Syllabus

Financial Markets and Monetary Policy

Code
GNA3BA
Points
7.5 Credits
Level
First Cycle
School
School of Culture and Society
Subject field
Economics (NAA)
This course can be included in the following main field(s) of study
Economics1
Progression indicator within (each) main field of study
1G1N
Approved
Approved, 17 May 2024.
This syllabus is valid from 17 May 2024.
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Learning Outcomes

On completion of the course, students will be able to:

  • explain the short- and long-term effects of monetary policy, including the function of the central bank
  • describe the formation of short- and long-term interest rates, as well as the relationship between two countries’ interest rates
  • explain how different risks affect the pricing of the most common financial instruments
  • explain why regulations of the financial system are important for the stability of the financial market
  • explain and discuss problems affecting financial markets and monetary policy

 

Course Content

The course deals with the role of the financial market in the economy, foreign dependence and its effects on the financial markets of a small open economy. Furthermore, short- and long-term interest rate formation is described, as well as an analysis of the transmission mechanism, central banks’ reaction functions and the effects of their monetary policy measures. The course consists of two modules. In the first module, concepts and theories are applied to the financial market. In the second module, problems related to monetary policy and the financial market are dealt with.

Assessment

  • Written exam
  • Submission task
  • Active participation in seminars

Grades

The grading scale used for the final course grade is U–VG.

For the grade VG, VG is required in module 1

Grades are reported as follows:

  • Theory and application - 4 Credits | U–VG
  • Problematization - 3.5 Credits | U–G

Entry Requirements

  • General entry requirements and Mathematics 3b or 3c or Mathematics C, Social Sciences 1b or 1a1+1a2, English 6

Other Information

Overlaps GNA2NT

This course cannot be counted towards the same degree along with courses that have equivalent content.

If the student has received a decision/recommendation granting study support from Dalarna University because of a disability, then the examiner has the right to offer an alternative examination arrangement. The examiner takes into account the objectives in the course syllabus when deciding whether the examination can be adapted in accordance with the decision/recommendation.