International Finance and crisis management

llsms2054  2023-2024  Louvain-la-Neuve

International Finance and crisis management
5.00 credits
30.0 h
Candelon Bertrand;
Main themes
We set up a framework for:
  • understanding how international financial conditions influence the decision-making process of modern business leaders in the corporate and capital markets arenas.
  • understanding the characteristics, institutions, and players of the exchange rate markets.
  • exploring exchange rate regimes
Learning outcomes

At the end of this learning unit, the student is able to :

1 During their programme, students of the LSM Master's in management or Master's in Business engineering will have developed the following capabilities :
  • A Scientific and Systematic Approach
  • Teamwork and leadership
  • Working in an international environment
On successful completion of this program, each student will acquire the following skills :
  • Undestand the basic models that are useful for international financial in international context.
  • The International financial system : gold standard, gold exchanbge standard, Post-Bretton-Woods
  • The exchange market model in the short and long run (Dornbusch-Fisher model)
  • Economic policies (fiscal and monetary) and the exchange rate
  • Exchange rate determination and forecasting
  • Microeconomic foundations of international finance
  • Financial crises models (1st, 2nd and 3rd generation)
  • International capital market equilibrium
  • Country and political risk
Teaching methods
Lectures, inverted classrooms, workshops, interventions by experts, assigments, final projects
Evaluation methods
Lectures,  MCQ, workshop assigment, project
Online resources
On moodle and teams
  • Krugman and Obstfeld – International Economics- Pearson.  Parts III and IV
  • Obsfteld and Rogoff – Foundation of International Economics- MIT Press – chapter 1&2
  • IMF Article iv
  • Hodrick - Bloomberg market concepts: exchange rate module
Faculty or entity

Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Learning outcomes
Master [120] in Management

Master [120] : Business Engineering

Master [120] in Management

Master [120] : Business Engineering