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 2024 in Semester 2 at Malaysia. It needs ECS1101, ECW1101, ECC1000, ECM1953, ECF1100 or ECB1101 and unlocks 1 unit.
- Credit points
- 6
- Offered in 2024
- Semester 2
- Malaysia
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for ECW2721. This is its 2024 entry, the latest one.
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Requisites
Before ECW2721
Prerequisites
Pass these before you enrol.
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 2024
| 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
- Tutorials24 hours
- Teaching approachCase-based teaching
- Teaching approachActive learning
- Teaching approachProblem-based 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 case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective 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.
Learning resources
Required resources
Salvatore, D. (2019), International Economics, (13th ed), John Wiley & Sons.
Where it fits
ECW2721 is part of 3 areas of study in the 2024 handbook.
Contacts
- Chief Examiners
- Dr Eunbi Song
Common questions
What are the prerequisites for ECW2721?
You need ECS1101, ECW1101, ECC1000, ECM1953, ECF1100 or ECB1101 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 2024, 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.