Money and Banking
Run by Bangor Business School
10 Credits or 5 ECTS Credits
Organiser: Mr Francesco Lopes
Overall aims and purpose
To make students conversant in the language of financial markets and institutions, including providing an understanding of: (i) what money is and why we use it; (ii) the fundamental concepts of a financial instrument, including bonds, stocks and foreign exchange; (iii) the basic purpose of financial markets; (iv) the role of financial institutions in the economy, with special emphasis on banks; (v) the importance of central banks and the conduct of monetary policy; (iv) new theories in monetary economics.
Money and the financial system; Interest rates, financial instruments and financial markets; Financial institutions and bank management; Central banks, monetary policy and financial stability; Central bank balance sheet and the money supply process; Modern monetary economics.
A basic knowledge of course material.
In addition to the above, an ability to write analytically on specific issues.
In addition to the above, the ability to illustrate and enhance arguments and analyses through the use of relevant supporting evidence drawn from the established literature.
Understand how the financial system works and why it changes as it does.
Be an informed reader of the financial and economic news.
Understand how to put the financial system to use for them.
Understand the usefulness of bonds and stocks.
Understand what financial institutions do.
Understand how central banks work.
Understand how basic monetary models work.
|Final Examination S2 2hrs||75|
Teaching and Learning Strategy
One 2-hour lecture per week.
Courses including this module
Compulsory in courses:
- NN45: BA Accounting and Banking year 3 (BA/AB)
- NN36: BA Accounting and Banking with International Experience year 4 (BA/ABIE)
- N322: BA Banking and Finance year 3 (BA/BIF)
- NR33: BA Banking/Italian year 4 (BA/BIT)
- NR34: BA Banking/Spanish year 4 (BA/BSP)
- NR31: BA French/Banking year 4 (BA/FRB)
- NR32: BA German/Banking year 4 (BA/GB)
- NN44: BSc Accounting and Banking with International Experience year 4 (BSC/ABIE)
- NN43: BSc Accounting and Banking year 3 (BSC/ACCB)
- NN46: BSc Accounting and Banking (4 year with Incorp Found) year 3 (BSC/ACCB1)
- L190: BSc Business Economics year 3 (BSC/BEC)
- L19B: BSc Business Economics (4 year with Incorporated Foundation) year 3 (BSC/BEC1)
- L191: BSc Business Economics with International Experience year 3 (BSC/BECIE)
- 8V55: BSc Banking and Finance (with International Experience) year 3 (BSC/BFIE)
- N391: BSc Banking and Finance year 3 (BSC/BFIN)
- N39B: BSc Banking and Finance (4 year w Incorporated Foundation) year 3 (BSC/BFIN1)
- L192: BSc Business Economics (Bangor International College) year 3 (BSC/BICBE)
- N324: BSc Banking and Finance (Bangor International College) year 3 (BSC/BICBF)
Optional in courses:
- NG10: BA Business and Computer Information Systems year 3 (BA/BCIS)
- LN14: BA Economics/Accounting year 3 (BA/ECA)
- LN15: BA Accounting & Economics (with International Experience) year 4 (BA/ECAIE)
- L1T1: BA Economics and Chinese year 4 (BA/ECCH)
- LR13: BA Economics/Italian year 4 (BA/ECIT)
- LL13: BA Sociology/Economics year 3 (BA/ECS)
- LL2B: BA Sociology & Economics (4 yr with Incorporated Foundation) year 3 (BA/ECS1)
- LR14: BA Economics/Spanish year 4 (BA/ECSP)
- LR11: BA French/Economics year 4 (BA/FREC)
- LR12: BA German/Economics year 4 (BA/GEC)
- LV11: BA History/Economics year 3 (BA/HEC)
- LL14: BA Social Policy/Economics year 3 (BA/SPEC)
- LL1B: BA Social Policy & Economics (4yr with Incorp Foundation) year 3 (BA/SPEC1)
- NL41: BSc Accounting and Economics year 3 (BSC/ACCEC)
- NL4B: BSc Accounting and Economics (4 year with Incorp Foundation) year 3 (BSC/ACCEC1)
- NL42: BSc Accounting and Economics with International Experience year 4 (BSC/AEIE)
- L193: BSc Financial Economics (Bangor International College) year 3 (BSC/BICFE)
- L111: BSc Financial Economics year 3 (BSC/FINEC)
- L11B: BSc Financial Economics (4 year w Incorporated Foundation) year 3 (BSC/FINEC1)