Objective: 
To acquaint the students with practical and theoretical knowledge about an international finance in the macro- and micro-economic aspects

Assessment: 
Written examination
(The Class Colloqium – 30% ; The Final Exam – 70%)

Contents: 
The currency exchange rates for: the forex market; the futures market; the swap market; and the currency options market.

Lectures
1. The forex market structure.
2. The exchange rates quotations and the cross rates.
3. Speculations on the forex market.
4. The FX market and the special quotations of the exchange rates.
5. The currency swap market.
6. The currency options.
7. The European option and the American option.

Recommended reading: 

• R.G. Hubbard (1994), Money, the Financial System and the Economy, Addison, Wesley Publishing Company.
• International Finance, Jakubczyc J., Kluwer, Warszawa, 2012