The general objective of the course is to present, in a comprehensive and intelligible manner, the principles underlying the legal framework of financial markets. More specifically, the course provide students with the necessary background to comprehend the basic functions, structure and regulation permeating financial markets and institutions, the fundamental economic rationale and legal setting of financial instruments, the core supervisory structure of financial markets in national and European Union level, as well as the reasons of and the institutional response to financial crises.
General Competences
Analytical skills and critical thinking
Deductive reasoning
Ability to place facts within the scope of rules
Development and supporting of arguments in order to resolve problems
Creative thinking
3. Syllabus
Course Content
Financial system: introduction (how the financial system impacts on our everyday life, constituent elements of the financial system)
Money and payment system
Financial instruments (eg, stocks, bonds, units/shares of collective investment schemes, derivatives, insurance contracts): their basic characteristics and use
Financial markets: their structure and role
Financial institutions-intermediaries (eg, credit institutions, insurance companies, investment firms, collective investment schemes): their characteristics and function, with emphasis on analyzing the operation of credit institutions
Supervision of the financial system and the rationale of financial regulation
Central banks and EU banking union
4. Teaching and Learning Methods - Evaluation
Delivery
Classroom teaching
Use of Information and Communications Technology
All teaching material (eg. Power Point lectures, case studies) are uploaded to: https://eclass.unipi.gr/courses/FAS102/
Teaching Methods
Activity
Semester Workload
Classroom teaching-lecturing (with power point)
52
Discussion and analysis of case studies
52
Preparation study for each lecture
31,5
Preparation study for the exams
52
Total
187,5
Student Performance Evaluation
The course is assessed by a one written examination (two hours duration) with multiple choice questions covering all of the course components.
5. Attached Bibliography
Suggested Bibliography
Cecchetti S., Schoenholtz K., «Χρήμα-Τράπεζες και Χρηματοπιστωτικές Αγορές» (Εκδόσεις Πασχαλίδης και Broken Hill, 2019)
Gortsos, “Introduction to the International Financial Law: the International Banking Law in the context of the International Financial Law» (Nomiki Vivliothiki, 2011)
Distribution to students of additional, supplementary material which comprises articles and reports