Learning objectives
THE EDUCATIONAL GOAL OF THE COURSE IS TO DESCRIBE THE MAIN FUNCTIONS OF THE FINANCIAL SYSTEM, HOW THEY WERE CREATED AND DEVELOPED, THE REASONS JUSTIFYING THEIR REGULATION AND THE WAYS IN WHICH SUCH REGULATION HAS EVOLVED OVER THE COURSE OF TIME. WITHIN THIS COMPLEX PICTURE, STUDENTS WILL EXAMINE THE REASONS JUSTIFYING THE EXISTENCE OF FINANCIAL BROKERS, TYPES OF FINANCIAL BROKERS AND THE MANAGEMENT RISKS THEY ARE REQUIRED TO FACE IN THE EXECUTION OF THEIR ACTIVITIES. WITH A VIEW TO OBTAINING A COMPLETE VISION OF THE CHARACTERISTICS OF THE FINANCIAL SYSTEM, THE MAIN INSTRUMENTS IN USE ON THE MARKET WILL BE DESCRIBED.
Prerequisites
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Course unit content
<br />The functions performed by the financial system<br />The risks involved in financial activities <br />Regolation of the financial system<br />Brokers, institutional investors and markets<br />The banking system<br />Investment services<br />Institutional investors<br />Market management companies <br />Financial Instruments<br />Stocks and shares and private debt securities<br />Shares<br />Derivative instruments
Full programme
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Bibliography
MARCO ONADO, ECONOMIA E REGOLAMENTAZIONE DEL SISTEMA FINANZIARIO, IL MULINO, 2004.
Teaching methods
<br />The contents of the course will be transmitted in traditional lectures.<br />The learning progress of the students is assessed through a written examination with open answers (the student may also request to take the examination in oral form).
Assessment methods and criteria
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Other information
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