Programme And Module Handbook
 
Course Details in 2020/21 Session


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Module Title LH Economics of Financial Markets
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 08 30413
Module Lead TBC
Level Honours Level
Credits 10
Semester Semester 2
Pre-requisites
Co-requisites
Restrictions Available to students studying in Dubai. Available to all students who have been allowed onto the final year of a degree programme in the Department of Economics
Contact Hours Lecture-30 hours
Guided independent study-70 hours
Total: 100 hours
Exclusions
Description This module examines economic theories of financial market behaviour and discusses their empirical relevance. The first part of the module is focused on the micro foundation of the financial economics: choice under uncertainty, expected utility theorem, measuring risk and risk aversion, the efficiency of financial markets. The second part of the module is based on the Portfolio Investment Decisions, mainly the Mean-Variance model of Markowitz and the Capital Asset Pricing Model (CAPM). The third part of the module explores most complex pricing model as consumption-based CAPM, Arbitrage Pricing Theory (APT) and Arrow-Debreu Asset Pricing Theory.
Learning Outcomes By the end of the module students should be able to:
  • demonstrate systematic knowledge and understanding of the microeconomic basis of financial economics;
  • analyse the behaviour of asset markets and prices using theoretical models;
  • apply these models to specific context and critically evaluate their empirical implementation.
Assessment 30413-01 : Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
30413-02 : Canvas Weekly Quiz 1 : Class Test (5%)
30413-03 : Canvas Weekly Quiz 2 : Coursework (5%)
30413-04 : Canvas Weekly Quiz 3 : Coursework (5%)
30413-05 : Canvas Weekly Quiz 4 : Coursework (5%)
30413-06 : Canvas Weekly Quiz 5 : Coursework (5%)
30413-07 : Canvas Weekly Quiz 6 : Coursework (5%)
30413-08 : Canvas Weekly Quiz 7 : Coursework (5%)
30413-09 : Canvas Weekly Quiz 8 : Coursework (5%)
30413-10 : Canvas Weekly Quiz 9 : Coursework (5%)
30413-11 : Canvas Weekly Quiz 10 : Coursework (5%)
Assessment Methods & Exceptions Assessment: Weekly Canvas quizzes (10 x 5% = 50%), 1-hour final exam (50%).
Reassessment: by failed element
Other Duplicate of Bham-based module 08 08380
Reading List