International Banking

Learning Outcomes

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• become aware of latent biases in official publications and versions of events.
• develop skills in critically assessing and using official statements.
• make up your own mind about events, by utilising an empirical research methodology.

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• the role of banks and the central bank and how they influence the economy, including consumer prices and asset prices.
• banking supervision and regulation in an international context.
• important aspects of central banking in an international context.
• the link between banks and economic development in an international context.
• financial and banking crises in an international context.

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• interpret critically official publications by banks, central banks and authorities.
• gain an understanding of the logic and workings of financial institutions, markets and the economy.
• assess the role and impact of banks and the central bank, and the need for appropriate regulation and supervision.

Role and Impact of Banking in the economy:

• The role of banks in money creation and money supply
• Monetary policy and its transmission through the banking system
• Ownership issues in banking (foreign vs private vs state banks)
• Banking Crises and Banking Sector Restructuring
• Central Banking
• International Banking and Economic Development

Teaching mainly takes the form of lectures, with recommended supplementary reading. There will be handouts for parts of the programme, but students are encouraged to take careful notes of the lectures. The course should offer ample stimuli for MSc dissertation topics.

Formative

This is how we’ll give you feedback as you are learning. It is not a formal test or exam.

Questions and answers

• Assessment Type: Formative
• Feedback:
• Final Assessment: No
• Group Work: No

Summative

This is how we’ll formally assess what you have learned in this module.

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.