Curriculum Portal

infoWhy this? Risk and the Financial Sector is taught because it develops an understanding of how financial institutions support economic activity by providing credit, managing risk, and facilitating investment. Students explore the role of banks, financial markets, and central banks, as well as the importance of managing uncertainty in both business and personal decision-making. Risk and the Financial Sector also examines the causes and consequences of the Global Financial Crisis, helping students evaluate the importance of financial regulation and stability for businesses, consumers, and the wider economy.

scheduleWhy now? Risk and the Financial Sector is taught at the end of the course because students have already developed a broad understanding of markets, firms, globalisation, market failure, and macroeconomic policy. This unit brings together those areas by examining how the financial system supports economic activity, manages risk, and influences economic performance. Risk and the Financial Sector provides a fitting conclusion to the specification, allowing students to apply their understanding of both microeconomics and macroeconomics to evaluate the role of financial institutions, central banks, and regulation in promoting economic stability and growth.