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Centre for Financial & Management Studies (CeFiMS) - University of London

Postgraduate Diploma in Economic Policy

Structure and Syllabus

Syllabus

Macroeconomic policy and financial markets [C225]
Macroeconomic policy and financial markets focuses on the relationship between macroeconomic policies and financial markets. How do central banks’ policies on interest rates and credit relate to financial markets? What is the relation between budget deficits and financial markets? How do financial markets relate to investment and savings flows? The course includes both theory and empirical material.

Microeconomic principles and policy[C357]
This course is currently under development. Please check back here soon for more information about the course.

International finance [C229]
This course is concerned with the institutions of international finance and the key policy problems that have arisen in recent decades. It presents a policy-oriented perspective, similar to that an economist would use when advising governments on how to work within the modern international financial system and how to overcome its problems. The course aims to familiarise students with the three key concepts necessary for understanding the problems of policy formulation within the international financial system: the institutional structure of the modern international financial system; the principles of financial policy analysis for an open economy; and the principles affecting some current policy issues in international finance.

The International Monetary Fund and economic policy [C213]
This course introduces a number of concepts and approaches — in particular, disequilibrium and structuralist models of macroeconomics and finance. One of the main aims of this course is to encourage self-directed study. Whereas the earlier courses direct students along a firmly structured path, this course sets the broad parameters within which a relatively independent mode of study is encouraged, with optional topics provided for the investigation of special interests. The macroeconomics studied in other courses is based on equilibrium (or neo-classical) models. In addition, this course introduces disequilibrium and structuralist models and aims to familiarise students with the main ideas, concepts and techniques needed to understand these models.

Public financial management: planning and performanc [C201]
In this course you will be introduced to the methods and issues of public financial management. You will examine subjects including cost management, budgeting, expenditure control techniques, accounting for public spending and performance budgeting.

Public financial management: revenue [C205]
In this course you will study the theory and practice of public finance with special reference to how governments raise revenues and how they use taxation to pursue policy aims. The course is mainly concerned with taxation, borrowing and aid.

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