75909 - Economics of Financial Intermediation

Academic Year 2019/2020

  • Docente: Matteo Cotugno
  • Credits: 8
  • SSD: SECS-P/11
  • Language: Italian
  • Teaching Mode: Traditional lectures
  • Campus: Forli
  • Corso: First cycle degree programme (L) in Economics and business (cod. 9202)

Learning outcomes

The purpose of the course is to increase the knowledge of financial system. By the end of the course, students learn about financial choices on saving and investments, the microstructure of the securities industry and the economic equilibria of banks. Last, the students will understand financial supervisory goal, instruments and authorities.

Course contents

Introduction. The financial system and the real economy. The financial structure and the theory of financial intermediation. Financial system and a taxonomy of financial risks.

The financial instruments and financial markets. Monetary market, currency market, bond market, stock market and derivative market.

The financial intermediaries: lending intermediaries, securities intermediaries, insurance intermediaries.

The financial regulation and supervision on financial system.

Readings/Bibliography

Nadotti L., Porzio C., Previati D. (2017), Economia degli Intermediari Finanziari, III edizione, McGraw-Hill, up to page 542. Skip par. 5.2 and chapter 8.

Assessment methods

Multiple choises via EOL/Zoom.

Office hours

See the website of Matteo Cotugno