Courses Exchange Display 2017-2018

Course Description To PDF
Course title Banking
Course code EBC2019
ECTS credits 6,5
Assessement None
Period
Period Start End Mon Tue Wed Thu Fri
1 4-9-2017 27-10-2017 X/E X/E
Level Intermediate
Coordinator Jaap Bos, Clemens Kool
For more information: j.bos@maastrichtuniversity.nl; c.kool@maastrichtuniversity.nl
Language of instruction English
Goals
- To understand the functioning of financial (sub)markets (e.g. capital and money market) and their role and function in the overall economic framework;
- To get a basic understanding of the functions of a central bank and monetary policy;
- To understand the essentials of banks and to get a basic understanding of their operations; to learn about the main developments in the (international) banking sector;
- To understand the basics of financial risk management and the role of supervisory authorities; to get a basic understanding of financial stability issues.
Description
The aim of this course is to provide an introduction to topics in the field of (international) financial markets, central banks and monetary policy and the banking sector.
The course begins with a classification of financial markets (e.g. capital markets, money markets) as well as an analysis of the role financial markets play in the overall economic framework, both from a macro-economic as well as a micro-economic perspective.
Thereafter, the "management" of financial markets is discussed, in particular the central role played by central banks in this respect. The functions and tasks of central banks will be analysed, in particular their responsibility for monetary policy. In this context, the course will in particular deal with the operational framework for monetary policy, and the interaction of central banks and banks in the money market.
Subsequently, another major player in the financial markets will be analysed, i.e. the banking sector. The functions of banks will be elaborated upon, as well as their respective business activities. Also the developments in the (international) banking sector will be analysed.
The course finishes with an analysis of risk management at banks, and the importance of adequate risk management from the point of view of overall financial stability. In this context, the role of financial supervisors will be discussed.
Literature
F. Mishkin, K. Matthews, M. Giuliodori. The economics of money, banking and financial markets, European edition.
Prerequisites
See course manual.
Teaching methods PBL / Presentation / Lecture / Assignment
Assessment methods Participation / Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Bachelor Fiscale Economie Electives
Bachelor Economics and Business Economics Specialisation Emerging Markets Year 2 Core Courses
Bachelor Economics and Business Economics Specialisation International Business Economics Compulsory Courses
SBE Exchange Bachelor Bachelor Exchange Courses
SBE Exchange Master Bachelor Exchange Courses
SBE Non Degree Courses Bachelor Courses