Contemporary Financial Markets and Institutions

Contemporary Financial Markets and Institutions

  • Study programme and level:The joint doctoral study programme Governance and Economics in the Public Sector (third cycle)
  • 2nd year
  • 5 ECTS
  • Course type: Elective course
  • Lectures: 20
  • Seminar: 20
  • Other forms of study: 20
  • Individual work: 90
  • Lecturer: Zdenko Prohaska, PhD

1. Objectives and competences

Objectives:

  • The objective of the course is to introduce students with the concept and functions of financial markets, especially money and capital markets and international financial market. Special emphasis will be placed on the analysis of the EU market. Different financial instruments will also be defined.

Competences:

  • The students will gain knowledge, competencies and skills needed to work for depository and non-depository institutions.

2. Content (Syllabus outline)

  • Concept, function and types of financial markets
  • National financial markets: developed and transition countries
  • Exchanges market
  • International capital market
  • Depository financial institutions
  • Non-depository financial institutions
  • Financial instruments

3.  Readings

  • Mishkin, F. S., Eakins, , S. G., Financial Markets and Institutions, Addison-Wesley, 2012.
  • Saunders, A., Millon Cornett, M., Financial Markets and Institutions, McGraw-Hill Intl., 2012.
  • Bailey, R. E., The Economics of Financial Markets, Cambridge University Press, Cambridge, 2005.

4. Intended learning outcomes

Students will be able to develop the general knowledge, competencies and skills, as well as research methods applied to the financial markets and institutions.

5. Learning and teaching methods

  • Lectures
  • Seminars

6. Assessment

Written exam 80%
Seminar paper - preparation and presentation 20%