ØABED2300 The Economics of Banking Course description

In this course we will study the role of commercial and investment banks in a country like Norway. As highlighted by the recent financial crisis, a well-functioning banking system is crucial for any modern economy and a crisis in the banking sector can have widespread consequences. We will first address questions like: why do we have banks? What is the role of banks? We will then turn our attention to the ways banks are managed; we will consider liquidity management, risk management, and credit rationing. Finally, the course will cover recent trends in the banking industry, including securitization, deregulation and globalization.

The tuition is in English.

ØASØK1000 Microeconomics I

No prerequisites.

Det forutsettes forkunnskaper i organisasjonsteori og rettslære.

The course is organized into a series of two-hour lectures and seminars. Students are expected to play an active role in lectures and seminars. Students will also be required to discuss course themes during lectures and seminars.

In order to be able to register for the exam, the student must have the following approved work requirements:

There will be 3 individual hand-in assignments that must be approved before the student can sit in the final exam. If an assignment is not approved on the first attempt, the student will be allowed to resubmit the assignment once. The teacher will give information regarding deadlines for handing in the assignments.

An individual, written 4-hour exam at the end of the semester.

A list of reference aids allowed will be published on our website.

Letter grading A-F.

An external grader will grade the exam together with the internal grader.

In the written exam, a selection of at least 25% of the exam papers will be assessed by two examiners. The grades awarded to exam papers assessed by the external and internal examiner will be used to determine the level of all exam papers.