International Finance

Paper Code: 
ABF 102
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To Acquaint students with the role of international institutions and Monetary system

10.00
Unit I: 
International Finance

Meaning – Scope of International Financial Management –Factors contributing to growth in International Finance–importance, methods of payment, letter of credit – Types, parties, procedure. Difference between Domestic & International finance

10.00
Unit II: 
International Financial Market

Meaning and functions of the Financial Market. Recent Changes in Global Financial Markets,
International financial instruments (Elementary Knowledge) – Euro notes, Euro commercial papers, Euro bond, ADR and GDR

10.00
Unit III: 
International Monetary System

Gold Standard, Gold Bullion Standard, Bretton Woods System, Post Bretton Wood agreements

8.00
Unit IV: 
IMF & World Bank

Objectives, Roles, Achievements, Recent developments, Progress and Criticism

7.00
Unit V: 
IFC & IDA, ADB

Objectives, Roles, Functions, and Achievements

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: