Advanced Money and Banking

Module code: EC7107

In this module you will study the behaviour of banks in the modern macro-financial system, based on the latest research in this area.

Topics covered

  • The process of money creation and the operation of money markets
  • Systemic risks in banking systems
  • The role, operation and risks of the shadow banking system
  • Full range of banking business practices
  • The role of banks in the process of mergers and acquisition
  • The corporate rational for takeovers and how they may be prevented


  • 20 hours of lectures
  • 5 hours of seminars
  • 125 hours of guided independent study


  • Exam, 2 hours (70%)
  • Coursework (30%)