M&FM

Short course

Money and financial markets

Short courses

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Builds on

This course builds on the economic foundations covered in the Business economics short course.

Aim of the course

The course aims to provide participants with a more real-world understanding of financial markets in general, and the developing economy financial markets in particular. Considerable emphasis is placed on current debates focusing on the emergence of digital currencies, the changing nature of wholesale money markets, the development of non-bank electronic payments mechanisms, the changing objectives of central banks and the monetary policy instruments they are using, and the emergence of new global payments systems that are seeking to by-pass the US dollar.

A large amount of data is used by way of support for the particular interpretation of the behaviour of financial markets provided in this course. Time will be set aside for discussions of the likely future direction of key financial market variables such as 3-month interbank rates, short-term debt interest rates, lending rates of commercial banks, and exchange rates.

What you get out of the course