This course aims to give students an insight into the financial system, by putting emphasis on its role and functions. Upon completion of this course, students should be able to: define the functions of money; describe the main characteristics of financial institutions; understand the role of central banks; analyse the theory of money; describe the Eurosystem; understand the evolution of banking and central banking in modern Greece in a historical perspective; understand the role of the Bank of Greece in the Greek financial system, and Greek economy in general. Topics to be covered: 1) On the nature of money (monetary objects and functions), 2) Barter economy vs money economy, 3) The role of banking and financial system, 4) Banks and the money supply, 5) Demand for money, 6) Monetary theory, 7) Monetary policy, 8) Gold standard, Bretton Woods, and monetary unions, 9) The Eurosystem, the European Central Bank, and the Bank of Greece, 10) The banking and financial system of Greece, 1841-1928, 11) The banking and financial system of Greece, 1928-2008, 12) Banking and Financial Crises.

eclass: https://eclass.uop.gr/courses/770/