Teaching Responsibility
LJMU Schools involved in Delivery:
LJMU Partner Taught
Learning Methods
Lecture
Module Offerings
7703ORYXIF-APR-PAR
7703ORYXIF-JAN-PAR
7703ORYXIF-SEP-PAR
Aims
This module provides students with a critical appreciation of the full range of economic concepts, theories and models relating to financial markets, instruments, risks and decisions.
Module Content
Outline Syllabus:
Financial developments and the emergence of global finance.
Economic concepts of consumption, saving and investment.
Economists' methods of analysis and use of theories.
Economics of savings and the demand and supply of liquidity.
Time value of money, discounted cash flow and Quantity theory of money.
Keynes' ideas on liquidity, interest rates and risk.
Agency theory and Efficient Market Hypothesis.
Comparing gearing to equity, the contribution of Modigliani and Miller.
Risk, market pricing of risk, capital market line and CAPM.
Testing a hypothesis drawn from financial economics.
Political economy of finance, trade cycle, instability and inequality
Financial developments and the emergence of global finance.
Economic concepts of consumption, saving and investment.
Economists' methods of analysis and use of theories.
Economics of savings and the demand and supply of liquidity.
Time value of money, discounted cash flow and Quantity theory of money.
Keynes' ideas on liquidity, interest rates and risk.
Agency theory and Efficient Market Hypothesis.
Comparing gearing to equity, the contribution of Modigliani and Miller.
Risk, market pricing of risk, capital market line and CAPM.
Testing a hypothesis drawn from financial economics.
Political economy of finance, trade cycle, instability and inequality
Additional Information:
This is a research driven module, responding to the need as to how economics impacts on financial markets and institutions.
This is a research driven module, responding to the need as to how economics impacts on financial markets and institutions.
Assessments
Test
Exam