You are here:

75909 - Economics of Financial Intermediation

Academic Year 2024/2025

                
                        Docente:
                        Giuseppe Torluccio
                    
                        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)

                            Teaching resources on Virtuale
                        
                                    Course Timetable
                                
from Sep 16, 2024 to Dec 03, 2024

Learning outcomes

The objective of the course is to provide the foundations for analyzing the financial system through its three classic components: instruments, markets, and financial intermediaries. In particular, credit and securities operations are examined in depth. By the end of the course, the student will know: (a) the criteria for selecting assets and liabilities by economic units; (b) the organizational mechanisms of financial markets; c) the equilibrium conditions of intermediaries; (d) the structure of supervisory activities over the system

Course contents

Part 1: The Fundamentals of Financial Intermediation

Chapter 1: The Financial System and the Provision of Financial Services
Chapter 2: Theories of Financial Intermediation
Chapter 3: Risks and Their Management

Part 2: Instruments and Markets

Chapter 4: Intermediation Contracts
Chapter 5: The Payment System and Services: How Money is Transferred
Chapter 6: Markets

Part 3: Intermediation Activities and Authorized Entities

Chapter 7: Financial Intermediation: Activities and Institutional Frameworks
Chapter 8: FinTech: Technological Innovation Applied to Financial Services
Chapter 9: Strategy and Organization of Financial Intermediation Activities
Chapter 10: Supervision of the Financial System within the Framework of the European Banking Union
Chapter 11: Regulation, Supervision, Governance, and Internal Controls
Chapter 12: Monetary Policy and the Role of the ECB

The course includes classroom discussions on the main topics of financial intermediation, creating a link between the theoretical part of the text and current events through discussions of current articles from the financial press.

Readings/Bibliography

ECONOMIA DEGLI INTERMEDIARI FINANZIARI

Loris Nadotti, Claudio Porzio, Daniele Previati

Last edition

Teaching methods

Lectures

Discussion of Financial Articles

Guest speakers

Assessment methods

5 Open Questions

3 Questions Related to a Financial Press Article

Teaching tools

Textbook

Lecture Notes

Financial Press Articles

Office hours

See the website of Giuseppe Torluccio