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Admissions

It is a University which is committed to excellence and overall development of the student and one where talent is nurtured and honed in the best possible manner. Come, be a part of our never-ending journey of accomplishments and accolades.

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Excellent education not only imparts knowledge, but also paves the way for a promising and successful career. The Placement Cell at The IIS University has numerous success stories to narrate in this regard...

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Taking the age-old tradition of enlightenment through education forward, The IIS University - in its continuous pursuit of excellence - firmly believes that an institution’s academic profile determines its worth and value. Therefore, on offer are a wide variety of both conventional and contemporary programmes of study.

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To stimulate curiosity and cater to the global needs of a dynamic education, The IIS University - since inception - has been promoting and encouraging research-based experiential learning among all its students.

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About Us

The IIS University, with its perfect amalgamation of innovation, inspiration and synergy, aims to be a model institution for students across disciplines and programmes.

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IIS Univ
  • Admissions

    It is a University which is committed to excellence and overall development of the student...

  • Placements

    Excellent education not only imparts knowledge, but also paves the way for...

  • Life@IIS Univ

    Life @ IISU is nothing less than a kaleidoscope of myriad hues; complete with...

  • Academics

    Taking the age-old tradition of enlightenment through education forward,...

  • Research

    To stimulate curiosity and cater to the global needs of a dynamic education,...

  • About Us

    The IIS University, with its perfect amalgamation of innovation, inspiration...

IIS (Deemed to be University)

Gurukul Marg, SFS, Mansarovar, Jaipur 302020, (Raj.) India

Phone:- +91-141-2400160-61, 2397906-07,

Fax: 2395494,2781158, Toll Free No.: 1800 180 7750

International Economics-II | Economics

International Economics-II

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Paper Code: 
ECO 413
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

1.      To analyze the importance of foreign exchange market, transactions involving foreign exchange and theories for determination of exchange rate.

2.      To acquaint the students with the meaning and components of balance of payments and devaluation.

3.      To examine the role of various international monetary and trade organizations.

9.00
Unit I: 
Balance of Payments

Balance of Payments - Components;Disequilibrium in Balance of Payments - Causes;Measures to correct disequilibrium in the Balance of Payments.

9.00
Unit II: 
Devaluation

Devaluation-Elasticities Approach and Income Absorption Approach;The J curve effect;Foreign Trade Multiplier.

9.00
Unit III: 
Foreign Exchange Market and Exchange Rates

Foreign Exchange Market – functions;Foreign Exchange Rate – meaning and determination of equilibrium exchange rate;Concepts of Arbitrage, Spot and Forward Rates; Futures; Options; Foreign Exchange Risks; Hedging and Speculation; Exchange Rate Regimes – Fixed, Flexible, Managed Floating

9.00
Unit IV: 
Exchange Rate Theories and Exchange Control

Exchange Rate Theories - Mint Parity Theory, Purchasing Power Parity Theory;Foreign Exchange Control – Meaning, Objectives and Methods;Foreign Exchange Management Act (FEMA).

9.00
Unit V: 
International Economic Organizations

International Monetary Fund (IMF);World Bank;Asian Development Bank;GATT and WTO.

Essential Readings: 

1.      Salvatore, D., International Economics: Trade and Finance, Wiley; Eleventh edition 2014.

2.      Cherunilam, Francis, International Economics, Tata McGraw-Hill Publishing Company Limited, New Delhi, 2001. 

References: 

1.      Appleyard, Dennis R., International Economics, McGraw Hill Education (India) , Chennai,  8th edition, 2016.

2.      Rana K.C and Verma K.N., International Economics, Vishal Publishing Company, latest edition.

Academic Session: 
2022-23
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