Description
Instructor(s)/Supervisor(s)/Coordinator(s): Deniz OKATThis course examines financial intermediaries with a particular emphasis on banks. It introduces students to the nature, purpose, and management of these institutions. The course also brings together the upstream issues in risk measurement and the regulative environment surrounding banks. By the end of this course, students will be able to understand the role of banks in the economy and the effects of frictions such as information asymmetry and agency costs on bank behavior. The course will start with the review of basic game theory.