BFN304FINANCIAL SYSTEMS

BFN304 explores the structure, functions, and dynamics of financial systems within an economy. The course provides a comprehensive overview of the key components of financial systems, including financial institutions, markets, instruments, and regulatory bodies. Students will examine the roles played by commercial banks, central banks, insurance companies, capital markets, and non-bank financial intermediaries in facilitating economic growth and development.

The course also delves into the interaction between financial systems and economic policy, focusing on issues such as financial intermediation, interest rate determination, monetary transmission mechanisms, and financial inclusion. By studying local and global financial frameworks, students will gain insight into how stable and efficient financial systems contribute to economic stability. The course equips students with the analytical skills to understand financial flows and evaluate the performance of financial systems in both developed and emerging markets.