FINN1061: Introduction to Financial Economics

• None

• None

• None

• To introduce the basic principles of economics of microeconomics and macroeconmics in a financial context.

• Introduction to Financial Economics,
• Supply and Demand,
• Principles of microeconomics: consumers in the marketplace; firms in the marketplace; markets in action; market structure, firm performance and competition.
• Basic principles of macroeconomics: economic growth; international trade; unemployment; inflation; fiscal and monetary policy; exchange rates.
• The stock market and the economy.

Subject-specific Knowledge:

• Demonstrate an understanding of the basic principles of economics in a financial context.
• Gain knowledge and understanding of the key theories in microeconomics and macroeconomics in a financial context.
• Explain fundamental macro-economic models and interrelationships and how they are affected by change.

Subject-specific Skills:

• Be able to apply economic frameworks to the analysis of financial decision making by firms and/or individuals and construct fundamental macro-economic models.
• Be able to use appropriate techniques for financial economic analysis, use critical thinking skills to apply knowledge from an international perspective and, apply principles learnt to real life financial situations.

Key Skills:

• Problem Solving and Analysis - by applying the necessary analytical and quantitative skills, as well as the ability to demonstrate understanding and manipulate core concepts in financial economics.
• Numeracy - by applying core mathematical and statistical skills to answer a range of questions.
• Planning and Organisation and Time Management - by revising relevant material and preparing for the assessment.
• Computer Literacy - by accessing, and downloading teaching material from Learn Ultra, undertaking bibliographical searches, and information retrieval for classes and assessment.

• Teaching is by lectures and seminars.
• Learning takes place through attendance at lectures, preparation for and participation in seminar classes and private study.
• Formative assessment is by means of a practice test.
• Summative assessment is by means of an online multiple-choice test in term and a written assignment..

If you have a question about Durham's modular degree programmes, please visit our FAQ webpages, Help page or our glossary of terms. If you have a question about modular programmes that is not covered by the FAQ, or a query about the on-line Undergraduate Module Handbook, please contact us.

Prospective Students: If you have a query about a specific module or degree programme, please Ask Us.

Current Students: Please contact your department.