Module code: ECN243
Credits: 15.0
Semester: SEM2
Contact: Dr Thomai Filippeli
Overlap: In taking this module you cannot take ECN205
Prerequisite: Before taking this module students must be familiar with basic mathematical tools (e.G., basic algebra, interpreting simple equations, graphing functions, interpreting statistics such as means and variances).
This module introduces students to the institutions of modern banking and to the role of banks as financial intermediaries in the economy. Topics discussed will include: the origins and history of banking, the types of banks and the range of products and services they offer, banking supervision and regulation, the functions of a Central Bank, securitisation and financial innovation, shadow banking, and recent changes in intermediation technology. The module has a focus on the institutional details of the banking sector that will inform both further study of finance and potential employment in the financial services industry.
Connected course(s): UDF DATA
Assessment: 70.0% Examination, 15.0% Practical, 15.0% Coursework
Level: 5