The Structure and Regulation of Financial Markets - ECO00057H
Module summary
This module advances students' understanding of the structure and regulation of financial markets.
Related modules
Module will run
| Occurrence | Teaching period |
|---|---|
| A | Semester 2 2025-26 |
Module aims
This module is designed to advance students' understanding of the important role played by financial markets in facilitating the flow of funds in an economy. It discusses how information asymmetries may cause a disruption to the flow of funds and form a rationale for financial regulation, introduces students to the accelerator mechanisms in financial markets and examines financial crises. In doing so, the module makes frequent reference to the relevant contemporary issues in economics and finance.
Module learning outcomes
On completing the module students will be able to:
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Recognize the importance of banks and financial markets in the economy
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Describe the nature of asymmetric information and its implications
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Explain the emergence of financial crises
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Appreciate the reasons for financial regulation
Understand the role of central banks in banking and financial markets
Indicative assessment
| Task | % of module mark |
|---|---|
| Closed/in-person Exam (Centrally scheduled) | 75 |
| Essay/coursework | 25 |
Special assessment rules
None
Indicative reassessment
| Task | % of module mark |
|---|---|
| Closed/in-person Exam (Centrally scheduled) | 75 |
Module feedback
Feedback will be provided in line with University policy
Indicative reading
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Spencer, P. D. (2000). The Structure and Regulation of Financial Markets, Oxford University Press.
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Mishkin, F. (2013).The Economics of Money, Banking & Financial Markets (European Edition), Harlow: Pearson.