Course Details in 2021/22 Session

Module Title	LI Financial Markets and Institutions
School	Birmingham Business School
Department	Economics
Module Code	07 33188
Module Lead	Paola Paiardini
Level	Intermediate Level
Credits	20
Semester	Semester 2
Pre-requisites
Co-requisites
Restrictions	None
Contact Hours	Lecture-40 hours Guided independent study-160 hours Total: 200 hours
Exclusions
Description	This module provides an introduction to financial markets and financial institutions. The module focuses first on understanding financial markets and introduces students to key asset classes (stocks, bonds, options). Topics may include the role and behaviour of interest rates, risk and the term structure, the theory of Rational Expectations and the Efficient Market Hypothesis. The module then focuses on the role of financial institutions in the economy. Topics may include the economic analysis of financial structure, banking and the management of financial institutions, the economic analysis of financial regulation, the structure and competition within the banking industry, and financial crises.
Learning Outcomes	By the end of the module students should be able to: demonstrate knowledge and understanding of the main financial instruments and the economic principles underlying their use; demonstrate knowledge and understanding of what a financial system is and what it does; apply concepts and principles to evaluate the role of financial institutions and financial instruments in the economy.
Assessment	33188-02 : 2 hour Exam : Exam (Centrally Timetabled) - Written Unseen (50%) 33188-03 : Canvas test 1 : Coursework (25%) 33188-04 : Canvas test 2 : Coursework (25%)
Assessment Methods & Exceptions	Assessment: 2 x class tests (25% each) 2-hour final exam (50%) Reassessment: by failed element
Other
Reading List