The course is an introduction to international finance that is financial exchanges between nations. The first part is a general overview of international financial exchanges and introduces the various concepts of a nation’s balance of payments. Subsequently the course presents a general overview of the foreign exchange market and the parity conditions determined by the market. The course then discusses the basic balance of payments theories and theories of the determination of the exchange rate. Throughout the course emphasis is given on the applications of international finance to contemporary inter country financial relations and examples are provided to illustrate the theories drawn from the experience of the European Union and the role of the euro in the global financial system.
An applied sciences research-orientated university, promoting research excellence and innovation for the benefit of science and society. Recently developed strategic plan gives emphasis on campus life, student experience and sustainable development within the 17 UNSDG’s framework.
CUT is young, public university, established in 2004, first outside the capital city, attracted high-caliber researchers and students.