COURSE OUTLINE
Course Title: Introduction to Financial Economics
Course Code: ECON 1008
Credits: 3
Level: 1
Semester:
Course Description
This is an introductory course designed to develop an understanding of the core concepts in economics and the relationship between micro and macro economic issues and the performance of financial markets. Learners will be exposed to main theories and concepts in microeconomics that provide critical insight into how economies function. Macroeconomic concepts and theories that will be introduced include inflation, unemployment, recession, and competitiveness, which affect the performance of the national economy. The concepts and theories introduced will provide the foundation to assist with critical understanding of the structure of financial markets, interest rates, portfolio selection and corporate finance. It is designed to introduce learners to the theoretical and practical components of the content, methods and techniques of economic analysis in the context of the financial features of regional economies.
Course Objectives:
Upon completion of the course, learners will be able to: Knowledge
1. Identify, using different approaches, the main micro and macro economic issues
2. Demonstrate an understanding of the link between micro and macro economic issues and the financial sector
3. Identify the main theories in the micro and macro economies
4. Identify the main theories in finance
5. Critically analyze how economies function in the context of financial features
6. Describe various special features of financial economics in contemporary markets
7. Describe the capital asset pricing model (CAPM)
Attitudes
8. Demonstrate willingness to apply finance and economics theories to real-world situations
9. Show an appreciation for the factors that drive the operations of the financial market
Skills
10. Communicate effectively in writing using the appropriate vocabulary/language of the discipline
11. Use the concepts learnt to apply financial theories in case analyses and/or practical work- based activities
