Learning outcomes

Course not-taught in 2011-2012 - Understanding the sources of funds of a firm. Understanding the role of financial intermediaries. Applying theories of asymmetric information and of imperfect competition to the financial system. Understanding banking regulation. 

Content

1. Financing firms 2. Bank risks and operations 3. Finance and economic development 4. Competition and industrial organization in the banking sector 5. Regulation of the banking sector

Assessment method

Oral exam - Homeworks : 25% (optional) Class presentation : 25% (optional)

Sources, references and any support material

HULL, John (2009) Risk Management and Financial Institutions" (2nd Ed.) New-York, Pearson, 556pp. FREIXAS, X. & ROCHET, J.C. (2008) "Microeconomics of Banking" (2nd Ed.) MIT Press, 364 pp. * Mishkin, F. & Eakins, S. (2000) Financial Markets and Institutions (3d. Ed.), Reading (Mass.): Addison Wesley. Chap. 14 à 22, ou - Mishkin, F., Bordes C., Hautcoeur, P-C, Lacoue-Labarthe, D. (2004) Monnaie, Banque et Marchés financiers , 7e Ed. Pearson Education. Chap. 8 à 12. - Glen R. Hubbard (1994) Money, the Financial System & the Economy Addison Wesley Publishing Company

Language of instruction

French