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Module Title
LM Economics of Financial Intermediation
School
Birmingham Business School
Department
Economics
Module Code
07 40062
Module Lead
Dr Frank Strobel
Level
Masters Level
Credits
20
Semester
Semester 1
Pre-requisites
Co-requisites
Restrictions
None
Exclusions
Description
Economics of Financial Intermediation is a module that covers the microeconomic foundations of banking and financial markets. The course will cover topics such as the role of banks in the economy, the trade-off between risk and return in banking, and the regulation of financial institutions. The course explores more advanced topics such as liquidity creation, moral hazard and adverse selection in banking, and the analysis of systemic risk. Accompanied by real-world examples, students will gain a deeper understanding of the economic principles underlying the functioning of financial intermediaries.
Learning Outcomes
By the end of the module students should be able to:
Appraise and evaluate the economic role and importance of financial intermediaries, including banks, in the economy, and to serve sustainable businesses.
Apply microeconomic theories and concepts to the analysis of financial intermediation and decision-making by financial intermediaries.
Critically evaluate the role of regulation and supervision in the banking system and the impact of regulatory reforms on financial intermediaries.
Analyze and evaluate policy proposals related to financial intermediation and understand the trade-offs involved in different policy approaches.
Develop analytical, problem-solving, teamworking and individual report writing skills.
Assessment
Assessment Methods & Exceptions
Assessment:
(750 word) individual report (25%).
(1000 word equivalent) 7 minute group video presentation (25%).
1.5 hour exam (50%).
Reassessment:
Resubmission of failed component(s):
750 word equivalent) individual report (25%).
(750 word equivalent) individual reflection on the group presentation task (25%).