Module overview
Aims and Objectives
Learning Outcomes
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- Interpret critically official publications by banks, central banks and authorities and compare this to empirical reality.
- Evaluate the risks and rewards associated with different financial instruments, and financial institutional settings;
- Assess role and impact of banks and the central bank, and the need for appropriate regulation and supervision;
Transferable and Generic Skills
Having successfully completed this module you will be able to:
- Write effectively for business purposes;
- Make up your own mind about events, by utilising an empirical research methodology.
- Analyse and evaluate data to enable decision-making;
- Manage individual tasks, personal resources and time effectively;
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- The logic and workings of financial institutions, and banks in particular;
- The role of banks and the central bank and how they influence the economy, including consumer prices and asset prices.
- The available financial instruments and workings of international financial markets, including roles of speculators, investors, bankers and central bankers;
Syllabus
Learning and Teaching
Teaching and learning methods
| Type | Hours |
|---|---|
| Independent Study | 70 |
| Teaching | 30 |
| Total study time | 100 |
Resources & Reading list
Journal Articles
Financial Stability Review.
Financial Times.
Journal of Financial Services Research.
Journal of Banking and Finance.
Federal Reserve Bank of New York Quarterly Review.
Financial Management.
Federal Reserve Bulletin.
Bank of England Quarterly Bulleting.
Textbooks
Ryan-Collins, J., Greenham, T., Werner, R. and Jackson, A (2011). Where Does Money Come From?. London: New Economics Foundation.
Giddy, I. (1994). Global Financial Markets. D C Heath.
Eiteman, D, Stonehill, A., and Moffett, M. (2007). Multinational Business Finance. Addison Wesley.
Mishkin, F., Eakins, S. (2003). Financial Markets and Institutions. Addison Wesley.
Werner, R. (2005). New Paradigm in Macroeconomics. Palgrave Macmillan.
Miller, R. L., VanHoose, D. D. (1993). Modern Money and Banking. 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 formative opportunities
- Assessment Type: Formative
- Feedback: Students will be given feedback in class during discussions and following any preparation exercises for the examination.
- Final Assessment: No
- Group Work: No
Summative
This is how we’ll formally assess what you have learned in this module.
| Method | Percentage contribution |
|---|---|
| Examination | 100% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
| Method | Percentage contribution |
|---|---|
| Examination | 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 |
|---|---|
| Examination | 100% |
Repeat Information
Repeat type: Internal & External