ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title ISSUES IN DEVELOPMENT FINANCE
Code ACFI317
Coordinator Dr G Giorgioni
Finance and Accounting
G.Giorgioni@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2021-22 Level 6 FHEQ First Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):

 

Modules for which this module is a pre-requisite:

 

Programme(s) (including Year of Study) to which this module is available on a required basis:

 

Programme(s) (including Year of Study) to which this module is available on an optional basis:

 

Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours   6

      12

12

6

36
Timetable (if known)   60 mins X 1 totaling 6
 
      120 mins X 1 totaling 24
60 mins X 1 totaling 6
 
 
Private Study 114
TOTAL HOURS 150

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
             
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Assessment: Coursework Type: Coursework Size: 4000 Words Weighting: 70% Reassessment: Yes Penalty for Late Submission: Standard Anonymous: Yes Final Assessment: Yes Assessment   -4000 words    70       
Assessment 1: Book Review Type: Coursework Size: 1000 Words Weighting: 30% Reassessment: Yes Penalty for Late Submission: Standard Anonymous: Yes  -1000 words    30       

Aims

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.


Learning Outcomes

(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) Communication skills

(S2) IT skills

(S3) International Awareness

(S4) Ethical Awareness


Teaching and Learning Strategies

Teaching Method: Online Asynchronous Learning Materials
Description: Ad-hoc videos designed to give essential information and introduce students to topics, relevant theories and tools of analysis.
Unscheduled Directed Student Hours: 12
Attendance Recorded: No

Teaching Method: Large Group Teaching
Scheduled Directed Student Hours: 12
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 current articles in the financial press and other questions.
Scheduled Directed Student Hours: 6
Attendance Recorded: Yes

Teaching Method: Group Study
Scheduled Student Hours: 6
Attendance Recorded: No

Self Directed Learning Hours: 114
Description: These independent learning hours are aimed at supporting the directed student learning. The module lead er 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/ ACFI260 or ECON121 and ECON123.

Skills/Other Attributes Mapping

Skills / attributes: Communication skills
How this is developed: Lectures and tutorials
Mode of assessment (if applicable): Coursework and Examination

Skills / attributes: IT skills
How this is developed: Lectures and tutorials
Mode of assessment (if applicable): Coursework

Skills / attributes: International awareness
How this is developed: Lectures and tutorials
Mode of assessment (if applicable): Coursework and Examination

Skills / attributes: Ethical awareness How this is developed: Lectures and tutorials
Mode of assessment (if applicable): Coursework and Examination


Syllabus

 

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


Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.