To acquaint students with the role of global institutions and monetary system
Meaning, Scope, Importance, Methods of International Payment, International Financial Markets and their functions
- Gold Standard, Gold Bullion Standard, Bretton Woods System, Post Bretton Wood agreements
PPP theory & Balance of Payment theory, Fixed & Flexible Exchange Rates.
Instuments of global Financial Markets- Euro Notes, Commercial Papers, Medium term notes, Floating Rate Notes Euro Bonds and GDRs and ADRs.
Concept, Components, Equilibrium in BOP, Measures to correct disequilibrium.
IMF & World Bank-Objectives, Roles, Achievements, Recent developments, Progress and Criticism.
WTO & its Functions
• 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.