Durham University
Programme and Module Handbook

Postgraduate Programme and Module Handbook 2021-2022 (archived)

Module ECON409JN: INTERNATIONAL FINANCE

Department: Economics and Finance

ECON409JN: INTERNATIONAL FINANCE

Type Tied Level 4 Credits 15 Availability Not available in 2021/22
Tied to N3K109J

Prerequisites

  • None

Corequisites

  • EITHER Advanced Financial Theory (ECON412JN) OR Advanced Macroeconomics (ECON448JN)

Excluded Combination of Modules

  • None

Aims

  • develop students' advanced knowledge and critical understanding of international finance;
  • develop students' ability to critically understand frontier theoretical and empirical issues in international finance;
  • offer students the opportunity to develop key analytical and technical skills in dealing with problems in international finance in a global economic environment.

Content

  • Economics of exchange rates;
  • Purchasing power parity;
  • Models of exchange rates;
  • Foreign exchange market efficiency.

Learning Outcomes

Subject-specific Knowledge:
  • have explored, understood and appreciated the complexity and diversity of the current academic literature and its implications for professional practice, and be able to identify open questions for their own research.
Subject-specific Skills:
  • be able to use highly specialised and advanced technical, professional and academic skills in analysing exchange rates, and more generally asset pricing in a global economy;
  • be able to master problem solving and analytical skills in a challenging global environment, and other complex specialised contexts.
Key Skills:
  • Written Communication;
  • Planning, Organising and Time Management;
  • Problem Solving and analysis;
  • Using Initiative;
  • Numeracy;
  • Computer Literacy.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • A combination of lectures, seminars and guided reading will contribute to achieving the aims and learning outcomes of this module. The summative written examination will test students' knowledge and critical understanding of the material covered in the module, their analytical and problem-solving skills.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Lectures 9 1 per week 2 hours 18
Seminars/Workshops 4 fortnightly 1 hour 4
Preparation & Reading 126
Revision 2 1 hour 2
Total 150

Summative Assessment

Component: Examination Component Weighting: 100%
Element Length / duration Element Weighting Resit Opportunity
Unseen written examination 2 hours 100% Same

Formative Assessment:

Students will receive written comments on a formative written assignment. Additional formative assessment, and feedback, may take a number of forms such as: oral feedback on work prepared by students for seminars; answers to questions either discussed during a seminar or posted on DUO.


Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University