International Financial Markets

Lecturer:

Prof. Dr. Johannes Pfeifer

Workload:

150 hours; Contact hours: 36h; Self-study: 114 hours  

ECTS:

5 ECTS

Module no. (Course no.):

2480 (24801 + 24802)

Content: 

This course introduces the participants and activities of the financial and foreign exchange markets. A central topic is the pros and cons of international capital mobility. It also covers stylized facts of modern financial markets (e.g., adverse selection, credit rationing), and addresses the most important theories of modern financial market crises, such as currency, banking and debt crises.

Learning outcomes: 

In this module, students will learn about the importance and functioning of international factor markets, using international financial markets as an example.

Assessment:

20-minute oral examination

Course materials: 

• Hull, J. C. (2019): Optionen, Futures und andere Derivate, 10. Auflage, München: Pearson Studium.
• Feenstra/Taylor (2020): International Economics, Macmillan, 5. Auflage