ECONOMICS OF FINANCIAL INTERMEDIATION (Cognomi L-Z)
Academic year and teacher
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- Versione italiana
- Academic year
- 2019/2020
- Teacher
- MAURO ALIANO
- Credits
- 8
- Didactic period
- Primo Semestre
- SSD
- SECS-P/11
Training objectives
- The objective is to develop knowledge about: - the financial system and its functions, - money and interest rates, - financial intermediation, - economics and regulation of markets and institutions, - main banking activities and contracts.
Prerequisites
- None
Course programme
- The financial system. Money and interest rates. Capitalization, discount, return and agents' choices. Financial flows and intermediation channels. ECB organization and monetary policy. Types of financial markets and main financial instruments. Money market. Bond market. Stock market. Types of financial institutions. Banks: activities, management basics and regulation. Banking contracts: funding, payment and credit. Other credit intermediaries. Mutual funds and Institutional investors. Pension funds. Insurance companies. Foreign exchange market.
Didactic methods
- Lectures and in class exercises
Learning assessment procedures
- Final written exam. The test is made of 22 MC question, 2 open questions. Each MC, if correct, gives 0.5 points, whilst the other 2 parts up to max. 10 points each. Final mark is given by the sum of points obtained. Marks over 30 give the right to have a distinction ("lode").
Reference texts
- -Economia degli intermediari finanziari, 3/e (2017) Loris Nadotti, Claudio Porzio, Daniele Previati ISBN: 8838615519
-slide provided by the lecturer
