Assessment will be a 2000 words individual assignment covering all learning outcomes of this module.

Topics may include:

- The functions of money
- Banks and other financial intermediaries
- Foreign exchange and money markets
- International bank lending
- Global bond markets
- Global equity markets
- Bank run and banking regulation
- Strategic drivers of structural change in global banking
- Recent developments in the financial industry
- Historical and contemporary financial crises
- Global governance

1. Demonstrate a good understanding of the functions of money and the forms of money changed, resulting in associated changes in the information structure of the economy
Knowledge & understanding

2. Analyse what role of financial intermediates, i.e. banks play in the financial system and the interrelation and interaction between the financial system and the global economy
Enquiry
Analysis

3. Assess and evaluate how financial regulation affects bank risk-taking behaviour
Analysis
Reflection

4. Review and analyse the historic overview of major global financial crises in order to derive an understanding of the interrelation between financial cycles and financial crises
Communication
Analysis
Application
Learning

The learning strategy for the module requires students to commit 150 learning hours (including assessment). There will be 36 hours of class support and 114 hours of independent and self-directed study.

The class sessions will include formal lectures, case study analysis and group discussions based on student experiences in the subject area. Students will be encouraged to apply their new knowledge and skills developed in the classroom to other economics and business modules as the module progresses.
Students will:
- engage in a mix of lectures/ tutorials and small group
activities, plus self-directed learning;
- work on pre-assigned questions; and
- read relevant contemporary articles from published media
(to be provided by the lecturer)

A range of resources, including, University library and IT facilities, the internet, journals and databases, financial media i.e. bloomberg.com; ft.com

- Gorton, G.B. (2015). The Maze of Banking. Oxford, UK:
Oxford University Press.
- Gottfries, N. (2013). Macroeconomics. Hampshire, UK:
Palgrave Macmillan.
- Smith, R., Walter, I., & DeLong, G. (2012). Global Banking.
Oxford, UK: Oxford University Press.
- Schoenmaker, D. (2013). Governance of International
Banking: The Financial Trilemma. Oxford, UK: Oxford
University Press.