Course Details in

Module Title	LM Foreign Exchange Markets
School	Birmingham Business School
Department	Economics
Module Code	07 28818
Module Lead	Andrew Mullineux
Level	Masters Level
Credits	10
Semester	Semester 1
Pre-requisites
Co-requisites
Restrictions	None
Exclusions
Description	This module is about the markets for foreign exchange and other foreign financial assets. Different methods of determining foreign exchange rates are considered together with the reasons for variation in exchange rates. Some techniques of hedging foreign exchange risk are also considered.
Learning Outcomes	By the end of the module, students should be able to: demonstrate how to perform a range of transactions on foreign exchange markets; critically evaluate theories of foreign exchange rates and apply the theories; predict the direction of change in foreign exchange rates; and critically assess the strengths and weaknesses of a range of techniques that are often used to reduce foreign exchange risk and apply the techniques.
Assessment	28818-01 : Group Report : Group Assessment - Coursework (30%) 28818-02 : Exam : Exam (Centrally timetabled) - Computer based (50%) 28818-04 : Continuous Assessment : Coursework (20%)
Assessment Methods & Exceptions	Main assessment: Continuous assessment (20%), Group report 3,000 words (30%) & 1 hour exam (50%). Re-assessment: MCQ (20%), 750 word individual assignment (30%) & 1 hour exam (50%). Students only resit the failed component
Other	None
Reading List