| Unit name | Introduction to the microeconomic foundations of banking |
|---|---|
| Unit code | EFIMM0051 |
| Credit points | 15 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
| Unit director | Dr. Tobias Dieler |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
None |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Accounting and Finance - Business School |
| Faculty | Faculty of Social Sciences and Law |
The objective of this module is to familiarize students with the banking industry and provide them with the analytical skills to critically assess banking from both a regulator’s perspective and a banker’s perspective. This is achieved by covering the following topics both descriptively and theoretically: How is a bank different from a real firm?; What are the different types of banking?; Which services do banks provide to its customers and to the economy as a whole?; The role of information in banking.; What is the role of central banks?; How can banks be regulated to maximize social welfare?; What is the risk/negative externality of an insolvent bank?
On completion of this unit students should be able to (inter alia):
1.Demonstrate a comprehension of principal features of the banking industry;
2.Demonstrate a critical awareness of the role of banks for different stakeholders and the economy as whole;
3.Critically reflect on and discuss the role of the government, regulation, and government interventions into financial systems;
4.Use the analytical tools provided by information economics to critically assess past and upcoming institutional features in the banking industry.
Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities
Summative Assessment:
Any reassessment required for the group coursework will take the form of an individual piece of coursework (1000 words). Any reassessment required for the exam will take the form of a like for like assessment.
Formative Assessment:
During tutorials 1 to 4, students are asked to prepare assignments and to present their results during the tutorial hour. The tutor provide both oral and written feedback.
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIMM0051).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the University Workload statement relating to this unit for more information.
Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
