Module Details

Module Code: ECON C3322
Module Title: The Global Economy 2
Title: The Global Economy 2
Module Level:: 8
Credits:: 5
Module Coordinator: Martin Meagher
Module Author:: Dominic Burke
Domains:  
Module Description: Knowledge of Global financial economics is becoming increasingly important in today's globalised workplace. This module aims to equip the student with an in-depth understanding of global financial economics , by offering a wide range of areas that explore issues surrounding the money and bond markets, the stock and foreign exchange markets and derivative securities. The student will learn to use current financial analytical tools to find solutions to challenging questions that arise in the global financial economics area.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Understand and analyse the workings of the financial markets.
LO2 Undertake a comprehensive economic analysis and assessment of economies;
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is recommended before enrolment in this module.
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Additional Requisite Information
No Co Requisites listed
 
Indicative Content
Global Financial Markets
The foreign exchange market; Predicting changes in exchange rates; Cryptocurrencies, Money, banking and interest rates; the role of central banks and monetary policies. The markets for equities and derivative securities; International capital flows.
International Country Economic Analysis
The importance of macroeconomic data for the international businessperson; Why is it important to understand how an economy performs?; The necessary economic indicators required for analysing countries; Sources of economic data; Interpreting key macroeconomic indicators and their future trends such as: Economic growth; Employment/unemployment and wage levels; Inflation; Trade (Exports and imports); Trading partners and agreements; Corporation tax; Level of debt; Population and the level of consumer spending; Level of government spending; The Global economy; The U.S. economy; The economies of Europe; The economy of China; Emerging market economies;
Module Content & Assessment
Assessment Breakdown%
Continuous Assessment100.00%

Assessments

Full Time

Continuous Assessment
Assessment Type Essay % of Total Mark 50
Timing Week 6 Learning Outcomes 1
Non-marked No
Assessment Description
Academic Essay
Assessment Type Project % of Total Mark 50
Timing Week 11 Learning Outcomes 2
Non-marked No
Assessment Description
Economic Country Analysis
No Project
No Practical
No End of Module Formal Examination
Reassessment Requirement
Exam Board
It is at the discretion of the Examination Board as to what the qualifying criteria are.

SETU Carlow Campus reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Workload Category Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description 12 Weeks per Stage 3.00 36
Independent Learning Time Non Contact No Description 15 Weeks per Stage 5.93 89
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Workload Category Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description Every Week 1.50 1.5
Independent Learning Time Non Contact No Description Every Week 7.50 7.5
Total Weekly Contact Hours 1.50
 
Module Resources
Recommended Book Resources
  • Frederic S. Mishkin,Stanley Eakins. (2018), Financial Markets and Institutions, Global Edition, 9th. Pearson Higher Ed, p.696, [ISBN: 9781292215037].
Supplementary Book Resources
  • NYU Stern. (2017), The Global Economy, NYU Stern Department of Economics, New York.
  • Anthony Saunders,Marcia Millon Cornett. (2021), Financial Markets and Institutions, 8th. McGraw- Hill, [ISBN: 1260772403].
  • Stephen Giovanni Cecchetti,Kermit L Schoenholtz. (2021), Money, Banking, and Financial Markets, 6th. McGraw-Hill, [ISBN: 1260226786].
  • David M. Currie. (2011), Country Analysis, 1st. Gower Publishing, Ltd., p.210, [ISBN: 9780566092374].
  • Dirk Niepelt. (2019), Macroeconomic Analysis, 1st. MIT Press, p.320, [ISBN: 9780262043472].
  • Peter Fuleky. (2019), Macroeconomic Forecasting in the Era of Big Data, 1st. Springer Nature, p.719, [ISBN: 9783030311506].
  • Charles Hill. (2021), International Business: Competing in the Global Marketplace, 13th. McGraw-Hill.
  • John O'Hagan,Francis O'Toole. (2017), The Economy of Ireland: Policy making in a Global Context, 13th. Red Globe Press, p.384, [ISBN: 1137611065].
This module does not have any article/paper resources
Other Resources
Discussion Note: