KTTS4110 Principles of Banking (5 cr)

Grading scale
0-5
Teaching languages
English
Responsible person(s)
Juha-Pekka Junttila

Learning outcomes

On successful completion of the course, the students
• know the specific characters of banks as firms
• are familiar with the role of banks as financial intermediaries in the overall economy
• understand the monetary policy transmission mechanism during normal and crisis periods
• recognize the forms of regulation and its effects on banking and economy as a whole

Study methods

Contact teaching course, autumn semester, 1st period. The study methods of the contact teaching course are specified in the study program annually.

Content

The concepts of money, banking and financial markets, financial institutions, new forms of financial intermediation, market structures, competition, co-operative and relationship banking as special cases, banking and financial crises, monetary policy transmission, regulation, macro-prudential policies, economic growth and financial stability

Further information

Recommended timing for BIF students: 1st year.
Recommended timing for Finnish M.Sc. degree students: 3rd or 4th year.

Materials

Lecture notes and all the other relevant material distributed through Optima

Literature:

ISBN-number Author, year of publication, title, publisher
978-1292094182 Mishkin, F.S., 2016. ‘Economics of Money, Banking and Financial Markets, 11th ed.

Assessment criteria

Accepted completion of the designated assignments. The assessment criteria of the course is specified in the study program annually.