Module Database Search
| MODULE DESCRIPTOR | |||
|---|---|---|---|
| Module Title | |||
| Money And Financial Markets | |||
| Reference | BS3918 | Version | 7 |
| Created | December 2023 | SCQF Level | SCQF 9 |
| Approved | July 2019 | SCQF Points | 15 |
| Amended | March 2024 | ECTS Points | 7.5 |
| Aims of Module | |||
|---|---|---|---|
| To develop understanding of monetary systems, monetary policy as well as the structure, operation and functions of a modern financial system. | |||
| Learning Outcomes for Module | |
|---|---|
| On completion of this module, students are expected to be able to: | |
| 1 | Examine the role of the financial system in economic development. |
| 2 | Assess how monetary policy affects economic growth and equality. |
| 3 | Explain the functions of central banks and the concept of central bank indepedence. |
| 4 | Contrast different theories of money creation. |
| 5 | Examine the roles of financial intermediaries in the money and capital markets. |
| Indicative Module Content |
|---|
| Financial Intermediation; Sustainable Economic Development; Types of Monetary Systems; Theories of Money Creation; Commercial Banks; Central Banks; Central Bank Indepednece; Monetary Policy and Redistribution of Wealth; Channels of Monetary Policy Transmission; Money and Capital Markets. |
| Module Delivery |
|---|
| Topics are introduced in the lectures and developed in the tutorials for which students are expected to undertake directed independent learning. |
| Indicative Student Workload | Full Time | Part Time |
|---|---|---|
| Contact Hours | 36 | N/A |
| Non-Contact Hours | 114 | N/A |
| Placement/Work-Based Learning Experience [Notional] Hours | N/A | N/A |
| TOTAL | 150 | N/A |
| Actual Placement hours for professional, statutory or regulatory body |
| ASSESSMENT PLAN | |||||
|---|---|---|---|---|---|
| If a major/minor model is used and box is ticked, % weightings below are indicative only. | |||||
| Component 1 | |||||
| Type: | Coursework | Weighting: | 100% | Outcomes Assessed: | 1, 2, 3, 4, 5 |
| Description: | Individual essay or report | ||||
| MODULE PERFORMANCE DESCRIPTOR | |
|---|---|
| Explanatory Text | |
| Component 1 comprises 100% of the module grade. To pass the module, a D grade is required. | |
| Module Grade | Minimum Requirements to achieve Module Grade: |
| A | A |
| B | B |
| C | C |
| D | D |
| E | E |
| F | F |
| NS | Non-submission of work by published deadline or non-attendance for examination |
| Module Requirements | |
|---|---|
| Prerequisites for Module | None. |
| Corequisites for module | None. |
| Precluded Modules | None. |
| INDICATIVE BIBLIOGRAPHY | |
|---|---|
| 1 | BUCKLE,M. and THOMPSON,J., 2016. The UK financial system: theory and practice. 5th ed. Manchester University Press. |
| 2 | HOWELLS, P. and BAIN. K., 2008. Economics of money, banking and finance: a European text. 4th ed. Harlow: Pearson Education. |
| 3 | MISHKIN, F. S., 2021. The economics of money, banking and financial markets. 13th ed. London: Pearson. |
| 4 | MISHKIN, F. S. and Eakins, S.G., 2023. Financial markets and institutions. 10th ed. London: Pearson. |
| 5 | PILBEAM, K., 2018. Finance and financial markets. 4th ed. Basingstoke: Palgrave Macmillan. |