EC245-5-SP-CO:
International Financial Institutions and Policy
2016/17
Economics
Colchester Campus
Spring
Undergraduate: Level 5
Current
15
28 May 2013
Requisites for this module
EC111 or EC100
(none)
(none)
(none)
(none)
BSC N390 Banking and Finance,
BSC N392 Banking and Finance (Including Placement Year),
BSC NH90 Banking and Finance (Including Year Abroad),
BA 9O47 International Economics (Including Placement Year),
BA L115 International Economics,
BA L160 International Economics (Including Foundation Year),
BA L163 International Economics (Including Year Abroad),
BSC 5H18 International Economics (Including Placement Year),
BSC L116 International Economics,
BSC L161 International Economics (Including Foundation Year),
BSC L162 International Economics (Including Year Abroad)
This module studies international financial institutions such as the IMF, the Federal Reserve, the European Central Bank and the European Stability Mechanism. The focus is on the reasons for their existence, their policies and the effects of their policies on the international monetary system. It focuses on the period since the Second World War, especially the period of instability following the collapse of the Bretton Woods System. The 1980s Latin American debt crisis, the 1997-8 East Asian Financial crisis, the 2007-9 subprime crisis and the recent problems of the eurozone are covered in detail. The role of institutions in shaping the policy response to these crises, and how crises have reshaped the institutions, are studied.
Students who complete the course successfully will have obtained an understanding of the institutional framework within which international financial relations are organised. They will have acquired a grasp of the relationship between aspirations of national economic policy and the constraints of the international environment. They will have gained some insight into the roles of the developed and the developing countries in managing the financial institutions of the world economy. It will improve students' abilities to gather information and enhance their essay-writing. It will encourage independent enquiry, communication skills and will contribute to professional working abillity. It will thus develop students' academic skills and enhance their employability.
No information available.
No information available.
No additional information available.
2 lecture hours per week in one term.
Assessment items, weightings and deadlines
| Coursework / exam |
Description |
Deadline |
Coursework weighting |
| Written Exam |
Assignment 1 |
|
|
| Exam |
Main exam: 120 minutes during Summer (Main Period)
|
Exam format definitions
- Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
- In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
- In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
- In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary,
for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.
Your department will provide further guidance before your exams.
Overall assessment
Reassessment
Module supervisor and teaching staff
Prof G Vernasca
For further information, send an email message to ueco@essex.ac.uk.
Yes
Yes
No
No external examiner information available for this module.
Available via Moodle
Of 24 hours, 22 (91.7%) hours available to students:
0 hours not recorded due to service coverage or fault;
2 hours not recorded due to opt-out by lecturer(s).
Economics
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