KTTS4110 Principles of Banking (5 cr)
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.