Finance, the Economy and Society
Understanding the links between the financial system and the real economy is vital. This module examines the various ways in which finance impacts on societies – by analysing financial exclusion, debt problems and selected public sector financing issues. After completing the module, you'll have an understanding of the importance of the financial system to the economy, society and individuals, as well as an appreciation of the complexities and problems of financing public sector services such as the NHS and education.
Key Topics
>Overview of the real economy, the monetary system and the financial system
>The financial system – institutions, functions, players
>Recent developments in the financial services industry
>Financial crashes, panics and manias – expectations and behaviour in financial markets
>Finance and the poor – finance, debt and development
>Public sector financing issues, the NHS: cost escalation problems, underfinancing the NHS?
Assessment
There are a number of assessments that you complete as part of your coursework and forward to your academic tutor for grading and comments.
You'll also take a summative assessment at the end of your module. Exam venues are located across the UK and exams take place twice a year. Please note that there are additional assessment fees for each module.