Course FB327.1 · Year III · Summer 2024-2025

INTERNATIONAL FINANCIAL AND MONETARY RELATIONS

Compulsory course in Finance and Banks, taught by Adela Socol.

This course page is from 2024-2025 and is archived.
See this course for the current academic year

Overview

Lecturer
Adela Socol
Seminar tutor
Adela Socol
Type of course
Compulsory
Language of instruction
English
Erasmus language
English
Domain
Finance
Field of study
Finance and Banks
Form of education
Full-time
Form of instruction
Class
Credit awarded by
Grade
Teaching methods
Lecture, conversation, exemplification.
Entry requirements
-

Aims

Purpose of the course is to enable the students understand the evolution and the actual status of the international financial and monetary relations.

-

-

Course contents

1. Introduction to International Relations Contents and role of the international financial and monetary relations 2. Theories of International Relations. Evolution and tendencies of the international financial and monetary relations 3. Challenges and opportunities concerning to the financial crises managing 4. Reform of the protection mechanisms of the financial and monetary systems 5. European Monetary Integration 6. Euro adoption perspectives 7. Characteristics of the currency regime from Romania 8. Impact of the currency politics on the balance of payments 9. Romanian currency's convertibility 10. Capital liberalization in Romania 11. Payments instruments and methods in the international economic transactions

Learning outcomes

Students will be able to:  relate and recognize the direct impact that forces of globalization have on the economic development of nations and regions of the world  explain the core concepts of international economic relations  develop critical thinking skills through analysis of contemporary global issues  identify and solve problems and make decisions using critical and creative thinking concerning the international financial and monetary relations

Assessment

Exam – 80%; verification during semester – 20%.

Recommended reading

• Iuga I., Socol Adela, Research upon the Relation between the Entrepreneurial Phenomenon and the Economic Growth, Revista Tinerilor Economişti (The Young Economists Journal), An XII - Nr. 24, p. 73-84, 2015, ISSN 1583-9982.
• Socol Adela, Drigă I., Real convergence in Romania - a comparative approach to non-ERM II countries from Central and Eastern Europe, Analele Universității din Petroșani, Economics - Annals of the University of Petroșani, Economics, 13(1), p. 261-27
• Socol Adela, Concerns regarding to successful adoption of the Euro in Romania, Revista Tinerilor Economişti (The Young Economists Journal), An IX - Nr.18, p.166-174, 2012, ISSN 1583-9982.