To acquaint students with the theory of Foreign exchange market and transactions.
Meaning, Functions , Factors influencing
exchange rates.Major Participants: Spot, Forward Exchange , Future, Option, Arbitrage
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.
Equilibrium Rate of exchange-Mint Parity theory-PPP theory and Balance of Payment theory. Causes of fluctuations in Exchange rates. Fixed and Flexible Exchange Rates.
Meaning, Features, Types of International Banking offices and Offshore Banking.
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.
• 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.
• 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.