UnitLevel 2Undergraduate

ECI2721 Trade finance and foreign exchange

Faculty of Business and Economics

ECI2721 Trade finance and foreign exchange is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2027. It needs ECI1100, ECB1101, ECC1000, ECF1100 or ECW1101.

Credit points: 6
Offered in 2027: Other periods; Indonesia
Assessment: No exam; 3 tasks
Workload: 144 hours; per semester

Reviews

No reviews yet. Be the first to review ECI2721.

Requisites

Before ECI2721

Prohibitions

You can't enrol if you have passed any of these.

One of

Prerequisites

Pass these before you enrol.

One of

After ECI2721

No unit lists ECI2721 as a prerequisite in the 2027 handbook.

Enrolment rules

To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.

Equivalent units

The same content under another code. Only one of them counts.

ECF2721Trade finance and foreign exchangeNo reviews yet

Overview

This unit focuses on the topics of international finance and trade. This includes the importance of international finance, the determination of exchange rates, foreign investment, parity conditions, hedging and speculation in foreign exchange markets, foreign exchange markets-spot, forward, futures and options markets, the balance of payments accounts and the effect of macroeconomic policies on trade balance.

Offerings in 2027

Teaching period	Campus	Mode
Monash Indonesia semester 2	Indonesia	On campus

Assessment

Quiz / Test
30%
Written
40%
Presentation
30%

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Learning outcomes

When you finish this unit, you should be able to:

1
understand the operation of foreign exchange markets
2
understand the key factors that influence international financial markets
3
analyse and evaluate the benefits and disadvantages of the various exchange rate systems
4
understand the concept of payments among nations and macroeconomic policies
5
understand and analyse the interactions among the foreign exchange rate, trades, and macroeconomic policies.

Workload and teaching

Workshops24 hours
Seminars12 hours
Teaching approachProblem-based learning
Teaching approachProfessional placement
Teaching approachActive learning

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.

This unit allows you to develop their research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.

This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

Learning resources

Required resources

Feenstra, R. C., and Taylor, A. M. International Macroeconomics, 4th edition, Worth Publishers

Contacts

Chief Examiners: Triana Hadiprawoto

Common questions

What are the prerequisites for ECI2721?

You need ECI1100, ECB1101, ECC1000, ECF1100 or ECW1101 before you enrol. Enrolment rules also apply.

When is ECI2721 offered?

ECI2721 has no offerings listed in the 2027 handbook.

How much work is ECI2721?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ECI2721 have an exam?

No. ECI2721 has 3 assessment tasks and no exam.

More details

Credit points: 6
Level: 2
Study level: Undergraduate
Faculty: Faculty of Business and Economics

Type: Coursework
EFTSL: 0.125
Student contribution: SCA Band 4
Study abroad: Not available
Handbook years: 20262027