https://at-ceu.studyguide.timeedit.net/modules/ECBS5005?type=COREThis course discusses the role of banks and financial intermediaries in the economy. It explains the special status of the banking system in the economy and why the financial industry is so prone to crises. Strengths and shortcomings of the current regulatory framework will be discussed with the aim to provide students with a lasting conceptual framework. The course will discuss causes and consequences of the Financial Crisis of 2007-09 and relate the material to current financial news.