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IB557A: ECONOMICS FOR FINANCE (2022-2023)

Last modified: 31 Jul 2023 11:19


Course Overview

Economics is subject within social sciences whose objective is to study how to allocate scarce resources, such as oil fields, bread, cars, haircuts, and financial capital. If there was an unlimited amount of resources, then economics would not be needed. Among other things, financial assets are scarce resources as well. That is one of the reasons why finance is relevant to economics. Conversely, economics is relevant to finance as it enables us to better understand how financial markets function. The objective of this course is to provide you with a sound understanding of the main economic theories and to demonstrate their relevance to finance.

Course Details

Study Type Postgraduate Level 5
Session Second Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Miss Cherie Connon

What courses & programmes must have been taken before this course?

  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

Economics is subject within social sciences whose objective is to study how to allocate scarce resources, such as oil fields, bread, cars, haircuts, and financial capital. If there was an unlimited amount of resources, then economics would not be needed. Among other things, financial assets are scarce resources as well. That is one of the reasons why finance is relevant to economics. Conversely, economics is relevant to finance as it enables us to better understand how financial markets function. The objective of this course is to provide you with a sound understanding of the main economic theories and to demonstrate their relevance to finance.


Details, including assessments, may be subject to change until 30 August 2024 for 1st half-session courses and 20 December 2024 for 2nd half-session courses.

Summative Assessments

Essay

Assessment Type Summative Weighting 70
Assessment Weeks Feedback Weeks

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Feedback

Online feedback will be provided to students adhering to the Institutional Framework for the Provision of Feedback.

Word Count 2400
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Reflective Report

Assessment Type Summative Weighting 30
Assessment Weeks Feedback Weeks

Look up Week Numbers

Feedback

Online feedback will be provided to students adhering to the Institutional Framework for the Provision of Feedback.

Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
ReflectionEvaluateA breadth of knowledge, understanding and skills beyond their chosen discipline(s)
ReflectionEvaluateA capacity for attentive exchange, informed argument and reasoning
ReflectionEvaluateA capacity for independent, conceptual and creative thinking
ReflectionEvaluateA contextual understanding of past and present knowledge and ideas
ReflectionEvaluateAn awareness and appreciation of ethical and moral issues
ReflectionEvaluateAn intellectual curiosity and a willingness to question accepted wisdom and to be open to new ideas
ReflectionEvaluateIn-depth and extensive knowledge, understanding and skills at internationally-recognised levels in their chosen discipline(s)
ReflectionEvaluateAn understanding of social and civic responsibilities, and of the rights of individuals and groups

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