FEPE2100 Statistics Course description

Statistikk gir sammen med de andre realfagene det fundamentale grunnlaget for ingeniørfagene. Dette emnet skal gi studenten forståelse for statistiske og sannsynlighetsteoretiske begreper, problemstillinger og løsningsmetoder med sikte på anvendelser innen eget fagfelt og ingeniørfag generelt.

Ingen ut over opptakskrav.

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.

No prerequisites.

On successful completion of this subject the candidate will have the following knowledge, skills and general competence

Knowledge

The student will have knowledge of:

• The economic incentives of banks
• Issues related to the management of banks
• Recent trends in the banking industry

Skills

The student will be able to analyze:

• the current business model of banks
• key issues in bank management
• how banks are affected by regulation and competition
• how monetary policy and bank behavior interact to affect aggregate demand and the risks affecting individual banks and the banking system as a whole

Competence

The student should be able to read and understand project reports and journal articles on the following topics:

• The theory of the banking firm
• Liquidity management
• Risk management
• Credit rationing
• Banking competition
• Banking regulation
• The macroeconomics of banking

Hjelpemidler vedlagt eksamensoppgaven. Håndholdt kalkulator som ikke kommuniserer trådløst og som ikke kan regne symbolsk. Dersom kalkulatoren har mulighet for lagring i internminnet skal minnet være slettet før eksamen. Stikkprøver kan foretas.

There is one final 4-hour exam at the end of the semester.

Grades are on a scale from A to E for passing grades and F for fail.