Overview

An indicative list of topics may include but not be limited to: Money; Interest Rates; Bonds; Stocks; Exchange Rates; Financial Structure; Banks; Central Banks; Monetary Policy.

Assessment Strategy

-threshold -D- to D+ (40-49%): No major omissions or inaccuracies in the deployment of information/skills. Some grasp of theoretical/conceptual/practical elements. Integration of theory/practice/information present intermittently in pursuit of the assessed work's objectives.

-satisfactory -C- to C+ (50-59%): Much of the relevant information and skills mostly accurately deployed. Adequate grasp of theoretical/conceptual/practical elements. Fair integration of theory/practice/information in the pursuit of the assessed work's objectives. Some evidence of the use of creative and reflective skills.

-good -B- to B+ (60-69%): Very good performance. Most of the relevant information accurately deployed. Good grasp of theoretical/conceptual/practical elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Evidence of the use of creative and reflective skills.

-excellent -A- to A+ (70%+): The relevant information accurately deployed. Excellent grasp of theoretical/conceptual/practice elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Strong evidence of the use of creative and reflective skills.

Learning Outcomes

• Analyse how banks are managed and compare and contrast their performance.

• Critically evaluate the role of central banks in the management of monetary policy.

• Critically review the role of banks in the economy and the rationale for their regulation.

• Distinguish between direct finance and indirect finance and clarify how financial structure affects the operation of the financial system.

• Explain how markets price financial products, such as, bonds, stocks and the exchange rate.