PREFACE. 4. Names of Courses with Codes. The names of courses with course code have been stated below:

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1 BANGLADESH UNIVERSITY OF PROFESSIONALS (BUP) SEMESTER OUTLINE (BBA 2013 MINOR IN ECONOMICS) PREFACE 1. General. Th tentative Semester Outline the overall pen picture of the academic curriculum blended with series of learning events from social activities and numerous enjoyable events for an effective learning to be fit in the competitive world. Its core theme to provide a panoramic view of the course curriculum for the initial mental set up of the students and to give guidelines for teachers for innovative and research oriented learning. Th comprehensive Semester Outline includes a column each for the /Date, Class Timing, Name of the Section Location (Classroom Number),, /Event, Teacher/ Member and Remarks/Dcussion Points. The Semester Outline also a basic guideline indicating the modes of conduct of the course curriculum. It accommodates all relevant information required for the whole semester including all central events (e.g. sports, games or cultural competitions, National (s) celebrations, seminars, cultural programs, etc.). In a nutshell, th Semester Outline the ready reckoner to all your questions regarding the program. 2. Semester Starting and Finhing Dates. The semester starts on 19 Jun 2016 and finhes on 31 Dec Timing and Conduct of Classes. The academic week starts on day and finhes on rsday, making it a five-day working week. Each Section shall have about two classes per day. So, there will be total ten classes per week for each Section. Each class shall be of 90 minutes duration, of which 60 minutes shall be dedicated for lecture, and the rest 30 minutes shall be spent for dcussions by the students. The mode and conduct of dcussions shall be designed by the class-teacher as per the Remarks/Dcussion column given in the following pages. Apart from the planned classes, makeup classes and industrial vits will be conducted on urdays as per plan of the Department. 4. Names of s with s. The names of courses with course code have been stated below: Serial Name of 1. etr 2. International Finance and Macroeco 1

2 5. Assessment System. The assessment system as under: Events Weightage Semester Final Exam 35% Midterm Exam 15% Class Tests (Total Six) 12% Term Paper (Individual) Including Presentation 10% Assignments and Case Studies (Individual/Group) Including Presentation 10% Regular Class Participation and Presentation 05% Class Attendance 10% Attitude/Conduct/Manners 03% Total 100% 6. Conclusion. Th Semester Outline, with its all information and instructions, welcomes the students to be a proud member of BUP. It sets the tone and describes the general academic environment of the University for the 2 nd Semester of the year In fact, it a complete guideline for the students for the Semester, so that there no room for any confusion on anyone s part. It also gives a clear picture of what BUP wants to impart to the students as well as what expected out of the students. Dciplinary aspects are also mentioned enabling the students to have a prior understanding of the culture and dcipline of BUP. It expected that students shall take all instructions and information by heart and follow the same with utmost sincerity. It worth mentioning that curriculum of BUP not only a bundle of strict routines and their observances, but also a place where students shall learn to be a good and knowledgeable citizen with excellent presentation skill. The Semester full of fun and frol apart from the pure academic curriculum, which the students shall come across as the Semester unfolds with passage of time. We hope, gradually, all students shall successfully complete the Semester with praeworthy results. Welcome to BUP once again. 2

3 SEMESTER OUTLINE-2016 BBA (Gen)-2013, Major (Minor) 4 th Year 2 nd Semester Date 19 Jun 20 Jun 21 Jun 22 Jun Introduction to etr Aggregate Demand: Building the IS LM Model: The Goods Market and the IS Curve Dcussion 1. Basic ideas 2. Uses of ecoetr 3. Importance of ecoetr 4. Scopes of ecoetr 1. The Keynesian cross; Planned Expenditure 2. The y in Equilibrium; The Interest rate, 3. The Interest rate, 4. Investment, and the IS Curve 23 Jun 24 Jun The ey market and the LM Curve 1. The theory of liquidity preference; 2. Income. ey Demand and the LM curve. 25 Jun 26 Jun Ramadan Leave (26 Jun 2016 to 30 Jun 2016) 3

4 01 Jumatul Bida Dcussion Eid Ul Fitre Leave ( to ) Methodology of etr Aggregate Demand: Applying the IS LM Model: fluctuations with the IS LM Model. Explaining 1. Statement 2. Steps of ecoetr 3. Specifications 4. Concerns for estimation 1. How fcal policy shifts the IS Curve and change the Short run Equilibrium 2. Changes in govt. purchases changes in taxes. 3. How monetary policy shifts the LM curve and change the short-run Equilibrium; 4. The interaction between monetary and 1 Assign Term Paper 4

5 13 Dcussion fcal policy Aggregate Supply and the short-run tradeoff between Inflation and Unemployment. Three models of Aggregate Supply. Specification of ecoetric model, Estimation of the ecoetric model 1. The Sticky Price Model; The Sticky Wage Model; 2. The Imperfectinformation Model 3. Inflation, unemployment and the Philips curve. 1. Statement 2. Steps of ecoetr 3. Specifications Concerns for estimation Mathematical and Stattical prerequites for ecoetr Stabilization Policy: Should Policy be Active or Passive? Should policy be conducted by rule or Dcretion? 1. Elementary stattical notations 2. Elementary mathematical notations 3. Purposes 4. Advantages and dadvantages 1. Lags in the Implementation and Effects of Policies 2. ic forecasting. 3. Dtrust of 5

6 20 Dcussion Policymakers and the Political Process 4. The time Inconstency of Dcretionary Policy Globalization and the Multinational Firm The htory and nature of the regression analys, stattical vs. determintic relationship, terminologies and notations 1. What Special about International Finance? 2. Foreign Exchange and Political rk 3. Market Imperfection 4. Goal for International Financial Management 1. Elementary stattical notations 2. Elementary mathematical notations 3. Purposes 4. Advantages and dadvantages The nature and sources of data for ecoic analys, types of data, accuracy of data, measurement scales An overview of Multinational Financial Management 1. Introductory dcussion 2. Importance 3. Types of data 4. Uses 1. How Business Dciplines are Manage 2 Assign Case Study 6

7 Dcussion The MNC 2. Agency Problem 3. Management structure of an MNC Why Firms Pursue International Business Two variable regression analys, concept of population regression, meaning of linearity in regression, Football Final Maximum Likelihood Estimation, least squares estimates. Valuation Model for an MNC 7 1. Theory of Comparative Advantage 2. Imperfect Market Theory 3. Product cycle Theory 1. Introductory dcussion 2. Importance 3. Types of data Uses 1. Why different methods 2. Selecting the best method 3. Measuring the preceness 1. Domestic Model 2. Multinational Model 3. Valuation of an MNC That uses two currencies 4. Valuation of an MNC that uses multiple currencies.

8 03 Dcussion International etary System Introduction on a stattical package 1. Evolution of the International etary System 2. The flexible Exchange Rate Regime 3. The Current Exchange Rate Arrangements 4. European etary System 1. Meaning of SLR 2. Linearity meaning 3. How to fit the real world in 4. mathemat 5. Ways of estimation Simple linear regression using stattical package Balance of Payments 1. Meaning of SLR 2. Linearity meaning 3. How to fit the real world in Mathemat 4. Ways of estimation 1. Balance of Payments Accounts 2. The current Account 3. The capital Account 4. Balance of payment 3 Case Study Submsion 8

9 10 Dcussion Tends in Major Countries Factors Affecting International Trade Flows Multiple linear regression, estimation of parameters, significance of parameters, testing the goodness of fit of the estimated model. 1. Cost of labor 2. Impact of Inflation 3. Impact of National Income 4. Impact of Government Policies 5. Impact of Exchange Rate 1. Concept of regression 2. Correlation vs regression 3. Interpretation of regression coefficients National Mourning 16 International Capital Flows 1. Factors affecting Direct Foreign Investment 2. Factors affecting International portfolio Investment 3. Impact of international Capital flows 9

10 17 Dcussion 4 18 Agencies that Facilitate International Flows Practical 1. International etary Fund 2. World Bank,IDA.IFC 1. Concept of regression 2. Correlation vs regression 3. Interpretation of regression coefficients Properties of least squares estimates, un-biasness, constency. The Market of Foreign Exchange 1. BLUE terminology 2. Importance of Interval 3. Axioms in regression 4. Importance 1. Function and Structure of the FX Market 2. FX market Participants 3. Cross-Exchange Rate Quotations 25 Jonmasthami 4 Issue Team Assign 10

11 26 Dcussion Interval estimation and hypothes testing of the fitted model International ey Market 1. BLUE terminology 2. Importance of Interval 3. Axioms in regression 4. Importance 1. Origins and Development 2. International Credit Market 3. International Bond Market 4. Rk of International Bonds Proch Factors That Influence Exchange Rate Regression with qualitative and quantitative regresssors: ANCOVA models 1. Relative Inflation Rate 2. Relative Interest Rate 3. Relative Income Levels 1. Qualitative variable 2. Quantitative variable 3. ANOVA vs ANCOVA 4. Uses 5 Debate Competition Final 11

12 03 Dcussion Dummy variable regression Government Influence On Exchange Rates 1. Dummy variable 2. Dcrete Variable 3. Continuous variable 4. Uses of all 1. Reasons for Government Intervention 2. Direct Intervention 3. Indirect Intervention Interest Rate Parity (IRP) Qualitative response regression 1. Derivation of Interest Rate Parity 2. Determining the forward Premium 3. Graphic analys of interest Rate Parity 1. Dummy variable 2. Dcrete Variable 3. Continuous variable 4. Uses of all Eid-Ul-Azha Leave ( to ) 12

13 16 Dcussion Practical through stattical package Purchasing Power Parity (PPP) 1. Dummy variable 2. Dcrete Variable 3. Continuous variable 4. Uses of all 1. Interpretation of PPP 2. Rationale behind Relative PPP Theory 3. Derivation of PPP International Fher Effect Panel data regression 1. Fher Effect 2. Using the IFE to Predict Exchange Rate Movement 3. actions of the International Fher Effect 1. Concept of panel data 2. Classification of panel data 3. Relevance of panel data 4. Importance 24 13

14 25 26 Impact of the violation of the assumptions Dcussion 1. Effect of violation of assumptions 2. Why important to study 3. Impact on analys 4. How to remove the multicollinearity 27 Forecast Exchange Rate 1. Technical Forecast 2. Fundamental Forecast 3. Market-based Forecast Measuring Exposure to Exchange Rate Fluctuations Seminar-8 1. The Investor Hedge Argument 2. Currency Diversification Argument 3. Stakeholder Diversification Argument 01 6 Team Assign Submsion 14

15 Practical through stattical package Managing Transaction Exposure Dcussion 1. Concept of panel data 2. Classification of panel data 3. Relevance of panel data 4. Importance 1. Policies for Hedging Transaction Exposure 2. Hedging Exposure to Payables 3. Hedging Exposure to Receivable Direct Foreign Investment Details of the assumptions underlying the least squares method 1. Motives for Direct Foreign Investment 2. Benefits of International Diversification 3. Host Government Views of DFI 1. Concept of panel data 2. Classification of panel data 3. Relevance of panel data 4. Importance 08 15

16 09 10 impact of the violation of the assumptions Dcussion 5. Effect of violation of assumptions 6. Why important to study 7. Impact on analys 8. How to remove the multicollinearity 11 Durga Puja Ashura International Corporate Governance And Control Dealing with Multicollinearity 1. International Corporate Governance 2. International Corporate Control 3. Factor Affecting Target Valuation 1. Effect of violation of assumptions 2. Why important to study 3. Impact on analys 4. How to remove the multicollinearity

17 Practical on Multicollinearity Lec Mehedi 1. Effect Dcussion 2. Impact 3. Removing process 4. Importance 18 Country Rk Analys 1. Country Rk Charactert 2. Measuring Country Rk 3. Incorporating Rk in Capital Budgeting Multinational Capital Structure And Cost of Capital Dealing with Heteroscedasticity 1. Component of capital 2. Multinational Cost of Capital 1. Effect 2. Impact 3. Removing process 4. Importance Practical on Heteroscedasticity 1. Effect 2. Impact 3. Removing process 7 Term Paper Submsion 17

18 Dcussion 4. Importance 25 Long Term Debt Financing 1. Financing to Match the Inflow Currency 2. Debt Deination Decion by Subsidiaries 3. Debt Maturity Decion Short-Term Asset and Liability Management Practical on Autocorrelation 1. Payment method for International Trade 2. Trade Finance Method 1. Effect 2. Impact 3. Removing process 4. Importance Short-Term Financing 1. Source of foreign Financing 2. Financing with Foreign Currency 3. Determining the 8 Cricket Final 18

19 Dcussion Effective Financing International Cash Management Time series analys 1. Centralized Cash Management 2. Optimizing cash Flows 3. Investing Excess Cash 1. Cross-section vs time series data 2. Difference with the methodology 3. Effect of analys 4. Uses in different fields Univariate time series, ARIMA model building process 1. Cross-section vs time series data 2. Difference with the methodology 3. Effect of analys 4. Uses in different fields

20 9 10 Practical through stattical package Dcussion 1. Cross-section vs time series data 2. Difference with the methodology 3. Effect of analys 4. Uses in different fields Presentation Presentation Class End 10 Indoor Game 20

21 Presentation Presentation Presentation Presentation Dcussion Semester Final Exam () 01 Dec 21

22 Dcussion 02 Dec 03 Dec 04 Dec Semester Final Exam (International Finance and Macro ) 05 Dec 06 Dec 07 Dec 08 Dec 09 Dec 10 Dec 11 Dec Semester Leave (11 Dec 2016 to 29 Dec 2016) 30 Dec 31 Dec 22

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24 Outline for etr, BUP Weeks Classes Top Week 1 Class 01 Introduction to etr 1. Basic ideas 2. Uses of ecoetr 3. Importance of ecoetr 4. Scopes of ecoetr Week 1 Class 02 Methodology of etr 1. Statement Steps of ecoetr 3. Specifications 4. Concerns for estimation Week 2 Class 03 Specification of ecoetric model, Estimation of the ecoetric model Week 2 Class 04 Mathematical and Stattical prerequites for ecoetr 1. Elementary stattical notations Week 3 Class 05 The htory and nature of the regression analys, stattical vs. determintic relationship, terminologies and notations Week 3 Class 06 The nature and sources of data for ecoic analys, types of data, accuracy of data, measurement scales Week 4 Class 07 Two variable regression analys, concept of population regression, meaning of linearity in regression, 2. Elementary mathematical notations 3. Purposes 4. Advantages and dadvantages 1. Introductory dcussion 2. Importance 3. Types of data 4. Uses Week 4 Class 08 Maximum Likelihood Estimation, least squares estimates. 1. Why different methods 2. Selecting the best method 3. Measuring the preceness Week 5 Class 09 Introduction on a stattical package 1. Meaning of SLR Week 5 Class 10 Simple linear regression using stattical package 2. Linearity meaning 3. How to fit the real world in mathemat 4. Ways of estimation Week 6 Class 11 Multiple linear regression, estimation of parameters, significance of 1. Concept of regression parameters, testing the goodness of fit of the estimated model. 2. Correlation vs regression Week 6 Class 12 Practical 3. Interpretation of regression coefficients Week 7 Class 13 Properties of least squares estimates, un-biasness, constency. 1. BLUE terminology Week 7 Class 14 Interval estimation and hypothes testing of the fitted model 2. Importance of Interval 3. Axioms in regression 4. Importance Week 8 Class15 Mid term 1. Qualitative variable Week 8 Class 16 Regression with qualitative and quantitative regresssors: ANCOVA 2. Quantitative variable models 3. ANOVA vs ANCOVA 4. Uses Week 9 Class 17 Dummy variable regression 1. Dummy variable Week 9 Class 18 Qualitative response regression 2. Dcrete Variable Week 10 Class 19 Practical through stattical package 3. Continuous variable 4. Uses of all

25 Week 10 Class 20 Panel data regression 1. Concept of panel data Week 11 Class 21 Practical through stattical package 2. Classification of panel data Week 11 Class 22 Details of the assumptions underlying the least squares method 3. Relevance of panel data 4. Importance Week 12 Class 23 impact of the violation of the assumptions 1. Effect of violation of assumptions 2. Why important to study Week 12 Class 24 Dealing with Multicollinearity 3. Impact on analys 4. How to remove the multicollinearity Week 13 Class 25 Practical on Multicollinearity 1. Effect 2. Impact Week 13 Class 26 Dealing with Heteroscedasticity 3. Removing process 4. Importance Week 14 Class 27 Practical on Heteroscedasticity 1. Effect Week 14 Class 28 Practical on Autocorrelation Week 15 Class Impact 3. Removing process 4. Importance Week 15 Class 30 Time series analys 1. Cross-section vs time series data 2. Difference with the methodology Week 16 Class 31 Univariate time series, ARIMA model building process Week 16 Class 32 Practical through stattical package 3. Effect of analys 4. Uses in different fields Book Basic etric by Damodar Gujarati 25

26 Bangladesh University of Professionals of Business Studies Department of Business Admintration General Semester Outline 2016 BBA (Gen) Minor in Macroeco and International Finance Lecture Event/ Points of Dcussion 1. Aggregate Demand: Building the IS LM Model: The Goods Market and the IS Curve 1. The Keynesian cross; Planned Expenditure 2. The y in Equilibrium; The Interest rate, 3. The Interest rate, 4. Investment, and the IS Curve 2. The ey market and the LM Curve 1. The theory of liquidity preference; 2. Income. ey Demand and the LM curve. 3. Aggregate Demand: Applying the IS LM Model: 1. How fcal policy shifts the IS Curve and change the Short run Equilibrium Explaining fluctuations with the IS LM Model. 2. Changes in govt. purchases changes in taxes. 3. How monetary policy shifts the LM curve and change the short-run Equilibrium; 4. The interaction between monetary and fcal policy 4. Aggregate Supply and the short-run trade off between Inflation and Unemployment. Three models of Aggregate Supply. 5. Stabilization Policy: Should Policy be Active or Passive? Should policy be conducted by rule or Dcretion? 1. The Sticky Price Model; The Sticky Wage Model; 2. The Imperfect-information Model 3. Inflation, unemployment and the Philips curve. 1. Lags in the Implementation and Effects of Policies 2. ic forecasting. 3. Dtrust of Policymakers and the Political Process 4. The time Inconstency of Dcretionary Policy 6. Globalization and the Multinational Firm 1. What Special about International Finance? 2. Foreign Exchange and Political rk 3. Market Imperfection 4. Goal for International Financial Management 7. An overview of Multinational Financial Management 1. How Business Dciplines are Manage The MNC 2. Agency Problem 3. Management structure of an MNC 8. Why Firms Pursue International Business 1. Theory of Comparative Advantage 2. Imperfect Market Theory 3. Product cycle Theory 9. Valuation Model for an MNC 1. Domestic Model 2. Multinational Model 26

27 3. Valuation of an MNC That uses two currencies 4. Valuation of an MNC That uses Multiple currencies. 10. International etary System 1. Evolution of the International etary System 2. The flexible Exchange Rate Regime 3. The Current Exchange Rate Arrangements 4. European etary System 11. Balance of Payments 1. Balance of Payments Accounts 2. The current Account 3. The capital Account 4. Balance of payment Tends in Major Countries 12. Factors Affecting International Trade Flows 1. Cost of labor 2. Impact of Inflation 3. Impact of National Income 4. Impact of Government Policies 5. Impact of Exchange Rate 13. International Capital Flows 1. Factors affecting Direct Foreign Investment 2. Factors affecting International portfolio Investment 3. Impact of international Capital flows 14. Agencies that Facilitate International Flows 1. International etary Fund 2. World Bank,IDA.IFC 15. The Market of Foreign Exchange 1. Function and Structure of the FX Market 2. FX market Participants 3. Cross-Exchange Rate Quotations 16. International ey Market 1. Origins and Development 2. International Credit Market 3. International Bond Market 4. Rk of International Bonds 17. Factors That Influence Exchange Rate 1. Relative Inflation Rate 2. Relative Interest Rate 3. Relative Income Levels 18. Government Influence On Exchange Rates 1. Reasons for Government Intervention 2. Direct Intervention 3. Indirect Intervention 19. Interest Rate Parity (IRP) 1. Derivation of Interest Rate Parity 2. Determining the forward Premium 3. Graphic analys of interest Rate Parity 20. Purchasing Power Parity (PPP) 1. Interpretation of PPP 2. Rationale behind Relative PPP Theory 27

28 3. Derivation of PPP 21. International Fher Effect 1. Fher Effect 2. Using the IFE to Predict Exchange Rate Movement 3. actions of the International Fher Effect 22. Forecast Exchange Rate 1. Technical Forecast 2. Fundamental Forecast 3. Market-based Forecast 23. Measuring Exposure to Exchange Rate Fluctuations 1. The Investor Hedge Argument 2. Currency Diversification Argument 3. Stakeholder Diversification Argument 24. Managing Transaction Exposure 1. Policies for Hedging Transaction Exposure 2. Hedging Exposure to Payables 3. Hedging Exposure to Receivable 25. Direct Foreign Investment 1. Motives for Direct Foreign Investment 2. Benefits of International Diversification 3. Host Government Views of DFI 26. International Corporate Governance And Control 1. International Corporate Governance 2. International Corporate Control 3. Factor Affecting Target Valuation 27. Country Rk Analys 1. Country Rk Charactert 2. Measuring Country Rk 3. Incorporating Rk in Capital Budgeting 28. Multinational Capital Structure And Cost of Capital 1. Component of capital 2. Multinational Cost of Capital 29. Long Term Debt Financing 1. Financing to Match the Inflow Currency 2. Debt Deination Decion by Subsidiaries 3. Debt Maturity Decion 30. Short-Term Asset and Liability Management 1. Payment method for International Trade 2. Trade Finance Method 31. Short-Term Financing 1. Source of foreign Financing 2. Financing with Foreign Currency 3. Determining the Effective Financing 32. International Cash Management 1. Centralized Cash Management 2. Optimizing cash Flows 3. Investing Excess Cash 28