This a very strongly research-led module. This module will provide an advanced, albeit non-technical, critical understanding for students with a variety of academic backgrounds of the issues and developments in the area of finance for development. This will include, for example, the impact of overseas development assistance (foreign aid) and foreign direct investment upon development, the role played by the IMF and World Bank and recent developments in the areas of microfinance and Islamic Finance. The module will have a developmental form of assessment in the form of a research-based proposal for a new textbook that will allow students to revisit and apply the knowledge they have acquired in the module from a perspective of their choice like, for instance, de-colonisation of the curriculum, sustainability, environment, fintech, financial inclusion, gender .

(LO1) Students will be able to understand the fundamental principles and concepts of finance and their application and relevance in the context of development and development finance.

(LO2) Students will be able to develop a deeper understanding of the financial problems and constraints faced by individuals, households, firms and financial institutions in the context of developing countries.

(LO3) Students will be able to critically evaluate the impact of different sources of finance such as foreign aid, FDI and microfinance.

(LO4) Students will be able to critically evaluate financial issues in a clear international context.

(LO5) Students will be able to develop a critical awareness of the ethical issues involved in financial decisions and topics covered in the module

(S1) An Excellent Communicator

(S2) Digitally Confident

(S3) Globally Aware

(S4) Ethically Aware

Teaching Method: Lecture
Scheduled Directed Student Hours: 24
Attendance Recorded: Yes

Teaching Method: Seminar
Description: Bi-weekly 1 hour discussions will provide the opportunity to consolidate and extend understanding through a combination of structured exercises, discussion and analysis of academic articles.
Scheduled Directed Student Hours: 6
Attendance Recorded: Yes

Self Directed Learning Hours: 120
Description: These independent learning hours are aimed at supporting the directed student learning. The module leader will provide guidance in the form of suggested readings and topics to examine with the expectation that students are well prepared to contribute to the tutorial activities and to understand the content of videos. Self-Directed Learning will include research activity, developing academic writing skills, and wider reading to support the module

Pre-requisites: Students must take ECON127 and ECON254 or ECON121 and ECON123.

Skills/Other Attributes Mapping

Skills / attributes: An Excellent Communicator
How this is developed: Students will use word processing to draft the book review and book proposal, The assignment will require students to submit complex written documents that should convey complex concepts in a clear and succinct manner
Mode of assessment (if applicable): Coursework and Examination

Skills / attributes: Digitally Confident
How this is developed: Students will use word processing to draft the book proposal and will access several repositories of information, either data or text, The coursework will require students to submit a complex written document that is the result of research of databases and repositories of information
Mode of assessment (if applicable): Coursework

Skills / attributes: Globally Aware
How this is developed: Lectures and tutorials, this module covers topics that are very relevant globally, in particular in emerging countr ies providing a new perspective. The assignments will require students to incorporate a global perspective on a number of financial topics
Mode of assessment (if applicable): Coursework and Examination

Skills / attributes: Ethically aware
How this is developed: Students will be challenged to think about the role of financial intermediaries and take into consideration different approaches to finance, the assignments will require students to incorporate an ethical perspective on a number of financial topics.
Mode of assessment (if applicable): Coursework and Examination

Finance and growth;
Microcredit;
Overseas Development Assistance;
Foreign Direct Investment;
Islamic Finance.