Module overview
Linked modules
Pre-requisites: ECON1001 or ECON1003 or ECON1009 or ECON1020 or ECON1022
Aims and Objectives
Learning Outcomes
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- key available financial instruments and workings of financial markets, including roles of speculators, investors and bankers; the role and impact of banks in the economy and markets;
- the need for appropriate regulation and supervision, and the actual regulation and bank behaviour observed in key markets.
Transferable and Generic Skills
Having successfully completed this module you will be able to:
- interpret official announcements and engage in public debates in the media and professional publications concerning financial and macroeconomic issues.
- evaluate the risks and rewards associated with different financial instruments, and financial institutional settings; understand key workings of financial markets and the economy in general;
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- evaluate data, and use it in order to act upon it;
- enhance your analytical and critical thinking capabilities.
- evaluate and interpret critically official publications by banks and authorities and compare this to empirical reality;
Subject Specific Practical Skills
Having successfully completed this module you will be able to:
- understand the risks and potential rewards of certain financial instruments; understand better the workings of financial institutions and banks.
Syllabus
Learning and Teaching
Teaching and learning methods
Type | Hours |
---|---|
Follow-up work | 11 |
Preparation for scheduled sessions | 40 |
Wider reading or practice | 40 |
Lecture | 24 |
Revision | 25 |
Seminar | 10 |
Total study time | 150 |
Resources & Reading list
Textbooks
Goddard, John and John Wilson (2016). Banking- A Very short Introduction. Oxford University Press.
Mishkin, Frederic and Eakins, Stanley (2018). Financial Markets and Institutions. Pearson.
Casu, Barbara, Claudia Girardone and Philip Molyneux (2015). Introduction to Banking. Prentice Hall.
Mathews, Kent and Thompson, John (2014). The Economics of Banking. Wiley.
Mishkin (2014). Economics of Money, Banking and Financial Markets. Pearson.
Saunders, Anthony and Marcia Millon Cornett (2018). Financial Institutions Management: A Risk Management Approach. McGraw-Hill.
Assessment
Formative
This is how we’ll give you feedback as you are learning. It is not a formal test or exam.
In-class activities
- Assessment Type: Formative
- Feedback: The class tutor will take you through the answers and explain the answers in detail.
- Final Assessment: No
- Group Work: No
Summative
This is how we’ll formally assess what you have learned in this module.
Method | Percentage contribution |
---|---|
Exam | 100% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
Method | Percentage contribution |
---|---|
Exam | 100% |
Repeat
An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.
Method | Percentage contribution |
---|---|
Exam | 100% |
Repeat Information
Repeat type: Internal & External