Module overview
Aims and Objectives
Learning Outcomes
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- assess the role and impact of banks and the central bank, and the need for appropriate regulation and supervision.
- interpret critically official publications by banks, central banks and authorities.
- gain an understanding of the logic and workings of financial institutions, markets and the economy.
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- banking supervision and regulation in an international context.
- financial and banking crises in an international context.
- important aspects of central banking in an international context.
- the role of banks and the central bank and how they influence the economy, including consumer prices and asset prices.
- the link between banks and economic development in an international context.
Transferable and Generic Skills
Having successfully completed this module you will be able to:
- make up your own mind about events, by utilising an empirical research methodology.
- develop skills in critically assessing and using official statements.
- become aware of latent biases in official publications and versions of events.
Syllabus
Role and Impact of Banking in the economy:
- The role of banks in money creation and money supply
- Monetary policy and its transmission through the banking system
- Ownership issues in banking (foreign vs private vs state banks)
- Banking Crises and Banking Sector Restructuring
- Central Banking
- International Banking and Economic Development
Learning and Teaching
Teaching and learning methods
Teaching mainly takes the form of lectures, with recommended supplementary reading. There will be handouts for parts of the programme, but students are encouraged to take careful notes of the lectures. The course should offer ample stimuli for MSc dissertation topics.
Type | Hours |
---|---|
Independent Study | 126 |
Teaching | 24 |
Total study time | 150 |
Resources & Reading list
General Resources
Journal of Financial Intermediation. Journal
Journal of Banking and Finance. Journal
Federal Reserve Bank of New York Quarterly Review. Journal / Working Paper Series
Journal of Financial Stability. Journal
Federal Reserve Bulletin. Journal / Working Paper Series
Journal of Money, Credit and Banking. Journal
Bank of England Quarterly Bulletin. Journal / Working Paper Series
Internet Resources
Textbooks
Matthews and Thompson (2014). The Economics of Banking. Wiley.
Finel-Honigman, I. (2015). International Banking for a New Century. Routledge.
Buckley (2011). Financial Crisis. Pearson.
Mishkin (2016). The Economics of Money, Banking and Financial Markets. Pearson.
Saunders, A. and Millon Cornett, M. (2017). Financial Institutions Management: A Risk Management Approach. McGraw-Hill.
Casu, Girardone and Molyneux (2015). Introduction to Banking. Pearson.
Assessment
Formative
This is how we’ll give you feedback as you are learning. It is not a formal test or exam.
Questions and answers
- Assessment Type: Formative
- Feedback:
- Final Assessment: No
- Group Work: No
Summative
This is how we’ll formally assess what you have learned in this module.
Method | Percentage contribution |
---|---|
Examination | 100% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
Method | Percentage contribution |
---|---|
Examination | 100% |
Repeat
An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.
Method | Percentage contribution |
---|---|
Examination | 100% |