Financial and Monetary Economics
| Code | School | Level | Credits | Semesters |
| BUSI4284 | Nottingham University Business School | 4 | 10 | Full Year Malaysia |
- Code
- BUSI4284
- School
- Nottingham University Business School
- Level
- 4
- Credits
- 10
- Semesters
- Full Year Malaysia
Summary
This module provides an understanding of the overall workings of the economy and goverment policies toward employment, output, inflation and the balance of payments, focusing in particular on the monetary and financial aspects and the determination of interest rates and exchange rates.
Target Students
Only students registered on the MBA programme.
Classes
30 hours contact time over a one-week intensive block Activity : Lecture topics, industrial talks or other relevant module learning activities Number of weeks : 1 Week Number of sessions : 7 per week. Duration of a session : 3 hours (weekday) to 7.5 hours (weekend)
Assessment
- 30% Coursework 1: Coursework (2,500 words)
- 70% Exam 1 (2-hour): 2 Hour Examination
Educational Aims
1. To provide an understanding of the overall workings of the economy and of the impact on it of government macroeconomic and financial policies.2. To provide a broad understanding of the role and functions of the financial system in the economy.3. To focus on the monetary, financial and fiscal aspects of government policy, paying particular attention to the determination of interest rates, inflation rates and exchange rates.4. To provide a brief introduction to contemporary macroeconomic and financial controversies.Learning Outcomes
Knowledge and understanding
This module develops a knowledge and understanding of:
- The dynamics of the global economy and international business &/or anawareness of cultural, legal/regulatory, political, and economic differences acrosscountries &/or an appreciation of management issues from a global perspective.
- Markets - the development and operation of markets for resources, goods and services
- Finance - the sources, uses and management of finance; the use of accountingand other information systems for managerial applications
- Business policy and strategy - the development of appropriate policies andstrategies within a changing environment, to meet stakeholder interests
- Pervasive issues - these would include sustainability, globalisation, corporatesocial responsibility, diversity, business innovation, creativity, enterprisedevelopment, knowledge management and risk management
- Ability to recognise and address ethical dilemmas and corporate socialresponsibility issues, applying ethical and organisational values to situations andchoices
- The importance of sustainability issues, including an understanding of thechallenges and opportunities arising from the activities of people and organisationson the economic, social and environmental conditions of the future.
Intellectual skills
This module develops:
- Being able to think critically and be creative: manage the creative processes in self and others; organise thoughts, analyse, synthesise and critically appraise. This includes the capability to identify assumptions, evaluate statements in terms of evidence, detect false logic or reasoning, identify implicit values, define terms adequately and generalise appropriately
- Using information and knowledge effectively: scanning and organising data, synthesising and analysing in order to abstract meaning from information and to share knowledge
- Numeracy and quantitative skills including the development and use of relevant business models
Professional practical skills
This module develops:
- The ability to conduct research into business and management issues either individually or as part of a team through research design, data collection, analysis, synthesis and reporting
Transferable (key) skills
This module develops:
- High personal effectiveness: critical self-awareness, self-reflection and self-management; time management; sensitivity to diversity in people and different situations and the ability to continue to learn through reflection on practice and experience
- Effective two-way communication: listening, effective oral and written communication of complex ideas and arguments, using a range of media, including the preparation of business reports