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Background Knowledge Expected
Requires Lots of Research
Not too easy. Not too difficult.
I would like to recommend it because of the objective of the course is to acquaint students with the principles of the financial theory, traditional and modern financial assets, types of financial intermediaries and the ways of their functioning in the modern financial markets. The study of banking and financial markets has become one of the most interesting topics in economics. Financial markets are changing rapidly, and new financial instruments appear almost daily.
The study of banking and financial markets has become one of the most interesting topics in economics. Financial markets are changing rapidly, and new financial instruments appear almost daily. The once staid financial industry has become highly dynamic. These developments in financial markets have created an integrated world economy in which events in one country’s financial markets have a major impact on financial markets in other countries. The development of the economic systems is determined by the international capital flows, channeled by banks and other financial intermediaries.The course’s analytical framework uses a few basic economic principles to organize students’ thinking about bank management and the structure of financial markets. The basic principles are a transactions cost and asymmetric information approach to financial structure, profit maximization, basic supply and demand analysis to explain behavior in financial markets, and aggregate supply and demand analysis.
Hours per week:
Advice for students:
The course Principles of Banking and Finance is an introductory course on banking and financial markets for students.The course applies analytical approach, aimed at developing the economic way of thinking, makes the careful step-by-step introduction of different analytical models, uses a number of applications and examples from different banking systems. Prerequisites for the course are micro- and macroeconomics.Students should examine the principles of banking transactions and the various services of a bank. Topics include the history of banking, item processing, collection functions, procedures, bookkeeping, loans and investments, and trust operations. They also should look at the function of the central bank's Reserve.Students should learn the functions of money as a medium of exchange while examining money supply and the role of banks.