Last modified: 31 Jul 2023 11:32
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.
| Study Type | Postgraduate | Level | 5 |
|---|---|---|---|
| Term | Second Term | Credit Points | 15 credits (7.5 ECTS credits) |
| Campus | Aberdeen | Sustained Study | No |
| Co-ordinators |
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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.
| Assessment Type | Summative | Weighting | 70 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback |
Online feedback will be provided to students adhering to the Institutional Framework for the Provision of Feedback. |
Word Count | 2400 | |
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
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| Assessment Type | Summative | Weighting | 30 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback |
Online feedback will be provided to students adhering to the Institutional Framework for the Provision of Feedback. |
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
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There are no assessments for this course.
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Reflection | Evaluate | A capacity for attentive exchange, informed argument and reasoning |
| Reflection | Evaluate | A capacity for independent, conceptual and creative thinking |
| Reflection | Evaluate | A contextual understanding of past and present knowledge and ideas |
| Reflection | Evaluate | An awareness and appreciation of ethical and moral issues |
| Reflection | Evaluate | An intellectual curiosity and a willingness to question accepted wisdom and to be open to new ideas |
| Reflection | Evaluate | In-depth and extensive knowledge, understanding and skills at internationally-recognised levels in their chosen discipline(s) |
| Reflection | Evaluate | An understanding of social and civic responsibilities, and of the rights of individuals and groups |
| Reflection | Evaluate | A breadth of knowledge, understanding and skills beyond their chosen discipline(s) |
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