COURSE OUTLINE
Finance Lab
1. General
School
School of Finance and Statistics
Academic Unit
Department of Banking and Financial Management
Level of Studies
Undergraduate
Course code
ΧΡΕΤΡ01
Semester
6th or 8th
Course Title
Finance Lab
Idependent Teaching Activities
Weekly Teaching Hours
Credits
Lectures
4
7,5
Course Type
Elective
Prerequite Courses
Language of Instruction and Examinations
Greek
Is the course offered to Erasmus Students?
No
Url (Eclass)
https://eclass.unipi.gr/modules/auth/opencourses.php?fc=64
2. Learning Outcomes
Learning Outcomes
After completing the teaching cycle of the course, students will be able to:
- Understand the concept of the institutional framework (e.g., supervisory authorities) and its role in a country’s financial system.
- Understand the relationship between democracy and economic growth.
- Understand the causes and economic effects of corruption in a country’s financial system.
- Understand the impact of modern finance on the economy.
- To understand the theory of business cycles.
- Understand the impact of competition policy on economic development.
- Finally, combining all the above, they should be able to understand the motivations, dilemmas and strategic choices of all those involved in the banking system.
General Competences
- Search, analysis and synthesis of data and information, using the necessary technologies
- Decision making
- Autonomous working assignment
- Grouped working assignment and case studies
3. Syllabus
- The role of the banking system on the economic development of a country.
- Money supply and demand as well as their connection to the economic development.
- Analysis of the relationship between institutions and the financial system. Case studies of countries (e.g., developed and developing economies) with strong and weak institutions.
- Relationship between democracy and economic growth.
- Analysis of corruption in the financial system and its impact on a country’s economy. Critical thinking and suggestions for dealing with the phenomenon.
- Impact of modern finance on economic growth. Case Study – Cryptocurrencies.
- Introduction to the business cycles theory.
- Business Cycles Synchronization.
- Effect of competition policy on economic development.
4. Teaching and Learning Methods - Evaluation
Delivery
Face-to-face
Use of Information and Communications Technology
Laboratory education
Teaching Methods
Activity
Semester Workload
Lectures
52
Independent Study
57,5
In class assignments
26
Study and analysis of bibliography
26
Course Total
187,5
Student Performance Evaluation
Students will be assessed through a written exam, a working assignment and participation in the case studies.
5. Attached Bibliography
Suggested Bibliography
- Acemoglu, D. and Robinson, J. A. (2013). Why Nations Fail: The Origins of Power, Prosperity, and Poverty. Crown Publishing Group.
- Bahoo, S. (2020). Corruption in banks: A bibliometric review and agenda, Finance Research Letters, 35, 101499.
- Degiannakis, S., Duffy, D. and Filis, G. (2014). Business Cycle Synchronization in EU: A Time-Varying Approach. Scottish Journal of Political Economy, 61 (4), 348-370.
- Gerring, J., Bond, P., Barndt, W. T. and Moreno, C. (2005). Democracy and Economic Growth: A Historical Perspective. World Politics, 57(3), 323–364.
- Mankiw, N.G. (1989). Real Business Cycles: A New Keynesian Perspective. Journal of Economic Perspectives, 3(3), 79-90.
- Miller, S. (2018). The Global Banking Sector: Corruption, Institutional Purpose and Economic Justice. Business & Professional Ethics Journal, 37(1), 13–44.
- Papaioannou, E. and Siourounis, G. (2008). Democratisation and Growth. The Economic Journal, 118(532), 1520–1551.
- Przeworski, A., Alvarez, M. E., Cheibub, J. A. and Limongi, F. (2000). Democracy and Development: Political Institutions and Well-Being in the World, 1950–1990. Cambridge University Press.
- Shy, O. (2001). The Economics of Network Industries. Cambridge University Press.