Wydział Ekonomiczny - Economics (S1)
specjalność: Accounting and Finance in Economic Entities
Sylabus przedmiotu Money market:
Informacje podstawowe
| Kierunek studiów | Economics | ||
|---|---|---|---|
| Forma studiów | studia stacjonarne | Poziom | pierwszego stopnia |
| Tytuł zawodowy absolwenta | licencjat | ||
| Obszary studiów | charakterystyki PRK | ||
| Profil | ogólnoakademicki | ||
| Moduł | — | ||
| Przedmiot | Money market | ||
| Specjalność | przedmiot wspólny | ||
| Jednostka prowadząca | Katedra Ekonomii, Finansów i Rachunkowości | ||
| Nauczyciel odpowiedzialny | Dawid Dawidowicz <Dawid.Dawidowicz@zut.edu.pl> | ||
| Inni nauczyciele | Dawid Dawidowicz <Dawid.Dawidowicz@zut.edu.pl> | ||
| ECTS (planowane) | 2,0 | ECTS (formy) | 2,0 |
| Forma zaliczenia | zaliczenie | Język | polski |
| Blok obieralny | 3 | Grupa obieralna | 4 |
Formy dydaktyczne
Wymagania wstępne
| KOD | Wymaganie wstępne |
|---|---|
| W-1 | Basic knowledge of macro-economics. |
| W-2 | Knowledge of finance and banking. |
Cele przedmiotu
| KOD | Cel modułu/przedmiotu |
|---|---|
| C-1 | After completing the course the student should understand the rule of the money market for free market economy, and in addition should demonstrate the ability to obtain information about the market. |
| C-2 | The student should know and distinguish money market instruments and assess their investment risk. |
| C-3 | The student should know money market institutions and explain their role and importance for the market. |
| C-4 | Student powinienin umieć odpowiednio interpretować procesy zachodzące na rynku pieniężnym. Student powinien umieć właściwie dobierać instrumenty rynku pieniężnego w zależności od oczekiwań uczestników tego rynku |
| C-5 | The student knows and is able to use the measures used in the money market in practice and to interpret them properly. |
| C-6 | The students are aware of the need to constantly deepen their knowledge. |
Treści programowe z podziałem na formy zajęć
| KOD | Treść programowa | Godziny |
|---|---|---|
| ćwiczenia audytoryjne | ||
| T-A-1 | The essential of the money market and its structure. Division of the money market. | 2 |
| T-A-2 | Money market participants (Institutional investors on the money market, the role of money market dealers). | 2 |
| T-A-3 | Money market instruments. Debt instruments (checks, bills of exchange, treasury bills, certificates of deposit, swaps, commercial debentures). | 3 |
| T-A-4 | Financial settlement instruments (credit card, letter of credit, collection). | 1 |
| T-A-5 | The exchange rate and factors affecting the exchange rate. | 3 |
| T-A-6 | Money market operations (foreign exchange transactions, O/N, T/N, S/W) | 2 |
| T-A-7 | The rules of trading short-term securities. | 1 |
| T-A-8 | Foreign Exchange Market - Forex. | 2 |
| T-A-9 | Interbank market. | 2 |
| T-A-10 | Cross rate | 2 |
| T-A-11 | Purchasing power parity rate | 1 |
| T-A-12 | Risks related to the use of money market instruments | 2 |
| T-A-13 | Test or written or oral assessment | 2 |
| 25 | ||
Obciążenie pracą studenta - formy aktywności
| KOD | Forma aktywności | Godziny |
|---|---|---|
| ćwiczenia audytoryjne | ||
| A-A-1 | Reading the indicated literature. | 9 |
| A-A-2 | Participation in the classes. | 25 |
| A-A-3 | Preparing for the classes. | 6 |
| A-A-4 | Preparing for the assessment | 10 |
| 50 | ||
Metody nauczania / narzędzia dydaktyczne
| KOD | Metoda nauczania / narzędzie dydaktyczne |
|---|---|
| M-1 | discussion |
| M-2 | explanation |
| M-3 | instructions |
| M-4 | presentation |
Sposoby oceny
| KOD | Sposób oceny |
|---|---|
| S-1 | Ocena podsumowująca: Test or oral or written assessment verifying all of the objectives of the subject. |
Zamierzone efekty uczenia się - wiedza
| Zamierzone efekty uczenia się | Odniesienie do efektów kształcenia dla kierunku studiów | Odniesienie do efektów zdefiniowanych dla obszaru kształcenia | Cel przedmiotu | Treści programowe | Metody nauczania | Sposób oceny |
|---|---|---|---|---|---|---|
| Ec_1A_O14/5.4_W01 The student has knowledge of the place of the money market in the financial market. Understands the importance of the money market for a free market economy. | Ec_1A_W01 | — | C-1 | T-A-13, T-A-1 | M-2, M-4 | S-1 |
| Ec_1A_O14/5.4_W02 The student has in-depth knowledge of money market institutions. He understands their role and way of functioning. | Ec_1A_W04 | — | C-3 | T-A-2 | M-1, M-2, M-4 | S-1 |
| Ec_1A_O14/5.4_W03 The student has in-depth knowledge of money market instruments and knows how to use them economically. | Ec_1A_W04 | — | C-2 | T-A-3, T-A-6, T-A-4, T-A-12 | M-1, M-2, M-4, M-3 | S-1 |
Zamierzone efekty uczenia się - umiejętności
| Zamierzone efekty uczenia się | Odniesienie do efektów kształcenia dla kierunku studiów | Odniesienie do efektów zdefiniowanych dla obszaru kształcenia | Cel przedmiotu | Treści programowe | Metody nauczania | Sposób oceny |
|---|---|---|---|---|---|---|
| Ec_1A_O14/5.4_U01 The student is able to interpret the processes occurring on the money market and make the right conclusions. | Ec_1A_U01 | — | C-4 | T-A-6, T-A-7, T-A-5 | M-1, M-2, M-3 | S-1 |
| Ec_1A_O14/5.4_U02 The student can in practice calculate the measures used on the money market and make their proper interpretation. | Ec_1A_U01, Ec_1A_U04 | — | C-4, C-5 | T-A-11, T-A-10, T-A-3, T-A-7, T-A-8 | M-1, M-2, M-3 | S-1 |
Zamierzone efekty uczenia się - inne kompetencje społeczne i personalne
| Zamierzone efekty uczenia się | Odniesienie do efektów kształcenia dla kierunku studiów | Odniesienie do efektów zdefiniowanych dla obszaru kształcenia | Cel przedmiotu | Treści programowe | Metody nauczania | Sposób oceny |
|---|---|---|---|---|---|---|
| Ec_1A_O14/5.4_K01 The student is aware of his/her knowledge | Ec_1A_K01 | — | C-6 | T-A-3, T-A-6, T-A-7, T-A-4, T-A-5 | M-1, M-2 | S-1 |
Kryterium oceny - wiedza
| Efekt uczenia się | Ocena | Kryterium oceny |
|---|---|---|
| Ec_1A_O14/5.4_W01 The student has knowledge of the place of the money market in the financial market. Understands the importance of the money market for a free market economy. | 2,0 | The student has no knowledge of the definition of the money market and does not understand the importance of this market for the economy. |
| 3,0 | The student knows the definition of the money market. | |
| 3,5 | Student defines the concept of money market, knows the place of the money market in the financial market. | |
| 4,0 | The student defines the concept of the money market, knows the place of the financial market in the financial market, knows how to divide the money market. | |
| 4,5 | Student defines the concept of money market, knows the place of the financial market in the financial market, knows how the money market is divided and knows its role. | |
| 5,0 | Student very well defines the concept of the money market, knows the place of the financial market in the financial market, knows how to divide the money market, knows the role of the money market and knows examples of the impact of the market on the economy. | |
| Ec_1A_O14/5.4_W02 The student has in-depth knowledge of money market institutions. He understands their role and way of functioning. | 2,0 | The student does not know the money market institutions. |
| 3,0 | The student has in-depth knowledge of the functioning of banks (including the central bank) on the interbank market. | |
| 3,5 | The student has in-depth knowledge of the functioning of banks (including the central bank) on the interbank market, knows the role of the state in the market. | |
| 4,0 | The student has in-depth knowledge of the functioning of banks (including the central bank) on the interbank market, knows the role of the state and insurance companies on the market. | |
| 4,5 | The student has in-depth knowledge of the functioning of banks (including the central bank) on the interbank market, knows the role of the state, insurance companies investment funds of the market on the market. | |
| 5,0 | The student has in-depth knowledge of the functioning of banks (including the central bank) on the interbank market, knows the role of the state, insurance companies investment funds of the market on the market. He understands their role and interaction very well. | |
| Ec_1A_O14/5.4_W03 The student has in-depth knowledge of money market instruments and knows how to use them economically. | 2,0 | The student does not know the money market instruments. |
| 3,0 | The student has in-depth knowledge of open market operations, knows the essence of credit cards and payment cards. | |
| 3,5 | The student has in-depth knowledge of open market operations, knows the role of treasury-bills on the market, knows the essence of credit cards and payment cards. | |
| 4,0 | The student has in-depth knowledge of open market operations, knows the role of T-bills on the market and knows the bills of exchange, credit cards and payment cards. | |
| 4,5 | The student has in-depth knowledge of open market operations, knows the role of T-bills on the market and knows the bills of exchange, credit and payment cards, as well as debentures of enterprises. | |
| 5,0 | The student has in-depth knowledge of open market operations, knows the role of T-bills on the market and knows the nature of bills of exchange, credit cards and payment cards, knows what they are and what are the types of debentures of enterprises. |
Kryterium oceny - umiejętności
| Efekt uczenia się | Ocena | Kryterium oceny |
|---|---|---|
| Ec_1A_O14/5.4_U01 The student is able to interpret the processes occurring on the money market and make the right conclusions. | 2,0 | The student can not interpret the processes taking place on the market. |
| 3,0 | The student demonstrates the ability to interpret the processes taking place on the interbank market. | |
| 3,5 | The student demonstrates the ability to interpret the processes taking place on the interbank market and on the foreign exchange market. | |
| 4,0 | The student demonstrates the ability to interpret the processes taking place on the interbank market and the currency market and draws conclusions. | |
| 4,5 | The student demonstrates the ability to interpret the processes taking place on the interbank market, the currency market, the interest rate market and draws conclusions. | |
| 5,0 | The student has a very good ability to interpret the processes taking place on the interbank market, on the foreign exchange (forex) market, the interest rate market and draws conclusions properly. | |
| Ec_1A_O14/5.4_U02 The student can in practice calculate the measures used on the money market and make their proper interpretation. | 2,0 | The student is not able to in practice make calculations of measures used on the money market, or to interpret them. |
| 3,0 | The student can calculate the rate of return, and the discount rate and interpret the obtained results correctly. | |
| 3,5 | The student is able to calculate the rate of income, and the discount rate and interpret the received results correctly, can calculate the interest properly. | |
| 4,0 | The student is able to calculate the rate of income, and the discount rate, and correctly interprets the results, is able to calculate interest properly, knows how to calculate WIBOR and WIBID rates. | |
| 4,5 | The student is able to calculate the rate of income, and the discount rate and interpret the obtained results correctly, can accurately calculate interest, knows how to calculate WIBOR and WIBID, correctly interprets changes in basic interest rates and can indicate the consequences of these changes. | |
| 5,0 | The student is able to calculate the rate of income and the discount rate and interprets the results correctly, can accurately calculate interest, knows how to calculate WIBOR and WIBID rates, correctly interprets changes in basic interest rates and can indicate the consequences of these changes, knows interest rates. |
Kryterium oceny - inne kompetencje społeczne i personalne
| Efekt uczenia się | Ocena | Kryterium oceny |
|---|---|---|
| Ec_1A_O14/5.4_K01 The student is aware of his/her knowledge | 2,0 | The student does not understand the need to deepen knowledge about the money market. |
| 3,0 | The student is aware of his knowledge and understands the need to constantly increase her/his knowledge. | |
| 3,5 | ||
| 4,0 | ||
| 4,5 | ||
| 5,0 |
Literatura podstawowa
- Wiesława Przybylska-Kapuścińska, Katarzyna Perez (red.), Polityka pieniężna i rynki finansowe wobec wyzwań gospodarki 4.0, CeDeWu, Warszawa, 2019
- Patrycja Chodnicka-Jaworska, DETERMINANTY CREDIT RATINGÓW ORAZ ICH WPŁYW NA RYNEK FINANSOWY, PWE, Warszawa, 2019
- Witold Bień, Rynek papierów wartościowych, Difin, Warszwawa, 2007, VII
- Irena Pyka, Bank centralny na współczesnym rynku pieniężnym, C.H.Beck, Warszawa, 2010
- Artur Borcuch, Globalny system pieniężny, CeDeWu, Warszawa, 2009
- red. Andrzej Sławiński, Polityka pieniężna, C.H. Beck, Warszawa, 2011
- Frank Fabozzi, Handbook of Finance: Financial Markets and Instruments, Wiley, 2008, Vol 1.
- Andrzej Kaźmierczak, Polityka pieniężna w gospodarce otwartej, Wydawnictwo naukowe PWN, Warszawa, 2008
- Marc Levinson, Guide To Financial Markets: Why they exist and how they work, Profile Books, 2018, 7 edition
- Karel BRUNA, Quang VAN TRAN, Inflation Targeting and Variability of Money Market Interest Rates Under a Zero Lower Bound, Czech Journal of Economics and Finance, Czech Republik, 2018, Vol. 68 Issue 6, pp. 519-536, Access through the EBSCO database https://web.s.ebscohost.com/ehost/pdfviewer/pdfviewer?vid=5&sid=eaacb65f-6529-4bda-890b-4cfb682ff556%40redis
Literatura dodatkowa
- Michał Brzoza-Brzezina, Polska polityka pieniężna Badanie teoretyczne i empiryczne, C.H. Beck, Warszawa, 2011