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The Structure and Regulation of Financial Markets - ECO00057H

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  • Department: Economics and Related Studies
  • Module co-ordinator: Dr. Yaprak Tavman
  • Credit value: 20 credits
  • Credit level: H
  • Academic year of delivery: 2024-25
    • See module specification for other years: 2023-24

Module summary

This module advances students' understanding of the structure and regulation of financial markets.

Related modules

Pre-requisite modules

Co-requisite modules

  • None

Prohibited combinations

  • None

Module will run

Occurrence Teaching period
A Semester 2 2024-25

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:

  • Recognize the importance of banks and financial markets in the economy

  • Describe the nature of asymmetric information and its implications

  • Explain the emergence of financial crises

  • Appreciate the reasons for financial regulation

Understand the role of central banks in banking and financial markets

Assessment

Task Length % of module mark
Closed/in-person Exam (Centrally scheduled)
Closed exam : The Structure and Regulation of Financial Markets		 3 hours 75
Essay/coursework
Coursework : The Structure and Regulation of Financial Markets		 N/A 25

Special assessment rules

None

Reassessment

Task Length % of module mark
Closed/in-person Exam (Centrally scheduled)
Closed exam : The Structure and Regulation of Financial Markets		 3 hours 75

Module feedback

Feedback will be provided in line with University policy

Indicative reading

  • Spencer, P. D. (2000). The Structure and Regulation of Financial Markets, Oxford University Press.

  • Mishkin, F. (2013).The Economics of Money, Banking & Financial Markets (European Edition), Harlow: Pearson.


The information on this page is indicative of the module that is currently on offer. The University is constantly exploring ways to enhance and improve its degree programmes and therefore reserves the right to make variations to the content and method of delivery of modules, and to discontinue modules, if such action is reasonably considered to be necessary by the University. Where appropriate, the University will notify and consult with affected students in advance about any changes that are required in line with the University's policy on the Approval of Modifications to Existing Taught Programmes of Study.