Programme/Approved Electives for 2020/21
Available as a Free Standing Elective
ECO-10009 Economics for Financial Markets
This module provides students with an understanding of the role played by international financial markets, banks and non-bank financial intermediaries in the financial system; of financial structure throughout the world; of how banks manage their assets and liabilities; of the regulatory environment in which banks operate; of central banking and the impact of monetary policy on international financial markets.
The module provides an introduction to the theory and practice of modern banking. It will provide students with an understanding of the specific role played by banks in a financial system, of methods to manage the risks bank are exposed to, and of the regulatory environment in which banks operate.
Intended Learning Outcomes
Explain and assess the role of banks and non-bank financial intermediaries for modern economies: 1,2Analyse and explain the nature of financial fragility and banking crises: 1,2Explain and analyse the importance of bank regulation and the role of a central bank: 1,2Describe and critically evaluate the risks that banks are exposed to: 1,2
24 hours of lectures5 hours of tutorials71 hours of independent study25 hours for class preparation 25 hours for assignment preparation
1: Online Tasks weighted 30%
Description of Module Assessment
50 minute class testOnline test based upon the first part of the module2: Unseen Exam weighted 70%
2 hour unseen examinationExamination covering the whole module syllabus