Description |
The objective of this course is to study the workings of the financial system, as constituted by financial contracts, securities, and markets as well financial intermediaries. We will analyze the reasons why and how money and credit flows from savers to entrepreneurs to create value. Through a good understanding of the micro-structure of credit flows, students should get a better grasp of the macroeconomic consequences of regulation, monetary, and central bank balance sheet policies. The approach is resolutely analytical and a few mathematical models will be covered in class. Finally, the class is based on the book “Contemporary Financial Intermediation” (Elsevier/Academic Press Third Edition) by Stuart Greenbaum, Anjan Thakor and Arnoud Boot.
Lecture: Tuesday, 09:15 - 12:00h, A022, UniS
Midterm exam: 18.04.2023, 09.15-12.00 Uhr, A022, UniS
*** due to high demand please note the following room distribution for exam 30. May:
1st exam: Tuesday, 30.05.2023, 09.15-12.00hrs
Family names starting A - P please go to room A022, UniS
Family names starting Q - Z please go to room A222, UniS
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******2nd exam: Tuesday, 12.09.2023, 09.15 - 12.00 hrs, 206,H4 -
due to no registrations for 2nd exam by deadline 05.09.2023
the exam is cancelled ************ |