Introduction to International Finance


Lecturer: Dr. Philipp Mundt

The lecture covers theories that approach foreign exchange markets and exchange rate determination from a finance perspective. Relevant topics include the importance of investors’ expectations and speculative behavior in the foreign exchange market and their role in explaining excess volatility of foreign exchange rates compared to macroeconomic fundamentals. We also discuss the effects of political interventions to curb speculative activity and the determinants of major historical currency crises. Topics include (but are not limited to):

  1. Trading volume and organization of the international financial market
  2. Foreign exchange markets and macroeconomic theory
  3. Speculation, excess volatility and stabilization of the exchange rate
  4. Exchange rate crises and speculative attacks

The course is taught in English.

More information on this course can be found here:

Introduction to International Finance(72.0 KB)