What are financial markets, and what roles do they play in the economy? How do uncertainty and volatility affect the operations of these markets? This module addresses these questions and provides students with a thorough analysis of the structure and functions of financial markets, capital markets, and the pivotal roles of financial institutions. Through developing students’ analytical skills in financial economics, the course covers critical theoretical and practical topics, including financial fragility, policy frameworks, and the governance mechanisms that underpin corporate and financial institution behaviour.