KTTP4120 Financial Markets and Institutions (6 cr)

Study level:
Basic studies
Grading scale:
English, Finnish
Responsible organisation:
Jyväskylä University School of Business and Economics
Curriculum periods:
2017-2018, 2018-2019, 2019-2020



The lecture course gives an introduction to key functions of the financial markets, to financial institutions and to the role of money in economy. The special focus of the lecture course is business and behavior of the financial institutions, financial market equilibrium, demand for money, and determination of interest rates. The lecture course gives also an introduction to the main functions of central banks, and to the tools and targets of monetary policy.

Completion methods

Book exam: academic year

Assessment details

Accepted completion of the designated assignments. The assessment criteria of the course is specified in the study program annually.

Learning outcomes

At the end of the course student is expected to be able to:
• explain the key functions of the financial markets
• to understand the definitions of money and monetary aggregates, and to be able to analyze behavior of interest rates
• to be able to explain and analyze what factors determine demand for money and supply of money

Additional information

Ajoitus: 1. (tai 2.) opintovuosi

Description of prerequisites

KTTP2110 Basics of Economics or equivalent

Study materials

Please contact the instructor for the book exam instructions.


  • Mishkin, F.S., Matthews, K. ja Giuliodori, M., 2013. The economics of money, banking and financial markets, European edition, 1st edition, Pearson Education Limited.; ISBN: 9780273731801

Completion methods

Method 1

Select all marked parts

Method 2

Select all marked parts
Parts of the completion methods
Unpublished assessment item
Unpublished assessment item