Financial Institutions and Markets

Overview

Theory of money. Monetary Union. The theory of financial intermediation. Operational structure and operations of the Central Bank. Banking regulation. Other non-bank financial intermediaries. An introduction to the stock market. An introduction to the bond market. An introduction to money markets.

Learning Objectives

Understand the economic functions and workings of financial institutions and markets. Understand the financial intermediation process.

Skills

Have a general understanding of financial institutions and markets. Have an understanding of elementary financial ratios and terms as applied in the stock, bond and money markets. Be able to access relevant financial information from publications such as the Financial Times.

Assessment

Students must achieve an overall mark of 40% in the module to pass