This course should aid to students knowledge concerning international finances, international financial surrounding, to understand the behavior of exchange rates, to implement risk management of exchange rates and the determinants of exchange rates and derivatives. The influence of economic policy on the exchange rates will be discussed, international trade and exchange rate parity, and the relationships between inflation, interest rates exchange rates and forecasting of changes in exchange rates.
A special place in the course will have the treatment of the exposure of the country on the international exchange rate fluctuations and management with the different types of exposure. The students will eventually get knowledge for foreign direct investments, international capital budgeting.
Mandatory literature:
- Madura, J.: International financial management. 2008, p.700.
- Кејв, Ричард Е.; Франкел, Џефри А.; Џоунс, Роналд В.: Светска трговија и плаќања. Скопје, 2011, с. 712.
- Хил, Чарлс В. Л.: Меѓународен бизнис: конкурирање на глобалниот пазар. Четврто издание. Скопје, 2012, с.504+ (превод)
- Кругман, П., Обстфелд, М.: Меѓународна економија. Теорија и практика. Скопје, 2008, s.717+
Additional literature:
- Eun, Cheol & Resnick, Bruce: International financial management. 2007, p.536.
- Eiteman, David, K.; Stonehill, Artur I., Moffett, Michael H.: Multinational business finance. 2007, p.746+
- Шајноски, А.: Доларот vs. светска валута, Скопје, 2009, с.345.
- Фотов, Ристо, Меѓународни финансии. Скопје, 2010, с.430.
- Luk, K., International trade finance: A practical guide, 2004.
- Ball, Donald A.; McCulloch, Wendell H.; Franz, Paul L.; Geringer, Michael J.; Minor, Michael S.: International business. 2004, p.714.
- Rakita, Branko: Medjunarodni biznis i menadzment. Beograd, 2006, s.651.
- Miljković, Dejan: Međunarodne finansije. Beograd,2008, s.424.
- Barać, Slobodan; Stakić, Budimir; Hadžić, Miroljub; Marko Ivaniš: Praktikum za bankarsko poslovanje. Beograd, 2007, s.344-464.
