C161 Introduction to Economics . This unit analyses the operations of national and international money markets and the institutions therein. At a national level topics include the main financial intermediaries, the role of the Reserve Bank, the determination of interest rates and the economic analysis of insurance. International aspects include spot and forward exchange markets, capital flows, and international financial institutions. C161 Introduction to Economics .
Social policy is concerned with the distribution of resources between different groups in society.
This unit provides an economic analysis of social policy. The first part of this unit analyses two major areas of social expenditure, education and health. The second is concerned with the distribution of income, wealth and poverty and the tax and transfer policies which alter the distribution of income and wealth. C161 Introduction to Economics . Econometrics is concerned with the empirical testing of economic theories, and a working knowledge of the subject is essential for those students intending to work as professional economists, financial analysts and business professionals.