ECW2721 Trade finance and foreign exchange
Faculty of Business and Economics
ECW2721 Trade finance and foreign exchange is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 2 at Malaysia. It needs ECF1100, ECS1101, ECB1101, ECW1101 or ECC1000 and unlocks 1 unit.
- Credit points
- 6
- Offered in 2020
- Semester 2
- Malaysia
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2020 handbook entry. See the 2024 entry.
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Requisites
Before ECW2721
Prohibitions
You can't enrol if you have passed any of these.
After ECW2721
1 unit list ECW2721 as a prerequisite or corequisite.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit focuses on the topics of international trade, finance and foreign exchange. This includes the balance of payments, the operation of foreign exchange markets, and the exchange rates, and alternative exchange rate systems, foreign exchange risks, exchange rate determination, and international monetary system in the open-economy macroeconomics.
Offerings in 2020
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Malaysia | On campus |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand payments among nations and the monetary approach to the Balance of Payments
- 2
study the operation of foreign exchange markets and alternative exchange rate systems
- 3
acquire essential skills for managing foreign exchange risk
- 4
learn macroeconomic adjustment mechanism with different exchange rate systems
- 5
demonstrate in the assessment task the acquisition of a comprehensive understanding of the topics covered in this unit.
Workload and teaching
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. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Learning resources
Required resources
Robert J. Carbaugh (2019). INT ERNATIONAL ECONOMICS . 17 th edition. Cengage. ISBN. 978-1-337-55893-8
Dominick Salvatore (2014). International Economics: Trade and Finance. International Student Version. 11 th edition. John Wiley & Sons Ltd. ISBN:978-1-118-17794-5.
Regular reading of newspapers (e.g., The Financial Review) and business weekly publications (e.g., The Economist, The Business Review Weekly) will help substantially to relate the current issues with the subject topics.
Where it fits
ECW2721 is part of 3 areas of study in the 2020 handbook.
Contacts
- Chief Examiners
- Associate Professor Wai Ching Poon
Common questions
What are the prerequisites for ECW2721?
You need ECF1100, ECS1101, ECB1101, ECW1101 or ECC1000 before you enrol.
What can I take after ECW2721?
ECW2721 is a prerequisite or corequisite for 1 unit, including ECW3301.
When is ECW2721 offered?
In 2020, ECW2721 runs in Semester 2 at Malaysia.
How much work is ECW2721?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECW2721 have an exam?
No. ECW2721 has 1 assessment task and no exam.
Which majors and minors include ECW2721?
ECW2721 is part of Applied economics and International business management.