University of London

Small Navigation Menu

Primary Menu

Macroeconomic policy and financial markets


This module has been specially designed to increase the depth of your understanding of macroeconomics by focusing on the relation financial markets have to macroeconomics.

Topics covered

  • Macroeconomics and the World of Finance
  • Saving and Finance
  • Investment and Financial Markets
  • Monetary Policy and the Central Bank
  • Fiscal Policy and Government Finances
  • Expectations, Inflation, and Interest Rates
  • Foreign Exchange Markets and Foreign Trade
  • International Capital Flows and Financial Markets

Learning outcomes

We place the subject in a real-world context, aiming to show how theoretical and empirical knowledge of macroeconomics and financial markets provides ways to analyse the salient problems faced by modern macroeconomic policy makers.


Assessed by one three-hour unseen written examination and by the submission of two tutor marked assignments.​​