| 1. Understands the international financial system and its historical development, and analyzes the effects of globalization on financial markets.
2. Learns about foreign exchange market dynamics and theories, and applies the fundamental theories that determine exchange rates.
3. Evaluates the effects of foreign trade and capital flows on the national economy by examining balance of payments items; interprets the causes of balance of payments deficits and potential solutions using concrete examples.
4. Students learn about international financial instruments and derivatives and explain the structure of Eurobonds, global and foreign bonds, as well as derivatives such as forwards, futures, options, and swaps, and their use for hedging against financial risks.
5. Evaluates the causes of international financial crises, their transmission mechanisms, and the role of early warning systems in preventing crises using a holistic approach. |