Course aims:

facilitating the knowledge, understanding of the basic concepts, theories and methods of the field of commodity exchanges, their proper use in professional communication;
facilitating the students' use of the basic knowledge for explaining and interpreting stock market developments, the importance of using commodity exchanges for marketing products or for supply;
understanding the mechanism of trading on commodity exchanges
making the distinction between different contracts traded on commodity exchanges
calculating the return on an investment made on commodity exchanges

Course Entry Requirements:

-

Course contents:

1. Commodity exchanges - defining elements 2. Instruments traded on commodity exchanges: futures contracts 3. Option contracts 4. Other stock exchange operations: speculation, hedging, arbitrage 5. Organization and functioning of international stock markets

Teaching methods:

Lecture, conversation, exemplification.

Learning outcomes:

• Knowledge and understanding of the fundamental concepts, theories, and methods in the field of capital market; their adequateuse in professional communication; • Use of fundamental knowledge in order to explain and interpret various types and characteristics of forward, futures and options contracts operating in the mercantile exchanges

Learning outcomes verification and assessment criteria:

Written exam – 60%; verification during semester – 40%.

Recommended reading:

xxx, CAPITAL, COMMODITY AND MONEY MARKET, THE INSTITUTE OF COMPANY SECRETARIES OF INDIA, New Delhi, 2014,
VALDONĖ DARŠKUVIENĖ, • www.Financial Markets, Leonardo da Vinci programme project „Development and Approbation of Applied Courses Based on the Transfer of Teaching Innovations in Finance and Management for Further Education of Entrepreneurs and Specialists in Latvibvb.ro, LEONARDO DA VINCI Transfer of Innovation, 2010,
www.bloomberg.com www.mcegroup.com