| 1 | To discuss the balance of payments and current account balance. |
| 2 | Describe the structure and functions of foreign exchange market. |
| 3 | Understand the money market equilibrium and interest rate determination. |
| 4 | Understand the concept of real exchange rates and their role on the economy. |
| 5 | Analyze the role of economic policies under different exchange rate regimes. |
| 6 | Discuss the gains and losses of international financial integration. |
| 7 | To be informed about major economic features and problems of developing countries. |