- Department: Economics and Related Studies
- Module co-ordinator: Prof. Peter Simmons
- Credit value: 10 credits
- Credit level: M
- Academic year of delivery: 2022-23
Occurrence | Teaching period |
---|---|
A | Spring Term 2022-23 |
to present a brief overview of the subject of modern finance.
to give students an understanding of asset pricing and market efficiency in emerging markets.
to introduce students to informal finance and its significance in economic development.
to provide an opportunity for students to study, discuss and evaluate some current research dimensions of finance so that students can apply the methods taught in the module to solve specific problems in finance.
to consider specific issues and events like sovereign wealth funds or the global financial crisis of 2008 in the context of emerging economies.
On completing the module a student will have:
an overview of the financial service industry in developed and developing countries.
an understanding of the assumptions and analysis of conventional asset pricing theory, and its applications to investment in emerging financial markets.
an understanding of what microfinance, rural finance and agricultural finance are and how they are important to economic development.
an overview of investment and development funds.
Task | Length | % of module mark |
---|---|---|
Closed/in-person Exam (Centrally scheduled) Development & Finance |
2 hours | 100 |
None
Task | Length | % of module mark |
---|---|---|
Closed/in-person Exam (Centrally scheduled) Development & Finance |
2 hours | 100 |
Feedback will be made available according to University guidelines.
The reading will consist mainly of lecture notes and a number of artivles which will also be recommended in the lectures.
Useful texts as preliminary background readin are:
Armendariz, B., and Morduch, J., The Economics of Microfinance, The MIT Press, 2005.
Fabozzi, F.J., and Modigliani, F., Capital Market: Institutions and Instruments, 3rd Edition, Prentice Hall, 2003.