Please note this module descriptor is indicative of the structure of this course and may be subject to change.
This module is a study of the financial economy from both a micro and macroeconomic perspective. The aim of the module is to improve understanding of the economics of financial intermediation, and to evaluate the importance of financial indicators like interest rates, inflation and exchange rates to the economy. The module is applied and will consider these topics as they relate to real world issues.
This module will consider:
Economics of financial intermediation
The important economic roles of banks and non banks
Long term savings in the form of insurance, pensions and collective investments
Financial markets in relation to liquidity and capital
The economics of regulation
Determination of money and interest rates
Causes and consequences of inflation
Risk in relation to exchange rates
Trade and the balance of payments
A student passing this module should be able to demonstrate:
1. An understanding of some of the contexts in which accounting operates with respect to financial and capital markets. (PLO1)
2. Skills in summarising and interpreting economic events and their relevance to business. (PLO3)
3. An understanding of the contemporary theories and empirical evidence concerning the financial economy and its impact on the real economy. (PLO4)
4. The development of skills in critically evaluating and analysing arguments and data. (PLO5)
5. The ability to manage learning independently, including being able to find, extract and analyse data from many different sources, and acknowledge and reference these appropriately. (PLO6)
Present quantitative and qualitative information with analysis, argument, and commentary. (PLO7)
A course map contains a list of the individual study units, called modules, that you study to complete your course. Some modules are compulsory, but you can sometimes choose modules outside your core area of study which interest you.
A module is a self-contained, individual unit of study. The module descriptor provides various details about the module including who the module tutor is, what you will be studying, how you will be assessed and what you will have learned once you have completed the module.
Course maps and module descriptors from previous years can be found in the Course Resources Archive.
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