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ECON 450 Microeconomics of Banking Select Term:
What do banks do? Role of banks as intermediaries in the allocation of resources; factors that explain the existence of banks: transactions costs and information problems; loan contracts, the role of collatoral and credit rationing; banks' management of risks; bank runs and reasons for systemic risk; banking regulation and the operations of regulatory boards.
SU Credits : 3.000
ECTS Credit : 6.000
Prerequisite : Undergraduate level ECON 204 Minimum Grade of D
Corequisite : -
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