Name: MONETARY ECONOMICS AND BANKING
Code: 510109007
Type: Elective
ECTS: 4.5
Length of subject: Per term
Semester and course: 3rd Year - Second term
Speciality:
Language: English
Mode of study: On-site class
[CB3 ]. Students are required to have the ability to gather and interpret relevant data (usually within their area of study) to make judgments that include a reflection on relevant issues of a social, scientific or ethical nature.
[CG1 ]. To analyze and learn about the economic-financial environment relevant to companies and society, identifying the main sources of information.
The competency asigned to this subject is to analyse the main features, both structural and institutional, of the monetary system and the banking sector.
[CT4 ]. Using information resources responsibly
1. To identify the role of financial intermediares in general and the banking sector in particular on savings and investments.
2. To describe the functioning of a bank as a company: to analyze its balance-sheet, its profits and loss statement, the main ratios used to manage the bank, size and productivity indicators, methods to analyse banking risks and to compute the profitability of a bank.
3. To describe the monetary-policy strategies used by the main central banks and to know how monetary-policy decisions are implemented and communicated.
4. To discuss news related to the banking and financial sector.
Introduction to the financial system. Identification of the features of the banking system, differentiating between commercial and investment banking. Analysis of fixed income and stock markets. Analysis of the strategy and design of monetary policy by the main central banks.
I. The money market and monetary policy
1. Reviewing the money market and monetary policy.
II. Monetary policy and central banks.
2. Central banks and monetary policy.
III. Financial markets and private banks.
3. Introduction to financial markets and banking.
4. Commercial and investment banking.
5. Financial markets
Practice 1
Each student must select a piece of news from a list proposed by the teacher. The student must read and understand the selected piece of news. Finally, the student must answer some questions on the selected piece of news.
Promoting the continuous improvement of working and study conditions of the entire university community is one the basic principles and goals of the Universidad Politécnica de Cartagena. Such commitment to prevention and the responsibilities arising from it concern all realms of the university: governing bodies, management team, teaching and research staff, administrative and service staff and students. The UPCT Service of Occupational Hazards (Servicio de Prevención de Riesgos Laborales de la UPCT) has published a "Risk Prevention Manual for new students" (Manual de acogida al estudiante en materia de prevención de riesgos), which may be downloaded from the e-learning platform ("Aula Virtual"), with instructions and recommendations on how to act properly, from the point of view of prevention (safety, ergonomics, etc.), when developing any type of activity at the University. You will also find recommendations on how to proceed in an emergency or if an incident occurs. Particularly when carrying out training practices in laboratories, workshops or field work, you must follow all your teacher's instructions, because he/she is the person responsible for your safety and health during practice performance. Feel free to ask any questions you may have and do not put your safety or that of your classmates at risk.
Class in conventional classroom: theory, problems, case studies, seminars, etc
Thoretical classes on monetary and economic issues.
Classes to solve exercises and correct commentaries of texts or news.
Related to competencies CB3, CG1 and the specific topic competency. Related to learning outcomes 1, 2 and 3.
42
100
Assessment activities (continuous assessment system)
Exam of the continuous evaluation system.
Related to competencies CB3, CG1 and the specific topic competency. Related to learning outcomes 1, 2 and 3.
3
100
Assessment activities (final assessment system)
Final exam at the end of the course.
Related to competencies CB3, CG1, CT4 and the specific topic competency. Related to learning outcomes 1, 2, 3 and 4.
3
100
Tutorials
Assistance by the teacher to individual students or groups.
Related to competencies CB3, CG1 and the specific topic competency. Related to learning outcomes 1, 2 and 3.
8.5
50
Student work: study or individual or group work
Work on individual assignments about relevant contents on Monetary Economics and Banking.
Time dedicated to the study of the contents of the subject.
Related to competencies CB3, CG1, CT4 and the specific topic competency. Related to learning outcomes 1, 2, 3 and 4.
56
0
Self-evaluation and / or co-evaluation systems
Not applicable in this subject.
0 %
Presentation and defence of assignments
Not applicable in this subject.
0 %
Spoken or written exams
One written exam. Students must get at least 3.5 out of 10 points in the exam to make it count for the overall score of the subject.
The exam is associated to competencies CB3, CG1 and the specific topic competency. It is associated to learning results number 1, 2 and 3.
70 %
Participation and involvement in the teaching-learning process
Not applicable in this subject.
0 %
Evaluation of assignments and reports on practical sessions (final product, follow-up and contribution in the case of group work)
Each student must select a piece of news from a list proposed by the teacher. The student must read and understand the selected piece of news. Finally, the student must write an essay answering some questions on the selected piece of news.
Students must get at least 3.5 out of 10 points in this activity to make it count for the overall score of the subject.
The essay will be evaluated as follows:
10%: motivation and proactiveness of the student.
20%: organization and format of the essay.
70%: contents of the essay.
The essay is associated to competencies CB3, CG1, CT4 and the specific course competency. It is associated to learning results number 1, 2, 3 and 4.
30 %
Spoken or written exams
Two written exams:
- First exam: This exam is the equivalent part in the final evaluation system to the exam of the continuous evaluation system. Students must get at least 3.5 out of 10 points in this exam to make it count for the overall score of the subject. This exam is associated to competencies CB3 and CG1. It is associated to learning results number 1, 2 and 3.
- Second exam: This exam is the equivalent part in the final evaluation system to the essay of the continuous evaluation system. It consists on questions about a piece or several pieces of news on monetary economics and/or banking. Students must get at least 3.5 out of 10 points in this exam to make it count for the overall score of the subject. This exam is associated to competencies CB3, CG1, CT4 and the specific course competency. It is associated to learning results number 1, 2, 3 and 4.
100 %
Evaluation of assignments and reports on practical sessions (final product, follow-up and contribution in the case of group work)
Not applicable in this subject.
0 %
- Students need at least 5 out of 10 points in the overall score to pass the subject.
- Students must get at least 3.5 out of 10 points in the exam and in the essay of the continuous evaluation system to pass the course using the continuous evaluation system.
- If a student does not get at least 3.5 points in each part of the continuous evaluation system, he or she must take the equivalent parts in the final evaluation system.
- If a student got at least 3.5 points in each part of the continuous evaluation system but his or her overall score is lower than 5, he or she has the option to take one or more exams of the final evaluation system to try to pass the course.
- Besides, any student may try to improve his or her score from one or more parts of the continuous evaluation system, even if they are all equal to or higher than 3.5 points, by taking the equivalent parts in the final evaluation system. The score obtained in each taken part of the final evaluation system will replace any score obtained previously in the equivalent part.
- The score obtained from any part of the continuous evaluation system will be carried over to the equivalent part in the final evaluation system if the student does not take the equivalent part in the final evaluation system.
- Students must get at least 3.5 out of 10 points in each part of the final evaluation system to pass the course using the final evaluation system.
Author: Valdez, Stephen
Title: An introduction to global financial markets
Editorial: Palgrave
Publication Date: 2016
ISBN: 9781137497550
Author: Blanchard, Olivier
Title: Macroeconomics
Editorial: Pearson
Publication Date: 2020
ISBN: 0134897897
All the teaching materials needed by the students will be available in the Virtual Classroom of the subject.
https://www.ecb.europa.eu/home/html/index.en.html
http://www.federalreserve.gov/
http://www.bde.es
http://www.qualisteam.com
http://www.netbank.com
http://www.ino.com
http://ceca.es
http://www.bankofengland.co.uk/
https://www.bancosantander.es/es/particulares
http://www.bbva.es
http://www.barclays.com
https://www.lcl.com
http://www.oecd.org