Aims and Objectives

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.