COURSE UNIT TITLE

: ECONOMICS OF INTERMEDIATION

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECO 4313 ECONOMICS OF INTERMEDIATION ELECTIVE 3 0 0 6

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR SAADET KASMAN

Offered to

Economics

Course Objective

The objective of the course is that the student will be taught;
- the economic functions and roles of financial intermediaries
- how financal (risk) management functions in financial intermediaries
- how and why financial intermediaries are regulated and how this affects their management
- the special role and impact of the central bank and its policy actions.

Learning Outcomes of the Course Unit

1   Identify the basic role of banks in an economy
2   Identify the risks that financial intermediaries faces.
3   Demostrate how to read financial statements of financial intermediaries
4   Identify basic regulations in the banking and insurance sectors
5   Identify the main role of central bank in intermediation

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

ECO 3003 - MONEY AND BANKING

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Financial Intermediation
2 Depository Financial Intermediaries
3 Depository Financial Intermediaries
4 Non-deposit financial intermediaries: Insurance companies
5 Non-deposit financial intermediaries: Pension funds
6 Non-deposit financial intermediaries: Mutual funds
7 Non-deposit financial intermediaries: Investment banks
8 Regulation of depository financial intermediaries
9 Regulation of depository financial intermediaries
10 Structural change in banking
11 Risks and performance evaluation
12 Risks and performance evaluation
13 Class Discussion
14 Review

Recomended or Required Reading

A. Saunders and M.M. Cornett, Financial Institutions Management: A Risk Management Approach, 6th Edition, 2008

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class Discussions
3. Term Project

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 FN Final
3 FCG FINAL COURSE GRADE MT * 0.40 + FN * 0.60
4 RST RESIT
5 FCGR FINAL COURSE GRADE (RESIT) MT * 0.40 + RST * 0.60


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1.The learner will clearly define basic concepts related to financial intermediation
2.The learner will compare banking, insurance and mutual fund industries
3.The learner will clearly define the main risk that financial firms face

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 12 2 24
Preparation for midterm exam 1 35 35
Preparation for final exam 1 40 40
Preparing assignments 0 0 0
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 145

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.14544
LO.25
LO.345355
LO.4353
LO.5344