Durham University
Programme and Module Handbook
This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.

Postgraduate Handbook 2022-2023 (archived)

Module ECON40E15: Banking and Financial Intermediation

Department: Economics

ECON40E15: Banking and Financial Intermediation

TypeLevelCreditsAvailabilityModule CapLocation
Tied 4 15 Available in 2022/2023 None. Durham

Tied To

Pre-requisites

  • None

Corequisites

  • None

Excluded Combinations

  • None

Aims

  • Develop knowledge of key concepts and issues in financial intermediation related to the specificities of banking firms, financial stability and regulation.
  • Develop critical understanding and appreciation of current theoretical and empirical research in financial intermediation and banking and its relevance to contemporary issues in banking.

Content

  • Financial systems and the roles of banks
  • Business models of banks
  • Deposit insurance and moral hazard
  • Too-big-to fail problem in banking
  • Theory of banking regulation
  • Financial Crisis
  • Contemporary issues in Banking

Learning Outcomes

Subject-specific Knowledge
  • By the end of the module students should have:
  • Developed an advanced knowledge of core financial intermediation principles.
  • Developed a critical understanding of the issues related to bank and systemic stability.
  • Explored the most recent advancements in the relevant academic literature and its relevance for the banking industry.
Subject-specific Skills
  • By the end of the module, students should have developed highly specialised and advanced technical, professional and academic skills that enable them to:
  • Explain and critically evaluate the specificities of banks within financial systems.
  • Critically evaluate the impact of recent trends in the banking markets.
  • Identify and critically discuss the reasons behind historical and contemporary banking regulation.
Key Skills
  • Written communication;
  • Planning, organising and time management;
  • Problem solving and analysis;
  • Using initiative
  • Adaptability
  • Numeracy
  • Computer literacy

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • Teaching is by lectures and seminars. Learning takes place through attendance at lectures, preparation for and participation in seminar classes and private study.
  • Regular formative assessments guide students in the development of their knowledge and skills. They also support students’ continuous engagement in learning throughout the module.
  • Summative assessment is by means of a written examination.

Teaching Methods and Learning Hours

ActivityNumberFrequencyDurationTotal HoursAttendance Monitored
Lectures 9 1 per week 2 hours 18
Revision Lecture 1 1 in term 3 2 hours 2
Seminars 4 1 per fortnight 1 hour 4 Yes
Preparation and Reading 126
Total 150

Summative Assessment

ComponentComponent WeightingElementLength/DurationElement WeightingResit Opportunity
Examination 100% Written Examination 2 hours 100% same

Formative Assessment

Formative assessment, and feedback, may take a number of forms such as oral feedback on work prepared by students for seminars; answers to questions either discussed during a seminar or posted on Learn Ultra.


Students who do not attend monitored activities shown under Teaching Methods and Learning Hours, or who fail to complete the summative or formative assessment(s) specified above, may be subject to the Academic Progress procedures defined in the University's General Regulation V, and may be required to leave the University.