SHEB608 Проект: Финансови пазари и институции
Анотация:
This unit provides an introduction to the structure and operations of the different financial institutions and markets currently existing within the evolving financial system. It explores the functions performed by a financial system, the structure and classification of the financial institutions and markets, the various instruments traded on the markets, the role of the Central Bank, the need for financial regulation and the causes/effects of financial crises. Special emphasis is given to the various financial innovations that characterise the modern financial system.
This unit aims to allow students to understand the important role of a developed financial system in an economy and to allow them to think critically about the contemporary changes affecting the financial system.
Преподавател(и):
Милена Малиновска
Описание на курса:
Компетенции:
Students who complete this course:
1) will understand:
- the consequences of financial market failure and financial crises and critically evaluate the need for financial regulation
- understand the function of mortgage markets
2) will be able to:
- explain the role of the financial system and why it is important to individuals and the economy as a whole distinguish between the variety of financial institutions and markets and the services they provide
- identify the key risks that financial institutions face and explain how they manage these risks
price basic financial instruments
- analyse the role of the Central Bank in an economy as well as the arguments for/against Central Bank Independence
- think critically about the contemporary changes affecting the financial system
Предварителни изисквания:
Students are required to have the following knowledge and/or skills: Basics of Finance
Форми на провеждане:
Редовен
Учебни форми:
Лекция
Език, на който се води курса:
Английски
Теми, които се разглеждат в курса:
Литература по темите:
1. Mishkin, F.S. & Eakins, S.G. (2015) Financial Markets and Institutions. International 8th edition, Pearson Education
2. Buckle, M. and Thomson, J.L. (2004) The UK Financial System: Theory and Practice. 4th edition, Manchester University Press.
3. Cecchetti, S.G. (2008) Money, Banking and Financial Markets. 2nd edition, McGraw-Hill-Irwin
4. Fabozzi, F.J., Modigliani, F. (2009) Capital Markets: Institutions and Instruments, 4th edition, Prentice Hall.
5. Howells, P. & Bain, K. (2007) Financial Markets and Institutions. 5th edition, Prentice Hall-Financial Times Press.
6. Kidwell, D.S., Peterson, R.L., Blackwell, D.W. & Whidbee, D.A. (2008) Financial Institutions, Markets and Money. 9th edition, Willey
7. Stowell, D.P. (2010) Investment Banking, Hedge Funds and Private Equity: The New Paradigm Academic Press, Elsevier Inc.
8. Valdez, S. (2007) An Introduction to Global Financial Markets. 5th edition, Palgrave-MacMillan
9. Viney, C. (2007) Financial Institutions, Instruments and Markets. 5th edition, McGraw-Hill-Irwin