Module Identifier | ECM3020 | |||||||||||||||||
Module Title | EMERGING FINANCIAL MARKETS | |||||||||||||||||
Academic Year | 2007/2008 | |||||||||||||||||
Co-ordinator | Dr Kobil Ruziev | |||||||||||||||||
Semester | Semester 2 | |||||||||||||||||
Course delivery | Lecture | 12 lectures of 2 hours each | ||||||||||||||||
Seminars / Tutorials | 6 tutorials of 1 hour each | |||||||||||||||||
Assessment |
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Financial Development and Economic Growth
- Money, Financial Institutions and Economic Growth
- Theories of Financial Sector Development
- Financial Repression and Financial Liberalisation
- Informal Credit Markets
Differences in Banking Sector Structures
- Banking Sector Structure in Leading Market Economies
- Banking Sector Structure in Emerging Economies
Instability of Financial Markets and Financial Crises
- Minksy's Theory of Financial Instability
- The International Debt Crisis
- Financial Crisis of the 1990s
- Inflation and Currency Stability
Problem solving | The module demands the participants to apply analytical skills to reason and understand the challenging nature of the subject. By introducing a variety of theoretical as well as empirical topics, the module enables students to develop creative thinking approaches to problem solving and to critically evaluate potential solutions to complex and challenging problems. These skills will have to be applied in tutorial discussions, preparation of the essay, and in the exam. | ||
Research skills | Students will be mostly working with influential theoretical as well as empirical research papers published in top economics journals. This will introduce them to a range of research methods, which will facilitate development of appropriate research skills necessary to produce high quality analytical reports. The students will have to prepare an individual country report based on data and information that they will have to collect, having to arrange coherently in a written document all the relevant material gathered. | ||
Communication | Discussion-based seminars facilitate critical thinking and help to develop good presentation skills. Independent work on assessed essay helps to develop writing skills which will be of use when writing reports of different nature for various audiences and purposes. | ||
Improving own Learning and Performance | Students will improve their learning by undertaking directed but independent study and work. Time management will be crucial in preparation for the assessments. | ||
Team work | Although team work ethics are encouraged in seminar discussions, there is no specific requirement involving team work. During tutorial sessions and essay presentations students will be encouraged to voluntarily participate in group discussions. | ||
Information Technology | The use of electronic journals is highly relevant for the successful preparation of the essay. In addition, although not required, students may choose to use electronic databases and statistical packages in their essays. | ||
Application of Number | Although the mdule does not directly involve estimating econometric models, it requires students to understand and interpret results from various models. Essay and exam may incorporate some numerical techniques to analyse financial markets. | ||
Personal Development and Career planning | The module provides content which may prove highly valuable for students in their later careers. Knowledge and understanding of contemporary issues in emerging financial markets, as well as research skills developed in connection with the preparation of assessed individual coursework contribute to transferable skills. | ||
Subject Specific Skills | Analytical Skills |
This module is at CQFW Level 7