Department:
Department of Economics
Program:
МА «Финансовая экономика»
Semester:
3
Credits:
3
Course description
The course provides an overview of basic microeconomic models describing different banking markets. The students will learn about the market structures that best describe banking markets, and how these structures are taken into account in banking regulation. The students will discuss models of interaction between banks and their clients with regard to deposits, and models of banks’ loans in the interbank market. A special bonus of this course is a survey of fresh empirical literature discussing most of the theoretical models discussed within the course.