Fundamentals of International Finance

This textbook provides a comprehensive and accessible analytical framework of international finance, covering three main areas: The International Financial Environment, Determinants of Exchange Rate, and Exchange Rate Policy, with engaging and refreshing content and exercise and solution keys for self-learning and teaching.

Format: Hardback
Length: 644 pages
Publication date: 23 May 2023
Publisher: Peter Lang International Academic Publishers

This comprehensive textbook offers a thorough and accessible analytical framework of international finance, encompassing both theory and practice. It delves into three primary areas:
1. The International Financial Environment: This section provides an overview of the global financial system, including institutions, markets, and economic policies. It explores the factors that shape the international financial landscape and the relationships between different countries and regions.
2. Determinants of Exchange Rate and Exchange Rate Policy: This chapter examines the factors that influence the exchange rates between currencies. It discusses the theories of exchange rate determination, such as the balance of payments model, the interest rate parity model, and the asset price model. It also explores the policies adopted by central banks to manage exchange rates and maintain economic stability.
3. Foreign Exchange Derivatives: This section introduces the concept of foreign exchange derivatives and their uses in risk management and speculation. It discusses the different types of derivatives, such as forwards, options, and swaps, and their applications in hedging and trading strategies.

Designed with a wide range of learners in mind, this textbook is suitable for individuals at all levels of education, from college students to professors. Its engaging and refreshing style encourages active learning, rewarding effort over sometimes complex concepts. The book emphasizes learning by example, presenting theories and methods through practical examples and exercises. Each chapter concludes with exercise and solution keys to facilitate self-learning and support the teaching process.

By providing a comprehensive and practical understanding of international finance, this textbook serves as a valuable resource for students, professionals, and anyone interested in gaining a deeper insight into the world of global finance.

Weight: 1035g
Dimension: 229 x 152 (mm)
ISBN-13: 9781800798052
Edition number: New ed