Course Co-ordinator: Professor R Buckland

Pre-requisite(s): None

1. Analysis of the economics of financial markets, services and products.


2. Identification of the sources and persistence of market failure in financial services and the classic regulatory issues.


3. Study of the regulatory issues, models and structures exposed in the regulation of the banking industry, in the UK and internationally.


4. Extension of regulatory principles to the analysis of other segments of financial services, notably markets in insurance.

2 one-hour lectures per week, five one-hour tutorials during the semester.

1st Attempt: 1 two-hour written examination (60%). One 3,000 word group report on a case study (40%).

Resit: 1 two-hour written examination (100%).