22640 Fundamentals of Banking Regulation in a Time of Crisis and Beyond

This course examines the fundamental rationales for regulating banking institutions. Starting with the definition of a bank as a financial intermediary offering payment services, the course proceeds to investigate the nature of the deposit account and the problem of instability associated with fractional reserves. Attention is paid to mechanisms for coping with instability in banking firms, including government deposit insurance, and the associated problem of moral hazard. The class concludes with an examination of financial crises and panics with special focus on the Crisis of 2007-2009.


Prof. Miller

Prof. Geoffrey Miller
Professor of Law
School of Law, New York University
New York City


Duration: 2 - 12 July 2018
Place: S15, Faculty of Business and Economics, Peter Merian-Weg 6

Monday 02.07.2018: 09.00-11.30
Tuesday 03.07.2018: 09.00-11.30
Wednesday 04.07.2018: 09.00-11.30
Thursday 05.07.2018: 09.00-11.30

Monday 09.07.2018: 09.00-11.30
Tuesday 10.07.2018: 09.00-11.30
Wednesday 11.07.2018: 09.00-11.30
Thursday 12.07.2018: 09.00-11.30



13 July 2018, 10:00 - 12:00 (S15)


Recommended Prerequisites

Introduction to Economics (Einführung in die Volkswirtschaftslehre, 10130)
Introduction to Financial Markets (Einführung in die Finanzmärkte, 23516)


Course Information

For further information please contact the <link de studium summer-school internal link in current>Summer School office.