• A
  • A
  • A
  • АБВ
  • АБВ
  • АБВ
  • А
  • А
  • А
  • А
  • А
Обычная версия сайта

Theory of Finance

2019/2020
Учебный год
ENG
Обучение ведется на английском языке
3
Кредиты
Статус:
Курс по выбору
Когда читается:
2-й курс, 3 модуль

Преподаватели

Course Syllabus

Abstract

The course aim is to introduce main concepts of finance science and to present basics concerning finance in macro and microeconomic levels. The students will learn how to apply the theoretical concepts to real-life cases in the area of finance
Learning Objectives

Learning Objectives

  • to understand structure and functions of financial system
  • to understand operating basics of financial markets
  • to be able to use financial concepts to real life situations in the area of finance
Expected Learning Outcomes

Expected Learning Outcomes

  • To know basic financial concepts
  • To be able to apply key financial concepts to real life problems
  • To understand the principles of international finance
  • To be able to trace and make conclusions upon international financial transactions
  • To know the components of financial system
  • To understand the specifics of Russian financial system
  • To know how financial markets are organised
  • To know main types of market securities
  • To be able to apply principles of market pricing to securities
Course Contents

Course Contents

  • Key concepts in Finance
    Key concepts in Finance: Risk and Return, Time Value of Money, Cash Flows.
  • International Finance and Monetary Policies
    • the concept of international markets • exchange rates and international trade • main principles of fiscal and monetary policies • the difference between expansionary and contractionary policies
  • Financial system. Specific features of financial system in Russia
    Financial system, its components. Specifics of Russian financial System. Banking System. Financial Markets. Money. Inflation. The history of RFS. Inconsistencies and future development
  • Financial markets and financial institutions.
    Theories of financial markets: efficient markets theory; arbitrage theory; equity securities and debt (fixed-income) securities; investment funds, hedge funds, ETFs. Derivatives. Stock exchanges. Financial infrastructure. Market assets and their value
Assessment Elements

Assessment Elements

  • non-blocking Class activity
  • non-blocking Group project
  • non-blocking Individual project
  • non-blocking Final exam
    The exam is held in a written form (close-book test) at LMS platform. You should be online 5 minutes before the official start of the exam. The students must be online during the whole period of the exam (80 minutes). If a student faces with technical problems during the exam, she should notify the teacher immediately by email, attaching the screenshot affirming the state of the problem.
Interim Assessment

Interim Assessment

  • Interim assessment (3 module)
    0.2 * Class activity + 0.4 * Final exam + 0.2 * Group project + 0.2 * Individual project
Bibliography

Bibliography

Recommended Core Bibliography

  • Krugman, P. R., Obstfeld, M., & Melitz, M. J. (2015). International Economics: Theory and Policy, Global Edition (Vol. Tenth edition, global edition). Boston: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=1419045

Recommended Additional Bibliography

  • Rita Biswas, & Michael Michaelides. (2019). Essays in Financial Economics. Bingley: Emerald Publishing Limited. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=2181120
  • Warburton, C. E. S. (2018). The Development of International Monetary Policy. London: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=1575730