Finance

Lecturer:

Daniela Čermáková, Zbyněk Revenda

Tutor:

Daniela Čermáková, Zbyněk Revenda

Supervisor:

Department of Manager Studies

Synopsis:

Money, monetary market, Banking system and non-banking financial intermediaries, Capital market, Money demand, Inflation, Exchange market, Central banking and monetary policy. Balance of payments (balances and their interpretation in economy). Foreign exchange rate (systems, fundamental and technical analysis). Foreign exchange exposure and risk. Foreign exchange operations (forward, swap, futures, options, speculating, calculation). Direct and portfolio foreign investments. European monetary and capital markets (Eurobanks, Eurocredit, Eurobond market). International financial and monetary institutions (IMF, EMU).

Requirements:

Completion of basic economics subjects.

Syllabus of lectures:

Syllabus of tutorials:

Study Objective:

This subject aims to provide a basic knowledge of how the bank system and financial (foreign exchange) markets operate with respect to their microeconomic and macroeconomic aspects. The course also includes an explanation of the basic economic terms in the field of monetary economy and central banking. This course aims to provide a general knowledge of international financial relationships. It includes topics such as foreign exchange operations, foreign exchange rate, direct and portfolio investments, foreign exchange exposure and risk. Solutions to some typical examples from international investment, foreign exchange hedging, speculating and calculation are taught.

Study materials:

BRADA, J. - KODERA, J. - REVENDA, Z. - MANDEL, M. - MUSÍLEK P. - DVOŘÁK,P.: Peněžní ekonomie a bankovnictví, Praha,Management Press, 2000, ISBN 80-7261-031-7.DURČÁKOVÁ J. -MANDEL, M.: Mezinárodní finance, Praha, Management Press,2003, ISBN 80-7261-090-2.MUSÍLEK,P.: Finanční trhy a investiční bankovnictví,Praha,ETC Publishing, 1999, ISBN 80-86006-78-6.REVENDA Z.: Centrální bankovnictví, Praha,Management Press, 2001, ISBN 8072610511. MARKOVÁ, J.:Mezinárodní měnové instituce, Praha, Oeconomica, 2002, ISBN 80-245-0431-6.

Note:

Time-table for winter semester 2011/2012:

Time-table is not available yet

Time-table for summer semester 2011/2012:

Time-table is not available yet

The course is a part of the following study plans: