ECO3006 : Economics of Banking
ECO3006 : Economics of Banking
- Offered for Year: 2024/25
- Module Leader(s): Dr Cesar Blanco
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
Semester 2 Credit Value: | 10 |
ECTS Credits: | 5.0 |
European Credit Transfer System | |
Pre-requisite
Modules you must have done previously to study this module
Code | Title |
---|---|
ECO2101 | Microeconomic Analysis |
ECO2102 | Macroeconomic Analysis |
Pre Requisite Comment
ECO2101 in particular General Equilibrium Theory; Welfare Economics; Market Failure, Theory of the Firm; Choice under Uncertainty
ECO2102 in particular Banking in the 3-Equation Model
For Incoming Exchange and Study Abroad Students:
"The requirements for ECO3006 Economics of Banking are: 1) Microeconomic Analysis (ECO2101), 2) Macroeconomic Analysis (ECO2102) 3) Basic competences in math.
Therefore, exchange and study abroad students are expected to have completed courses on: Microeconomics I and II, Macroeconomics I and II, and one or two courses in Mathematics. It is important that exchange and study abroad students have second year courses on Microeconomics, Macroeconomics and Mathematics."
Co-Requisite
Modules you need to take at the same time
Co Requisite Comment
N/A
Aims
To introduce students to the study of banks in a modern society. To develop students’ understanding of the role of banks as financial intermediaries from microeconomic as well as macroeconomic perspectives.
Outline Of Syllabus
The course begins with the development of the basic concepts used in contemporary banking theory, especially informational problems associated with financial contracts. Two major functions of banks, monitoring borrowers and providing liquidity insurance, are studied in this context. Applications of the theory to, e.g., the fragility of banks, to banking regulation and to the role of banks for the economy are then considered.
Learning Outcomes
Intended Knowledge Outcomes
On satisfactory completion of the module a student will be able to explain and apply advanced concepts and models used in contemporary banking theory. A student is expected to relate the role of institutions to the performance of banks in modern societies.
Intended Skill Outcomes
On satisfactory completion of the module a student will be able to conduct basic economic analyses of financial institutions. A student is expected to relate sound economic reasoning to practical issues in banking regulation and monetary policy. A student is expected to recognize important trade-offs that arise from financial frictions.
Teaching Methods
Teaching Activities
Category | Activity | Number | Length | Student Hours | Comment |
---|---|---|---|---|---|
Guided Independent Study | Assessment preparation and completion | 1 | 32:00 | 32:00 | N/A |
Scheduled Learning And Teaching Activities | Lecture | 7 | 2:00 | 14:00 | PiP Lectures |
Guided Independent Study | Directed research and reading | 1 | 25:00 | 25:00 | N/A |
Scheduled Learning And Teaching Activities | Small group teaching | 4 | 1:00 | 4:00 | PiP Seminars |
Guided Independent Study | Independent study | 1 | 25:00 | 25:00 | N/A |
Total | 100:00 |
Teaching Rationale And Relationship
Lectures provide an in-depth presentation of theoretical models and required techniques, as well as guidance on how to apply the analysis to real-world economic situations.
Seminars provide opportunities to go into greater depth through exercisers and discussion.
Independent study involves following up reading list references and practicing analytical skills.
Reading Lists
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
Description | Length | Semester | When Set | Percentage | Comment |
---|---|---|---|---|---|
Written Examination | 90 | 2 | A | 100 | N/A |
Formative Assessments
Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.
Description | Semester | When Set | Comment |
---|---|---|---|
Prob solv exercises | 2 | M | Seminar questions provided, generic feedback to cohort |
Assessment Rationale And Relationship
The written unseen exam is an appropriate way to provide evidence of students’ ability to explain advanced concepts and models used in contemporary banking theory and to apply them to real world problems.
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ECO3006's Timetable
Past Exam Papers
- Exam Papers Online : www.ncl.ac.uk/exam.papers/
- ECO3006's past Exam Papers
General Notes
N/A
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Disclaimer
The information contained within the Module Catalogue relates to the 2024 academic year.
In accordance with University Terms and Conditions, the University makes all reasonable efforts to deliver the modules as described.
Modules may be amended on an annual basis to take account of changing staff expertise, developments in the discipline, the requirements of external bodies and partners, and student feedback. Module information for the 2025/26 entry will be published here in early-April 2025. Queries about information in the Module Catalogue should in the first instance be addressed to your School Office.