EC344-Banking in Emerging Economies

Module Provider: School of Politics, Economics and International Relations
Number of credits: 20 [10 ECTS credits]
Terms in which taught: Spring term module
Pre-requisites: EC201 Intermediate Microeconomics and EC202 Intermediate Macroeconomics
Non-modular pre-requisites:
Modules excluded:
Current from: 2017/8

Module Convenor: Dr Suiwu Xiao


Type of module:

Summary module description:

Students will become familiar with the nature and the functions of the banking sector with particular focus on emerging markets. Specifically they will gain an understanding of: (a) the main structural features of banking systems; (b) the main changes that have occurred in emerging banking markets in recent years; (c) the role of public sector ownership and foreign ownership in banking markets; (d) the main problems and policy options in financial liberalisation programmes.

Assessable learning outcomes:
The module provides an economic analysis of the problems relating to banking sector policies in emerging economies. There is a strong link between theoretical and empirical examples by using case studies. Students will be able to analyse problems and offer recommendations on issues regarding bank reform in transition economies.

Additional outcomes:
Students will master the ability to work independently under pressure and make their own decisions on the organisation of their work. They will also develop generic skills for future employment and career development.

Outline content:
The module provides a comprehensive overview of the current theoretical research in banking in particular in emerging economies. Students will become familiar with the theoretical analysis of the banking sector in emerging economies and examine amongst other issues the establishment of a payments system, the problems of bad loans, bank profitability and privatisation, the role of foreign banks as well as the issues of bank failures and banking crises.

Brief description of teaching and learning methods:
Detailed guidance on the main topics of the syllabus and key references are provided in ten 2-hour sessions of lectures, questions and discussions.

Contact hours:
  Autumn Spring Summer
Lectures 20 2
Guided independent study 160 18
Total hours by term 180.00 20.00
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written exam 70
Written assignment including essay 15
Class test administered by School 15

Summative assessment- Examinations:
One 3 hour unseen written paper.
Part 3 examinations are held in the Summer term.

Summative assessment- Coursework and in-class tests:
Two pieces of coursework are required, one class test and one written assignment worth 15% each.

Formative assessment methods:

Penalties for late submission:
The Module Convener will apply the following penalties for work submitted late:

  • where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day[1] (or part thereof) following the deadline up to a total of five working days;
  • where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

  • The University policy statement on penalties for late submission can be found at:
    You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

    Assessment requirements for a pass:
    A minimum overall mark of 40%.

    Reassessment arrangements:
    Re-examination for all modules takes place in August/September of the same year.
    Re-assessment is by examination only; coursework is not included at the second attempt.

    Additional Costs (specified where applicable):
    1) Required text books:
    2) Specialist equipment or materials:
    3) Specialist clothing, footwear or headgear:
    4) Printing and binding: There may be optional costs associated with photocopying or printing sources listed on the reading list relating to this module. Please note that the Library charges approximately 5p per photocopy.

    5) Computers and devices with a particular specification:
    6) Travel, accommodation and subsistence:

    Last updated: 16 August 2018


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