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Programme & Unit Catalogues


ES20070: Money and finance

[Page last updated: 20 April 2021]

Academic Year: 2021/2
Owning Department/School: Department of Economics
Credits: 12      [equivalent to 24 CATS credits]
Notional Study Hours: 240
Level: Intermediate (FHEQ level 5)
Period:
Academic Year
Assessment Summary: CW60OT40
Supplementary Assessment:
ES20070 Resit examination (where allowed by programme regulations)
Requisites: Before taking this module you must take ES10002 OR take ES10010
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:
NB. Postgraduate programme information will be added when the postgraduate catalogues are published in August 2021

ES20070 is Optional on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc(Hons) Economics (Year 2)
  • UHES-AAB03 : BSc(Hons) Economics with Study year abroad (Year 2)
  • UHES-AKB03 : BSc(Hons) Economics with Year long work placement (Year 2)
  • UHES-AFB01 : BSc(Hons) Economics and Politics (Year 2)
  • UHES-AAB01 : BSc(Hons) Economics and Politics with Study year abroad (Year 2)
  • UHES-AKB01 : BSc(Hons) Economics and Politics with Year long work placement (Year 2)
  • UHES-ACB01 : BSc(Hons) Economics and Politics with Combined Placement and Study Abroad (Year 2)
  • UHES-ACB03 : BSc(Hons) Economics with Combined Placement and Study Abroad (Year 2)
Department of Politics, Languages and International Studies
  • UHPL-AFB10 : BSc(Hons) Politics with Economics (Year 2)
  • UHPL-AFB10 : BSc(Hons) Politics with Economics (Year 3)
  • UHPL-AAB10 : BSc(Hons) Politics with Economics with Study year abroad (Year 2)
  • 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 2)
  • UHPL-AKB10 : BSc(Hons) Politics with Economics with Year long work placement (Year 4)
Department of Social & Policy Sciences
  • UHSP-AFB21 : BSc(Hons) International Development with Economics (Year 2)
  • UHSP-AKB21 : BSc(Hons) International Development with Economics with Year long work placement (Year 2)

Notes:

  • This unit catalogue is applicable for the 2021/22 academic year only. Students continuing their studies into 2022/23 and beyond should not assume that this unit will be available in future years in the format displayed here for 2021/22.
  • Programmes 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.