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Course & Unit Catalogues


ES20175: Money and finance

[Page last updated: 01 October 2024]

Academic Year: 2024/25
Owning Department/School: Department of Economics
Credits: 12 [equivalent to 24 CATS credits]
Notional Study Hours: 2,400
Level: Intermediate (FHEQ level 5)
Period:
Semester 1
Assessment Summary: EXOB 100%
Assessment Detail:
  • Unseen exam (EXOB 100%)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites: Before taking this module you must take ES10002 OR take ES10010
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, financial crises and economic policy.
  • Interpret the outcomes of monetary policy options
  • Work in a group and determine and justify a selected portfolio of assets.
  • Relate the theories of finance and monetary policy to contemporary issues.



Synopsis: Gain an understanding of the main concepts in finance and money including the importance of financial crises to the economy and financial system, the main financial markets including stock markets, money markets, bond markets and foreign exchange markets. You will also study financial derivatives and bank regulation. Through your studies and your coursework, you will explore the fundamentals of portfolio management from a theoretical and empirical background.

Content: This unit provides an introduction to the main concepts of finance and monetary economics. It includes an analysis of financial crises, financial decision making with risky assets; the importance of portfolio diversification; an introduction to the CAPM model and the uses of derivative products. The money aspects cover 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; central banking and monetary policy.

Course availability:

ES20175 is Optional on the following courses:

Department of Politics, Languages and International Studies
  • UHPL-AFB10 : BSc(Hons) Politics with Economics (Year 3)
  • UHPL-AAB10 : BSc(Hons) Politics with Economics with Study year abroad (Year 4)
  • UHPL-AKB10 : BSc(Hons) Politics with Economics with Year long work placement (Year 4)

Notes:

  • This unit catalogue is applicable for the 2024/25 academic year only. Students continuing their studies into 2025/26 and beyond should not assume that this unit will be available in future years in the format displayed here for 2024/25.
  • Courses and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.