BFS 765 - International Economics and Banking

International economics and banking covers the fundamentals of the balance of payments and its relationship to exchange rate and interest rate movements. Additionally the course covers the determination of income, employment and inflation in the global economy. The role and implications monetary policy and fiscal policy play out in the international setting is emphasized. A study of the financial management of an international firm involved in multicurrency transactions and the risk it entails will also be discussed. Prerequisite: BFS 710 and BFS 735 3 credits