Advance International Finance

Paper Code: 
ABF 202
Max. Marks: 
100.00
Objective: 

To acquaint students with the theory of Foreign exchange market and transactions

8.00
Unit I: 

Foreign Exchange Markets: Meaning, Functions , Factors influencing exchange rates.Major Participants: Spot, Forward Exchange , Future, Option, Arbitrage

8.00
Unit II: 

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.

8.00
Unit III: 

Determination of exchange rates –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.

8.00
Unit IV: 

International Banking: Meaning, Features, Types of International Banking offices and Offshore Banking.

8.00
Unit V: 

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 Naran Agarwal Educational Publisher, Arga.
Academic Year: