Course guide of Monetary and Banking Economics (23911A1)

Curso 2023/2024
Approval date: 26/06/2023

Grado (bachelor's degree)

Bachelor'S Degree in Economics

Branch

Social and Legal Sciences

Module

Economía Bancaria y Macroeconomía Internacional

Subject

Economía Monetaria y Bancaria

Year of study

4

Semester

1

ECTS Credits

6

Course type

Elective course

Teaching staff

Theory

Francisco Rodríguez Fernández. Grupos: A y B

Practice

Francisco Rodríguez Fernández Grupos: 1, 2, 3 y 4

Timetable for tutorials

Francisco Rodríguez Fernández

Email
  • First semester
    • Tuesday de 08:30 a 14:30 (Fac. Económicas B324)
  • Second semester
    • Tuesday de 08:30 a 14:30 (Fac. Económicas B324)

Prerequisites of recommendations

Not required

Brief description of content (According to official validation report)

  • The financial system: organization and institutional aspects
  • Theory of monetary policy
  • Theory of financial intermediation
  • Industrial Organization of the Banking Sector
  • The transmission channels of monetary policy
  • Applications and cases of monetary policy and banking economics

General and specific competences

General competences

  • CG03. Ability to analyse and summarise.
  • CG08. Problem-solving skills.

Specific competences

  • CE21. Use basic quantitative tools for diagnosis and analysis.
  • CE22. Bring rationality to the analysis and description of any aspect of economic reality.
  • CE24. Understand economic institutions as the result and application of theoretical or formal representations of how the economy works.
  • CE31. Identify the sources of relevant economic information and their content.
  • CE38. Derive from the data relevant information not accessible to non-professionals.
  • CE64. Draft economic management projects at the international, national and regional level.
  • CE69. Understand the functioning of imperfectly competitive markets.

Transversal competences

  • CT01. Through the knowledge and application of concepts learnt in the Bachelor's Degree (Grado), be able to identify and anticipate economic problems relevant to the allocation of resources, both in the public and private sectors.

Objectives (Expressed as expected learning outcomes)

  • As a result of successfully completing this course unit, the student will be able to:
  • Know and apply the basic concepts of Finance
  • Know the operation and transmission mechanisms of monetary policy from a theoretical and practical perspective
  • Know the institutional configuration of the financial system. Identify and develop financial intermediation models.

Detailed syllabus

Theory

  • The financial system: organization and institutional aspects
  • Theory of monetary policy
  • Theory of financial intermediation
  • Industrial Organization of the Banking Sector
  • The transmission channels of monetary policy

Practice

Applications and cases of monetary policy and banking economics

Bibliography

Basic reading list

Casu, B., Girardone, C. and P. Molyneux (2021), Introduction to Banking, 3rd Edition, Pearson

Complementary reading


Walsh. C. (2010) Monetary Theory and Policy, Fourth Edition, MIT Press

List of papers provided by the professor

Recommended links

https://www.ecb.int

https://www.federalreserve.org

https://www.bis.org

Teaching methods

  • MD01. Docencia presencial en el aula 
  • MD02. Estudio individualizado del alumno, búsqueda, consulta y tratamiento de información, resolución de problemas y casos prácticos, y realización de trabajos y exposiciones. 
  • MD03. Tutorías individuales y/o colectivas y evaluación  

Assessment methods (Instruments, criteria and percentages)

Ordinary assessment session

According to the Rules of assessment and grading of the students of the University of Granada (latest changes approved by the Governing Board of 26th October 2016), the assessment of students’ academic performance will reflect public, objective and impartial criteria, and will preferably be continuous:

  • Article 8 of the current Rules for Assessment provides for the taking of a single final assessment, which students may apply for in the first two weeks of teaching of the subject (or two weeks following change of matriculation). Application is to be made through the electronic system, citing and accrediting the reasons for not being able to undergo the system of continuous assessment (reasons of employment, health, disability or any other correctly justified cause), with the understanding that this assessment is undertaken in a single academic act in order to accredit that the student has acquired in full the competencies described.

General assessment:

• Exam: 7 points. It consists open-ended questions

• Practical exercises: The exercises proposed on each lesson can be submitted as part of the continuing assessment process. They can add to 2 points when they are submitted before they are resolved in class and 1 point extra if the student volunteers to resolve them during class.

Extraordinary assessment session

  • A final extraordinary assessment will consist of open-ended questions. The exam will be grade on a 0-10 scale.

Single final assessment

  • It will consist of open-ended questions. The exam will be grade on a 0-10 scale

Additional information

The Department of Economic Theory and History, in accordance with the Regulations for the attention to students with disabilities and other specific educational support needs (approved by the Governing Board of the University of Granada on 20th September 2016) will promote the right to education under conditions of equal opportunities to students with disabilities and other specific educational support needs. The necessary assistance actions will be established to achieve their full and effective inclusion, guaranteeing their right to inclusive education, in accordance with the principles of non-discrimination, equal opportunities and universal accessibility, so that they can achieve the maximum possible development of their personal and , in any case, the objectives established in general for all students.

Likewise, according to article 11 current Rules for Assessment of students at the University of Granada, the evaluation systems will be adapted to students with disabilities or other specific needs of educational support, guaranteeing in any case their rights and favouring their inclusion in university studies

The information in this guide may be modified due to supervening circumstances, changes in regulations or new guidelines that may be given by the health authorities, the University, or the School of Economics and Management.