Course: Financial Stability

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Course title Financial Stability
Course code KEM/FIS
Organizational form of instruction Lecture + Tutorial
Level of course Master
Year of study not specified
Semester Winter
Number of ECTS credits 3
Language of instruction Czech
Status of course unspecified
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Pfeifer Lukáš, doc. Ing. Ph.D.
Course content
1. The importance of bank stability for the functioning of the financial system. The paradox of financial stability. 2. Recent economic crises and their impact on financial stability 3. Characteristics of a bank's assets (liquidity, risk, yield) and liabilities (cost, maturity, seniority). 4. Risks in the banking sector and its resiliencebanks' management of credit and liquidity risk, useful indicators for assessing capital and liquidity positions. 5. Specific types and phases of systemic risk, the financial cycle, and the level of systemic risk during recent economic shocks in the Czech Republic and abroad. 6. Banking sector regulationcurrent capital and liquidity regulations. 7. Macroprudential policyobjectives, macroprudential policy tools, and their impact on financial stability. 8. Banking sector resilience and stress testing 9. Monetary policy. Risks arising from highly accommodative monetary policy. Interaction between monetary and macroprudential policy. 10. Risks associated with shadow banking and new technologies in the financial sector. 11. "Safety net" - financial market crisis resolution mechanisms and deposit insurance.

Learning activities and teaching methods
Task-based study method, Individual study, Students' self-study, Lecture, Seminar
  • Graduate study programme term essay (40-50) - 20 hours per semester
  • Preparation for an examination (30-60) - 32 hours per semester
  • Contact hours - 26 hours per semester
prerequisite
Knowledge
Describe the basics of how the banking sector works
Explain basic macroeconomic indicators
Skills
Interpret the values of key macroeconomic indicators throughout the economic cycle
Interpret the effects of key economic policy decisions (monetary and fiscal policy)
Competences
They acquire additional professional knowledge, skills, and competencies on their own, primarily through practical experience and its evaluation, but also through independent study of the theoretical aspects of the field.
learning outcomes
Knowledge
Explain the risks related to financial stability
Describe the main risks in the banking sector and the relevant regulations
Describe how financial stability tools work
Skills
Analyze systemic risks to financial stability
Develop appropriate economic policy tools to mitigate specific risks to financial stability
Competences
Clearly and persuasively communicate their professional opinions to both experts and the general public
teaching methods
Knowledge
Lecture
Self-study of literature
Skills
Practicum
Task-based study method
Individual study
Competences
Individual study
Individual study
assessment methods
Knowledge
Test
Skills
Seminar work
Skills demonstration during practicum
Competences
Combined exam
Recommended literature
  • Jílek, Josef. Finance v globální ekonomice. I, Peníze a platební styk. Praha: Grada, 2013. ISBN 978-80-247-3893-2.
  • Mejstřík, Michal; Pečená, Magda,; Teplý, Petr. Bankovnictví v teorii a praxi Banking in theory and practice. 2014. ISBN 978-80-246-3002-1.
  • Pfeifer, Lukáš. Finanční stabilita bankovního sektoru a možnosti jejího prosazování. 2020. ISBN 978-80-7211-585-3.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester