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 Academic Year: | 2016/7 |
| Owning Department/School: | Department of Economics |
| Credits: | 12 [equivalent to 24 CATS credits] |
| Notional Study Hours: | 240 |
| Level: | Intermediate (FHEQ level 5) |
| Period: |
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| Assessment Summary: | CW 35%, EX 50%, OT 15% |
| Assessment Detail: |
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| Supplementary Assessment: |
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| Requisites: | Before taking this module you must take ES10002 OR take ES10010 |
| Description:
| Aims: * To provide an introduction to financial markets and their operation; * To understand the pricing of financial instruments; * To enable students to understand the links between financial markets and the real economy; * To demonstrate linkages between economic policy and financial markets. Learning Outcomes: At the end of the unit students should be able to: * analyse the roles of financial markets and financial intermediaries; * explain how the pricing of financial instruments takes place; * understand the link between financial markets and economic policy. Skills: Use and analysis of economic data; problem-solving; understanding of financial and monetary theory expressed in written form through an examination. Content: Financial decision making with risky assets; portfolio diversification; introduction to the CAPM model; interest rate determination; overview of the operation of money markets and how money market instruments are priced; introduction to bond markets; the term structure of interest rates; introduction to derivative markets - futures, options, swaps. |
| Programme availability: |
ES20070 is Optional on the following programmes:Department of Economics
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Notes:
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