FKH2100 Art and Design History 2 Course description

Undervisningen gjennomføres som forelesninger, studentpresentasjoner, diskusjoner, gruppearbeid, seminarer og oppgaveskriving. Stor grad av egenaktivitet er en forutsetning for gjennomføringen av emnet. Undervisningen vil i stor grad være problembasert, og det vil bli tatt utgangspunkt i eksempler og case hentet fra deltakernes praksiserfaring. Litteratur og studier av dommer står sentralt i undervisningen.

Knowledge

The student

• appreciates the complexities involved in international financial transactions.
• understands the various factors that help determine exchange rates.
• can calculate foreign exchange risk exposures.
• understands the various risk mitigation techniques, such as derivatives, that can be used to hedge foreign exchange rate risks.

Skills

The student can

• apply financial theory in analysis of complex risk management problems faced by multinational firms.
• develop risk mitigating strategies exploiting instruments that are traded in international financial markets.
• assess value effects for the firm's owners of risks and risk mitigating techniques in order to devise value maximizing strategies

After completing the course, the student should have the following overall learning outcomes defined in terms of knowledge, skills and general competence:

Knowledge

The student has

• knowledge of various ways to organize and expose public entities to market competition
• insight into the purposes that procurement regulations are intended to serve
• in-depth knowledge of planning, announcing, conducting, and concluding competitions in accordance with procurement regulations, as well as an understanding of the consequences of breaches of these regulations
• insight into the prohibition of public support and state aid issues related to public entities engaging in economic activities in the market
• knowledge of the international foundation of the regulations on public procurement and state aid
• understanding of the differences in regulation between private and public market activities

Skills

The student can

• identify and analyze legal issues and consequences of reorganization or market exposure processes
• identify when different parts of the public procurement rules apply
• analyse and deal with legal issues in connection with the announcement of procurement competitions, the conduct of such competitions, the evaluation of tenders received and the awarding of contracts

General competence

The student can

• work independently with practical, legal issues
• argue for the advantages and disadvantages of different forms of market exposure of public sector organizations
• explain in general terms certain basic premises for the public sector's market activity, such as freedom of contract, protection against bankruptcy, budgetary frameworks and the location of constitutional and political responsibility

None

A list of reference aids allowed will be published on our website.

The exam in the course is a supervised exam of 6 hours.

Gerd Engelsrud

The following aids are permitted:

• • The exam module of Lovdata Pro

The course primarily covers topics that do not build on elective courses. Thus required courses from first two years suffice although some concepts from elective courses, Corporate Finance (Foretaksfinans) and International Economics in particular, are useful.