Money and Banking I

Module description

Summary:

This module asks why banks exist, what they do, and looks at the relationships between the lender and the borrower and rationing in the banking sector.

Additional Information:

Internationalisation

This module explores banking concepts that are relevant to many countries around the world, such as the microeconomics of banking and financial contracts.

Sustainability

All of the resources for this module are available on the ELE (Exeter Learning Environment).

Employability

Students obtain a good understanding of banking theory, which is essential for employment in the banking sector. They also develop their numerical and problem-solving skills.

Full module specification

Module title:Money and Banking I
Module code:BEE2028
Module level:2
Academic year:2016/7
Module lecturers:
  • Dr Yoske Igarashi - Lecturer
Module credit:15
ECTS value:

7.5

Pre-requisites:

BEE1029 or BEE1030

Co-requisites:

BEE2025 or BEE2024

Duration of module: Duration (weeks) - term 1:

11

Module aims

The aims of this module are to undertake a detailed analysis of various topics in the fields of monetary economics, banking and finance. The approach is geared towards analysing simple models of economic problems, and towards illustrating the policy implications of these models, and how well the models' predictions explain the real world.

ILO: Module-specific skills

  • 1. explain why banks exist
  • 2. explain what are the advantages of debt over equity finance
  • 3. explain what are the causes of a banking crisis
  • 4. explain simple models of bank runs
  • 5. explain how did regulation in the banking sphere change in response to managerial incentive problems

ILO: Discipline-specific skills

  • 6. demonstrate analytical skills, specifically their ability to use mathematical models to analyse economic problems

ILO: Personal and key skills

  • 7. demonstrate written communication skills, improving reasoning ability

Learning activities and teaching methods (given in hours of study time)

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad
271230

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Contact hours22Lectures
5Tutorials, weeks 2, 4, 6, 8, 10

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Questions posted on ELE2-4 questions1-7Discussed during tutorials, solutions posted online.

Summative assessment (% of credit)

CourseworkWritten examsPractical exams
20800

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Final Exam802 hours1-7Written feedback
Assignment201200-2500 words1-7Notes on grading coversheet
0
0
0
0

Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Referred: Exam and AssignmentExam 100% (2 hours)1-7August Examination Period
Deferred: AssignmentAssignment 20% (1200-2500 words)1-7July Reassessment Period
Deferred: ExamExam 80% (2 hours)1-7August Examination Period

Syllabus plan

  • What is a bank, and what do banks do? 
  • Why do financial intermediaries exist? 
  • Modelling the banking sector 
  • Lender-Borrower relationship 
  • Rationing in the credit market 

Indicative learning resources - Basic reading

Basic reading:

Greenbaum, Stuart I., and Anjan Thakor, (2007) Contemporary Financial Intermediation. New York, USA:Dryden Press.(O) 

NOTE: (O) is an optional text

Module has an active ELE page?

Yes

Origin date

16/08/2013

Last revision date

16/08/2013