<p> Facultatea de Științe Economice și Gestiunea Afacerilor Str. Teodor Mihali nr. 58-60 Cluj-Napoca, RO-400951 Tel.: 0264-41.86.52-5 Fax: 0264-41.25.70 [email protected] www.econ.ubbcluj.ro</p><p>Department: Finance Discipline: International Finance Universitary Year: 2017-2018</p><p>SYLLABUS</p><p>Subject 1. International Monetary System 1.1.The International Monetary System: Past, Present and Future. 1.2. From European Monetary System to European Monetary Union. </p><p>Subject 2. The Foreign Exchange Market Architecture 2.1. The foreign exchange market concept. 2.2. The foreign exchange market participants. 2.3. Type of orders used on foreign exchange market.</p><p>Subject 3. Foreign currency and exchange rate arrangements. 3.1. Contemporary exchange rate arrangements. 3.2. The emerging markets and the choise of exchange rate arrangement. 3.3. The prices, the interest rates and the exchange rates at equilibrium. 3.4. How can be test a parity condition? 3.5. Exchange rate determination. 3.6. Exhange rate forecast methods.</p><p>Subject 4. Foreign currency transactions typology. 4.1. Spot transactions. 4.2. Forward transactions. 4.3. Futures transactions. 4.4. Options transactions. 4.5. Swaps.</p><p>Subject 5. The Euromarkets 5.1. The Eurocurrencies market. Eurodollars creation. 5.2. The Eurobonds market. From foreign bonds to eurobonds.</p><p>Subject 6. The balance of payment 6.1. Balance of payment fundamentals. 6.2. The balance of payments general architecture. 6.3. The balance of payment interaction with major macroeconmic indicators. 6.4. The Commercial balance and the exchange rates. Subject 7. Crypto currencies 7.1. Bitcoin. 7.2. Other crypto currencies.</p><p>Subject 8. The International Monetary Fund (IMF) and the World Bank 8.1. What is and which is the future of International Monetary Fund? 8.2. The role of IMF in emerging markets. 8.3. The future of World Bank. 8.4. The role of World Bank in sustainable development.</p><p>Subject 9. The role of international financial institutions in preventing and fitting against the international financial crisis. 9.1. Other international financial institutions. 9.2. Asian crises. 9.3. Russian crisis. 9.4. Argentinean crisis. 9.5. Subprime crisis.</p><p>Bibliografie:</p><p>1. Antonopoulos A., Mastering Bitcoin – Unlocking digital cripto - currencies, Ed. O’Reilly, 2010</p><p>2. Bellettini Giorgio, International Finance, Alma Graduate School, suport curs MBA, 2011</p><p>3. Copeland L.S., Exchange Rates and International Finance, 4th. Ed., Pearson, 2005</p><p>4. Eiteman D., Stonehill A., Moffett M., ed.13, Multinational Business Finance, Pearson International Edition, Boston, 2013</p><p>5. Făt C. M., Finanţe Internaţionale, Ed. Casa Cărţii de Ştiinţă, Cluj-Napoca, 2011</p><p>6. Halwood P.C., MacDonald R., International Money and Finance, 3rd.ed., Ed. Blackwell Publishing, 2000, reeditată 2007</p><p>7. Houston J.F., Crum R.L., Brigham E.F., Fundamentals of International Finance, Ed. Thomson/ South-West, 2005 </p><p>8. Hull J., Options futures and other derivatives, ed. 7., Ed. Pearson – Prentice Hall, 2009</p><p>9. Krugman P., Obstfeld M., International Economics – theory and policy, 9th ed., Ed. Addison Wesley, 2011 </p><p>10. Levi D.M., International finance, Ed. Routledge, 2005</p><p>11. Levich Richard, International Financial Markets – Prices and Policies, McGraw Hill International, Boston, 2001 12. Mishkin F.S., The economics of Money, Banking and Financial Markets, Ed. Pearson Education Limited, 2012 </p><p>13. Piet Sercu, International Finance. Putting Theory Into Practice, Leuven School of Bussiness, Katholieke Universiteit Leuven, 2008</p><p>14. Rath S., Eiteman D.K., Multinational Business Finance, ed.2, Ed. Pearson Education Australia, 2010</p><p>Head of Department Responsible of Subject Proffesor Phd.Cristina CIUMAȘ Associate Professor Phd. Codruța Maria FĂT</p>