FM200      Half Unit
Financial Systems and Crises

This information is for the 2017/18 session.

Teacher responsible

Dr Jean-Pierre Zigrand


This course is compulsory on the BSc in Finance. This course is not available as an outside option nor to General Course students.

Course content

This course will cover the historical development of financial markets and institutions. The topics include the historical evolution of forms of banking and of banking regulation, the evolution of financial exchanges and their regulation, financial crises, and the role of finance in long-run economic development.


33 hours of seminars in the MT.

This course will be taught in an interactive teaching format.

Formative coursework

Students will be expected to produce 10 problem sets in the MT.

The formative coursework will also include class participation.

Indicative reading

1. Unsettled Account, by Richard Grossman

2. Manias, Panics and Crashes, by Charles Kindleberger

3. A Financial History of Western Europe, by Charles Kindleberger


In class assessment (30%) and in class assessment (70%) in the MT.

Key facts

Department: Finance

Total students 2016/17: Unavailable

Average class size 2016/17: Unavailable

Capped 2016/17: No

Value: Half Unit

Guidelines for interpreting course guide information

PDAM skills

  • Problem solving
  • Application of information skills
  • Application of numeracy skills
  • Commercial awareness