FNC2002 : Money and Banking (Inactive)
- Inactive for Year: 2024/25
- Module Leader(s): Mr David Ormston-Simpson
- 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 1 Credit Value: | 10 |
| Semester 2 Credit Value: | 10 |
| ECTS Credits: | 10.0 |
| European Credit Transfer System | |
Aims
This module will introduce students to the main concepts of financial institutions and the market and regulatory environment they operate in. It will start by giving an overview of the financial system with focus on different types of financial institutions and their roles in the society: commercial banks, investment banks, pension funds, insurance companies, hedge funds, etc. It will provide conceptual knowledge of main characteristics shaping the functioning of those institutions, e.g. asymmetry of information, moral hazard and adverse selection, etc. Different types of regulations will be discussed to show intended and unintended consequences for financial institutions and other stakeholders, and bank failures and financial crises will be explored in this context. The module will discuss where money comes from and the role of central banks in this process, as well as money demand, and how these forces shape the market rate of interest. It will further cover the bond market, as well as the foreign exchange market where the external value of money is determined.
Outline Of Syllabus
- The financial system
- Economic theories of banking
- Regulation of financial institutions
- Money demand
- Money supply: central banks and the multiple deposit creation process
- Interest rate determination in the bond market
- The foreign exchange market
- Bank failures and financial crises
- Current issues on banking
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Scheduled Learning And Teaching Activities | Lecture | 15 | 2:00 | 30:00 | PIP lectures/live synchronous |
| Guided Independent Study | Assessment preparation and completion | 1 | 74:00 | 74:00 | As a specialist, research-led module, the material covered is broad and complex in nature |
| Guided Independent Study | Directed research and reading | 15 | 6:00 | 90:00 | Directed pre/post lecture reading. Specialist, research-led module, coverage is broad and complex. |
| Scheduled Learning And Teaching Activities | Small group teaching | 6 | 1:00 | 6:00 | PIP seminars/live synchronous |
| Total | 200:00 |
Teaching Rationale And Relationship
Teaching and learning comprises a mixture of structured guided learning to raise awareness of key concepts and topics, which is supported via scheduled small group sessions to explore further via application/critique. Formative assessment and feedback supported via small group sessions.
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Written Examination | 180 | 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 | 1 | M | Participation in small group classes provides opportunity to evaluate understanding via comparison to model answers and discussion |
| Prob solv exercises | 2 | M | Participation in small group classes provides opportunity to evaluate understanding via comparison to model answers and discussion |
| Essay | 2 | M | Draft essay plan based on questions from a sample exam paper submitted for comment/feedback |
Assessment Rationale And Relationship
The examination will assess the ability to explain, apply and critique concepts/models from the relevant areas of finance and, as such, provides an unambiguous test of the module learning outcomes.
Formative feedback is available to students via a number of routes. Primarily, students can also obtain feedback through participation in small group classes, where their solutions/answers to the pre-set questions/problems will be discussed. Students will further have the opportunity to submit for feedback extended essay plans based on questions from a sample exam paper.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- FNC2002's Timetable