Political economy of financial markets 2104-M-D1EPRF
The purpose of this seminar is to deliver students with knowledge about the international financial market. The nature, origin, features, structure and participants of the international financial market will be presented. The role of international financial market for national economies will be talked over. The money market, the capital market and the currency market will be discussed. Their nature, instruments and the risks of investments in the financial market will be described. Different securities will be analyzed: shares, bonds, derivative contracts (forwards, futures, options and swaps). Great Depression and financial crisis of 2008 will be discussed. The reasons and consequences of the crisis will be discussed. The fiscal and monetary reaction will be analysed.
Prerequisites (description)
Course coordinators
Learning outcomes
Students will be able to define the international financial and currency market. They will know his participants, instruments and they will be able to point out the main developments. Students will be able to analyze, explain and interpret events on financial market. Students will be able to select and analyze information about international financial and currency market. The student can promote knowledge about international relations.
K_W01, K_W05, K_U01, K_U02, K_U03, K_U04, K_K01, K_K02, K_K05
Assessment criteria
written exam
time: 30 minutes
number of questions: 2
individual course of study
Individual project in written form. Lenght: 40000-60000 symbols. Text structure: Introduction, 3-4 chapters, conclusions and bibliography. The introduction must include: research question/ research hypothesis and description of methodology.
Practical placement
not applicable
Bibliography
W. Dębski, Rynek finansowy i jego mechanizmy. Podstawy teorii i praktyki, Warszawa 2007.
A. Sopoćko, Rynkowe instrumenty finansowe, Warszawa 2005.
E. Pietrzak, K.Szymański, Międzynarodowy rynek walutowy i finansowy, Gdańsk 1991.
A.M. Chisholm, Wprowadzenie do międzynarodowych rynków finansowych, instrumenty, strategie, uczestnicy, Warszawa 2011.
K. Jajuga, Wprowadzenie do inwestycji finansowych. Depozyty i instrumenty rynku pieniężnego, Warszawa 2009.
J. Czekaj (red.), Rynki, instrumenty i instytucje finansowe, Wyd. 2., Warszawa: Wydawnictwo Naukowe PWN, 2017.
A. Oleksiuk, Międzynarodowe rynki finansowe i centra światowych finansów, Warszawa : Difin, 2017.
R. W. Włodarczyk, Międzynarodowe rynki finansowe: współczesne problemy i wyzwania, Kraków : Wydawnictwo Uniwersytetu Ekonomicznego, 2017.
T. Kamiński, Pieniądze w służbie dyplomacji: państwowe fundusze majątkowe jako narzędzie polityki zagranicznej, Łódź : Wydawnictwo Uniwersytetu Łódzkiego, 2018.
R.Ulatowski, Geoekonomia surowców energetycznych, Wydawnictwo Rambler 2014.
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: