1. COURSE OBJECTIVES
This course is designed to provide students of all majors with a comprehensive introduction and overview of international finance with emphasis upon monetary and macroeconomic relations as well as capital mobility between countries to explain the real issues in the world and Vietnam relating to the causes of exchange rate movements, the monetary and exchange rate issues and policies between countries, the implications of monetary and macroeconomic linkages between countries, the balance of payments problems, the capital mobility, the international financial markets, the international financial institutions, the financial and banking services integration, and the international monetary system’s issues. This course aims at equipping students with:
- Knowledge about exchange rates, exchange rate determination and exchange rate policy;
- Knowledge about the fundamentals of and approaches to the balance of payments;
- Knowledge about international financial markets;
- Overview of international monetary system and international financial institutions;
- Introduction to recent financial and currency crisis.
2. COURSE CONTENT
No.
Content
Time Allocation
Contribution to CLO
Hour(s) on the class
Essays, exercise, Assignments
Self-study with teacher’s tutorials
Lecture
Practice, Seminar
1
Chapter 1. An overview of international finance
3
0
0
7
1,2,3,4,5,6,7,9
2-8
Chapter 2: The fundamentals of exchange rates
14
7
3
38.5
1,6,7,8,9,10,11,12
9-10
Chapter 3: The balance of payments
4
2
3
11
2,6,7,8,9,10,11,12
11-12
Chapter 4: International financial markets
3
3
6
9.5
3,6,7,8,9,10,11,12
13
Chapter 5: International monetary systems and financial institutions
3
0
3
7
4,6,7,9,10,11,12
14-15
Chapter 6: International financial crises
3
3
7.5
9.5
5,6,7,9,10,11,12
Total
30
15
22.5
82.5
3. COURSE ASSESSMENT
- Score ladder: 10
- Type of assessment
Form
Content
Criteria
CLO
Propor -tion
Formative
Attendance
Attendance assessments are conducted in the form of class attendance checking, homework assignments, oral presentation, and/or in-class/at-home assignments, etc.
- In-class/at-home assignments:
+ Format: In-class assignment can be in form of short answer test, essay questions, or exercises.
+ Content: Both theoretical and practical knowledge of the topics have been studied which will be assigned by the instructor.
The number of attendances and participation in lesson.
Each class attending or workout is counted as 1 attendance point.
- Class attendance checking: maximum to 10 times.
- Doing homework checking: maximum to 1 time
+ Doing homework: 1 attendance point
+ Not doing homework: 0 attendance point
- Oral presentation checking: maximum to 1 time
+ Preparing for presentation by giving their answers to the instructor’s questions or analyzing the topic straight to the point: 1 attendance point
+ Not preparing for presentation: 0 attendance point
- In-class/at-home assignments: maximum to 3 times.
+ Short answer test, essay questions: A clear and deep analysis will be given a maximum of 10 points.
+ Exercises: Correct answers and good written presentation will be given a maximum of 10 points.
+ Generic creteria:
- The assignment, which is given from 8.5 to 10, will get 1 attendance point.
- The assignment, which is given 7 to under 8.5, will get 0.5 attendance points.
- The assignment, which is given 5.5 to under 7, will get 0.25 attendance points.
- The assignment, which is given under 5.5, will get 0 attendance point.
1,2,3,4,5,
6,7,8,9,12
10%
Midterm test
- Format: At-home assignment.
- Content: Both theoretical and practical knowledge of the topics have been studied which will be assigned by the instructor.
- At-home assignment can be in form of an essay:
+ Format: A 6,000-10,000-words essay will be printed in A4 using Times New Roman font, size 14, 1.5 space, margins of 2.5cm top and bottom, 3.5cm left, 2cm right.
+ Students will be asked to form groups of max 5.
+ Content: The essay provides an opportunity for the students to demonstrate their general understanding on topics covered during the course with more focus on chapter 5 and 6. It will also enable students to get into more practical issues such as collecting data and carrying out some basic quantitative estimation. The topic will be assigned by the instructor or suggested by the student with the instructor’s acceptance.
- Evaluation criteria for at-home assignment:
+ Appropriate structure and consistency/logic: 1 point
+ Good presentation: 1 point
+ Reasoned argument and conclusion: 3 points
+ Scope of research: 1 point
+ Critical analysis: 3 points
+ Good referencing: 1 point
Total: 10 points
- Extra credit: Students, who participate actively, make presentation, do homework well, and respond well to the instructor’s questions and exercises during the lectures, practices, and seminars, can be given an extra credit (bonus point) of maximum 0.5 to summative assessments (mid-term exam) for each time. The maximum bonus in total is 1.5 (Instructors decide to add points).
1,2,3,4,5,6,7,8,9,
10,11,
1230%
Summative
Final test
- Format: In-class written exam in max. 60 minutes. The in-class written exam can be in form of 30-40 multiple-choice questions and/or 02-04 essay/exercise questions (in which, 01-02 theory-based question and 01-02 practical question) (flexible mark for each question). Students are not allowed to use any material during the exam, but are allowed to bring a calculator with you.
- Content: All the learning outcomes will be assessed in the written examination. Both theoretical and practical knowledge of the topics have been studied which will be assigned by the instructor.
- Evaluation criteria for the exam including 2 parts (multiple-choice questions and essay/exercise questions):
+ For multiple-choice questions: Correct answers of multiple-choice questions will be given maximum of 6 points.
+ For essay/exercise question: Concise answers and good written presentation/A clear and deep analysis will be given a maximum of 4 points.
- Evaluation criteria for the multiple-choice questions exam: Correct answers of multiple-choice questions will be given maximum of 10 points.
- Evaluation criteria for the essay/exercise questions exam:
+ Essay questions: A clear and deep analysis will be given a maximum of 5 points, specifically for each question:
- Understand the issue: 20%
- Solving the issue: 20%
- Analyze the issue: 20%
- Giving example: 20%
- Expression: 20%
Total: 100%
+ Exercise questions: Concise answers and good written presentation will be given a maximum of 5 points.
1,2,3,4,5,
6,7,9,
1260%
Total:
100%