchange, Supply of foreign exchange, Theories of Foreign Exchange Rate-Mint Parity theory-PPP theory and Balance of Payment theory. Causes of fluctuations in Exchange rates. Fixed and Flexible Exchange Rates.

9.00
Unit IV: 
International Banking & International Investment

International Banking: Meaning, Features, Types of International Banking Offices, Offshore Banking & NBFCs

International Investment: Meaning, Types of foreign private investment, Significance of foreign Investment, Cross Border Mergers and Acquisitions

9.00
Unit V: 
Foreign Aid to India & WTO

Foreign Aid to India- Role, Impact of Foreign aid on India’s Economic development and Problems of Foreign Aid.

WTO- Introduction, Objectives, Functions and India & WTO.

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.

Academic Year: 
2019-2020
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