There are two main aims for this module namely:

• to provide students with a basic understanding of the practical operations and economic rationale underlying the markets.
• to introduce students to some current issues in futures market research.

On completing this module, the learning outcomes are such that students will be able to:

Knowledge and Understanding

• A2 Apply core advanced economic theory and quantitative methods to applied topics.
• A3 Show understanding of advanced analytical methods, both theory- and modelbased.
• A4 Show understanding of relevant mathematical and statistical techniques.

Intellectual Skills

• B1 apply complex ideas to solve problems
• B2 work with abstract concepts and in a context of generality
• B3 reason logically and work analytically
• B4 perform with high levels of accuracy

Professional / Practical Skills

• C1 identify appropriate economic models to analyse problems
• C2 select and apply appropriate techniques to solve problems
• C3 justify conclusions using economic arguments with appropriate rigour

Transferable Skills

• D1 apply mathematical, statistical and graphical techniques in an appropriate manner
• D2 communicate effectively and clearly in written and oral formats
• D3 analyse and solve complex problems accurately

Emphasised learning outcomes from the study of this module are:

• A4 Show understanding of relevant mathematical and statistical techniques in the context of futures markets.
• B1 Apply complex ideas to solve problems in the futures and options markets.
• C3 Justify conclusions using economic arguments with appropriate rigour.
• D1 Apply mathematical, statistical and graphical techniques in an appropriate manner.