{"id":6982,"date":"2023-06-06T15:54:23","date_gmt":"2023-06-06T12:54:23","guid":{"rendered":"https:\/\/www.uol.ac.cy\/?post_type=courses&#038;p=6982"},"modified":"2024-10-16T15:01:44","modified_gmt":"2024-10-16T12:01:44","slug":"fb610-investment-industry-and-fundamentals-of-economics","status":"publish","type":"courses","link":"https:\/\/www.uol.ac.cy\/en\/courses\/fb610-investment-industry-and-fundamentals-of-economics\/","title":{"rendered":"FB610 &#8211; Investment Industry and Fundamentals of Economics"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"class_list":["post-6982","courses","type-courses","status-publish","hentry"],"acf":[],"spectra_custom_meta":{"_last_editor_used_jetpack":["classic-editor"],"_edit_lock":["1729080496:17"],"_edit_last":["17"],"c_course_main_title":["Master of Science in Financial Services"],"_c_course_main_title":["field_6447c49f617d3"],"c_course_unit_title":["Investment Industry and Fundamentals of Economics"],"_c_course_unit_title":["field_6447c246335b9"],"course_unit_code":["FB610"],"_course_unit_code":["field_63f6047058b75"],"type_of_unit":["Elective"],"_type_of_unit":["field_63f6047758b76"],"level_of_course_unit":["Second cycle"],"_level_of_course_unit":["field_63f6047c58b77"],"year_of_study":["First\/second year"],"_year_of_study":["field_63f6048558b78"],"semester":["On-demand"],"_semester":["field_63f6049158b79"],"number_of_ects_credits":["6"],"_number_of_ects_credits":["field_63f6049b58b7a"],"class_contact_hours":["28"],"_class_contact_hours":["field_63f604a358b7b"],"course_unit_objectives":["The objective of this course is to provide a thorough understanding of the investment industry, roles and responsibilities, the fundamentals of economics and the vital importance of ethical conduct. The course can be used for a comprehensive overview of investments and completing knowledge gaps by students from Programmes other than MSc Financial Services Programme."],"_course_unit_objectives":["field_63f606bd0ec15"],"c_learning_outcomes":["The students completing the course should be able to:"],"_c_learning_outcomes":["field_63f607e69bd76"],"c_learning_outcomes_description":["<ul>\r\n \t<li>Explain how economies benefit from the existence of the investment Industry, identify types of financial institution, describe forces that affect the evolution of the investment industry, describe the need for ethics in the investment industry.<\/li>\r\n \t<li>Describe objectives of investment industry regulation, identify elements of a company\u2019s policies and procedures to ensure the company complies with regulation.<\/li>\r\n \t<li>Define microeconomics and describe how demand for a product or service is affected by substitute and complementary products and services; describe factors that affect quantity supplied; describe market equilibrium; describe and interpret price and income elasticities of demand and their effects on quantity and revenue.<\/li>\r\n \t<li>Define macroeconomics and describe why macroeconomic considerations are important to an investment firm and how macroeconomic information may be used; describe economic indicators and their uses and limitations; explain limitations of monetary policy and\r\nfiscal policy.<\/li>\r\n \t<li>Describe needs served by the investment industry; distinguish between buy-side and sell-side firms in the investment industry; distinguish between pooled investments, including open-end mutual funds, closed- end funds, and exchange-traded funds; describe market efficiency in terms of operations, information, and allocation.<\/li>\r\n<\/ul>"],"_c_learning_outcomes_description":["field_63f607f99bd77"],"c_mode_of_delivery":["Mode of Delivery"],"_c_mode_of_delivery":["field_6447c76184617"],"c_prerequisites":["None"],"_c_prerequisites":["field_6447c76c84618"],"c_course_content":["<ol>\r\n \t<li>The Investment Industry: A Top-Down View; Ethics and Investment Professionalism<\/li>\r\n \t<li>Regulation<\/li>\r\n \t<li>Microeconomics<\/li>\r\n \t<li>Macroeconomics, Economics of International Trade, Financial Statements, Quantitative Concept<\/li>\r\n \t<li>Structure of the Investment Industry, Investment Vehicles, The Functioning of Financial Markets<\/li>\r\n<\/ol>"],"_c_course_content":["field_63f608209bd78"],"c_truefalse":["0"],"_c_truefalse":["field_6447c80f84619"],"c_readings_0_c_readings_1st_row":["<strong>Recommended or required reading<\/strong>\r\n\r\n<strong>Textbooks:<\/strong>\r\n\r\n1. \u201cFundamentals of Investing\u201d, by Scott B. Smart and Chad J. Zutter, 14th edition, Pearson, 2020.\r\n\r\n2. \u201cMicroeconomics\u201d, Campbell R. McConnell, Stanley L. Brue and Sean Masaki Flynn, 20th edition, Mc Graw Hill, 2017\r\n\r\n&nbsp;"],"_c_readings_0_c_readings_1st_row":["field_6447d03051789"],"c_readings_0_c_readings_2st_row":["3. \u201cMacroeconomics\u201d, Campbell R. McConnell, Stanley L. Brue and Sean Masaki Flynn, 22th edition, Mc Graw Hill, 2020\r\n\r\n4. CFA Institute materials for Investment Foundations Program"],"_c_readings_0_c_readings_2st_row":["field_6447d0425178a"],"c_readings":["1"],"_c_readings":["field_6447d00351788"],"_seopress_redirections_type":["301"],"_seopress_redirections_logged_status":["both"],"site-sidebar-layout":["default"],"site-content-layout":["default"],"theme-transparent-header-meta":["default"],"_seopress_analysis_target_kw":[""],"_eael_post_view_count":["1915"],"classic-editor-remember":["classic-editor"],"_wp_page_template":["default"],"English_Course":["a:1:{i:0;s:7:\"English\";}"],"_English_Course":["field_664a7ab2b54a8"],"greek_course":[""],"_greek_course":["field_664afc80bfc9b"],"yesno":["1"],"_yesno":["field_6648f406b6def"],"core_en_and_gr":["Elective Course"],"_core_en_and_gr":["field_664c54e2559a3"],"Teacher\u2019s_name":["#"],"_Teacher\u2019s_name":["field_6647979a4a918"],"Course_Unit_Objectives_new":[""],"_Course_Unit_Objectives_new":["field_664c5c2365623"],"Learning_Outcomes_select":["Learning Outcomes"],"_Learning_Outcomes_select":["field_63f607e69bd76"],"Select_mode_of_delivery_language":["Face to Face"],"_Select_mode_of_delivery_language":["field_66546dc27e3f7"],"select_from_Prerequisites_language":["Prerequisites"],"_select_from_Prerequisites_language":["field_6447c76c84618"],"Prerequisites":["None"],"_Prerequisites":["field_664a8078df416"],"Course_Content":["Course Content"],"_Course_Content":["field_664892bc7a322"],"add_course_content":["The Investment Industry: A Top-Down View; Ethics and Investment Professionalism\r\nRegulation\r\nMicroeconomics\r\nMacroeconomics, Economics of International Trade, Financial Statements, Quantitative Concept\r\nStructure of the Investment Industry, Investment Vehicles, The\r\nFunctioning of Financial Markets"],"_add_course_content":["field_664a842c9b2b8"],"Features":["Course Features"],"_Features":["field_664a88b548af2"],"add_course_feautres":["<strong>Planned learning activities and teaching methods<\/strong>\r\nLectures; in-class discussion and debates; in-class exercises; problem sets; team work; team presentations, interactive online learning via Moodle (quizzes, assignments, forums)\r\n\r\n<strong>Assessment methods and criteria<\/strong>\r\n10% Class Participation\r\n30% Quizzes Moodle\r\n60% Final Exam\r\n\r\n<strong>Language of Instruction<\/strong>\r\nEnglish\r\n\r\n<strong>Work Placement(s)<\/strong>\r\nNot applicable\r\n\r\n&nbsp;"],"_add_course_feautres":["field_664a89441aacf"],"read_choice_lang":["Readings"],"_read_choice_lang":["field_664a8c0bc9898"],"ast-site-content-layout":["default"],"site-content-style":["default"],"site-sidebar-style":["default"],"feature_image_program":[""],"_feature_image_program":["field_668bbb4805cdb"],"return_to_the_program":["<a href=\"https:\/\/www.uol.ac.cy\/en\/program\/msc-fs-program\/\">Return to the program<\/a>"],"_return_to_the_program":["field_668ff14d984ef"],"astra-migrate-meta-layouts":["set"],"stick-header-meta":["default"],"_uag_css_file_name":["uag-css-6982.css"],"_elementor_page_assets":["a:0:{}"],"_uag_page_assets":["a:9:{s:3:\"css\";s:263:\".uag-blocks-common-selector{z-index:var(--z-index-desktop) !important}@media (max-width: 976px){.uag-blocks-common-selector{z-index:var(--z-index-tablet) !important}}@media (max-width: 767px){.uag-blocks-common-selector{z-index:var(--z-index-mobile) !important}}\n\";s:2:\"js\";s:0:\"\";s:18:\"current_block_list\";a:1:{i:0;s:11:\"core\/search\";}s:8:\"uag_flag\";b:0;s:11:\"uag_version\";s:10:\"1775563736\";s:6:\"gfonts\";a:0:{}s:10:\"gfonts_url\";s:0:\"\";s:12:\"gfonts_files\";a:0:{}s:14:\"uag_faq_layout\";b:0;}"]},"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"trp-custom-language-flag":false},"uagb_author_info":{"display_name":"p.efstathiou@uol.ac.cy","author_link":"https:\/\/www.uol.ac.cy\/en\/author\/"},"uagb_comment_info":0,"uagb_excerpt":null,"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/courses\/6982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/courses"}],"about":[{"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/types\/courses"}],"version-history":[{"count":0,"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/courses\/6982\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/media?parent=6982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}