EC248-5-SP-CO:
Economics of Corporate Finance

PLEASE NOTE: This module is inactive. Visit the Module Directory to view modules and variants offered during the current academic year.

The details
2023/24
Economics
Colchester Campus
Spring
Undergraduate: Level 5
Inactive
Monday 15 January 2024
Friday 22 March 2024
15
08 January 2020

 

Requisites for this module
EC111 or IA151 or IA153
(none)
(none)
(none)

 

(none)

Key module for

(none)

Module description

This course focuses on developments in monetary policy, and its effects, in the context of continuing financial innovations including new forms of transaction media. After an overview of financial systems, including commercial banking, the course examines the nature and implications of financial innovations with emphasis on developments since the 1980s.

Commercial banks' asset and liability management is explored with an emphasis on the control of credit and the transmission of monetary policy. The role of central banks in the supervision of the financial sector and the formulation of monetary policy is studied in various institutional contexts, normally including the European Central Bank and the U.S. Federal Reserve Board as well as the Bank of England.

Module aims

The aim of the course is to introduce students to the evolution of central and commercial bank practices and the institutional environment within which the banking sector operates. Upon successful completion of the course students will have gained an appreciation of the main functions of financial intermediaries in a changing world. In addition, students will have improved their skills in the critical evaluation of existing literature in preparation of a term paper.

Module learning outcomes

The module offers the following employability skills. Academic skills are improved through essay writing (in particular the term paper) and mathematical problem solving. In particular the term paper will improve students' abilities to research and gather information, as well as communicating their ideas and improving their time management.

Module information



Compulsory for:
Year 2 students on BA in Financial Economics and BSc in Financial Economics

Learning and teaching methods

1 x 2-hour lecture and one class per week in one term

Bibliography

This module does not appear to have a published bibliography for this year.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting
Exam  Main exam: Remote, Open Book, 120 minutes during Summer (Main Period) 
Exam  Reassessment Main exam: Remote, Open Book, 120 minutes during September (Reassessment Period) 

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
50% 50%

Reassessment

Coursework Exam
0% 100%
Module supervisor and teaching staff
Dr Luc Leruth, email: ll17449@essex.ac.uk.
Lectures: Dr Luc Leruth & Ariel Sun / Class: Ariel Sun
For further information, send an email message to ueco@essex.ac.uk.

 

Availability
Yes
Yes
No

External examiner

Mr Pedro David Matos Serodio
Resources
Available via Moodle
Of 34 hours, 32 (94.1%) hours available to students:
2 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).

 

Further information
Economics

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