EC4402 Monetary and Financial History

Academic year

2024 to 2025 Semester 2

Further information on which modules are specific to your programme.

Key module information

SCOTCAT credits

20

The Scottish Credit Accumulation and Transfer (SCOTCAT) system allows credits gained in Scotland to be transferred between institutions. The number of credits associated with a module gives an indication of the amount of learning effort required by the learner. European Credit Transfer System (ECTS) credits are half the value of SCOTCAT credits.

SCQF level

SCQF level 10

The Scottish Credit and Qualifications Framework (SCQF) provides an indication of the complexity of award qualifications and associated learning and operates on an ascending numeric scale from Levels 1-12 with SCQF Level 10 equating to a Scottish undergraduate Honours degree.

Availability restrictions

Available to General Degree students with the permission of the Honours Adviser

Planned timetable

When confirmed, check online https://timetables.st-andrews.ac.uk/.

This information is given as indicative. Timetable may change at short notice depending on room availability.

Module coordinator

Dr J R Cunha

This information is given as indicative. Staff involved in a module may change at short notice depending on availability and circumstances.

Module Staff

Dr Joao Rafael Cunha

This information is given as indicative. Staff involved in a module may change at short notice depending on availability and circumstances.

Module description

An understanding of economic history lends clarity to many questions in economics. Among these are: The extent and impact of globalization; the determinants of the wealth of nations; the occurrence and impact of financial crisis; and the importance of economic institutions. Each of these putatively modern questions have long historical antecedents. We will treat these questions with a modern rigour, studying work that uses theoretical and econometric analysis.

Relationship to other modules

Pre-requisites

PERMISSION OF THE ECONOMICS HONOURS ADVISER

Assessment pattern

Coursework (incl. Class Test 50%, Essay 50%) = 100%

Re-assessment

Coursework = 100%

Learning and teaching methods and delivery

Weekly contact

2 lectures per week (x 10 weeks). 1-hour tutorial (x 5 weeks)

Scheduled learning hours

25

The number of compulsory student:staff contact hours over the period of the module.

Guided independent study hours

175

The number of hours that students are expected to invest in independent study over the period of the module.

Intended learning outcomes

  • Understand the deep historical roots of many modern economic outcomes.
  • Understand the determinants of long-term economic growth.
  • Understand of the historical processes of economic development.
  • Understand the evolution of the financial and monetary policy.
  • Understand the long run view on major phenomena in financial economics (e.g. financial globalisation, exchange rate regimes, banking panics, currency crises, lender of last resort policies etc.)
  • Understand the historical perspectives to modern policy debates surrounding the recent financial crisis.