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Money and finance

2025/2026
Programme:
Financial mathematics, First Cycle
Year:
2 year
Semester:
second
Kind:
mandatory
ECTS:
6
Language:
slovenian
Course director:

Prof. Matej Marinč

Lecturer (contact person):

Prof. Matej Marinč, Matjaž Črnigoj

Hours per week – 2. semester:
Lectures
3
Seminar
1
Tutorial
2
Lab
0
Prerequisites

There are no prerequisites.

Content (Syllabus outline)

The formation of money and different types of money. The characteristics of monetary exchange
Central bank, commercial banks and the emission of money, money multiplication
Introduction to corporate finance (claims, debt and forms of financial assets, investment decisions),
Financial markets and financial institutions (money market, capital markets, monetary and non-monetary financial intermediaries)
Monetary policy (goals and instruments of monetary policy)
Public finance (public goods, taxation and the system of taxation in Slovenia)

Readings

I. Ribnikar: Monetarna ekonomija I : Denar, finančne institucije in denarna politika, Ekonomska fakulteta, Ljubljana, 2003.
T. Stanovnik, Javne finance, 2008 (izbrana poglavja)
M. Čok, A. Cirman, V. Prevolnik Rupel, V. Rant, I. Gabrijelčič, N. Kump, T. Prezelj, Javne finance v Sloveniji, 2014 (izbrana poglavja).
A. Berk, I. Lončarski, P. Zajc: Vodnik po predmetu Poslovne finance, EF, 2002 (izbrana poglavja).
S. I. Greenbaum, A. V. Thakor, A. W. A. Boot, Contemporary Financial Intermediation, Elsevier, 4th Edition, 2019.

Objectives and competences

The goal of the course is to introduce students with the basic framework of money and finance in the economy. The students get acquanted with the formation, issuance and multiplication of money, the role of the banking system, the structure of financial markets and financial institutions and the basics of corporate finance. The students also learn the basic framework of public finance, including the role and the sistem of taxes.

Intended learning outcomes

Knowledge and understanding: To understand the basic characteristics of the formation of money, monetary exchange, monetary policy, basics of corporate finance, monetary and non-monetary financial institutions, and the system of public finance
Application: The knowledge that the student obtains is useful at the understanding of the monetary and financial system. Certain aspects of the course are also practically applicable.
Reflection: Students will be able to align their existing understanding of the role of money and finance with the additional theoretical framework obtained at the course. and critically evaluate potential gaps.
Transferable skills:
The course consists of lectures, tutorials and seminars. The student would be able to assess the matching of theoretical concepts with real practical examples. The student will learn how to use teoretical findings in the field of money and finance. In the process of the preparation of the seminar, the student will need to collect and interpret data, use different didactic tools and report orally and in writing. The social skills of the student will also be enhanced as the group seminar will require prolonged and deepened interaction within each group.

Learning and teaching methods

lectures, tutorials, seminars and consultations Tutorials are used for concepts that require deepened understanding.
The student must be present and cooperating at the lectures and tutorials and successfully defend the group seminar from the field of mo

Assessment

Group seminar
The successfully defended group seminar is a prerequisite to writing an exam.
grading: 5 (fail), 6-10 (pass) (according to the Statute of UL)

Lecturer's references
  1. BURGER, Anže, MARINČ, Matej, POLANEC, Sašo, KOTNIK, Patricia. Public procurement and bank lending. Finance research letters. Aug. 2024, vol. 66, [article no.] 105623, 10 str., ilustr. ISSN 1544-6123.
  2. MARC, Mojca, MARINČ, Matej, RANT, Vasja. ESG risk management in EU banking. Bančni vestnik: revija za denarništvo in bančništvo. [Tiskana izd.]. May 2023, vol. 72, no. 5, str. 71-77. ISSN 0005-4631
  3. GJEÇI, Ardit, MARINČ, Matej, RANT, Vasja. Non-performing loans and bank lending behaviour. Risk management. Mar. 2023, vol. 25, iss. 1, article no. 7, 26 str. ISSN 1460-3799.
  4. GJEÇI, Ardit, MARINČ, Matej. Corruption and non-performing loans. Economic and business review. Dec. 2022, vol. 24, iss. 4,. article no. 4, str. 240-259, ilustr. ISSN 2335-4216.
  5. MARINČ, Matej, MASSOUD, Nadia, ICHEV, Riste, VALENTINČIČ, Aljoša. Presidential candidates linguistic tone : the impact on the financial markets. Economics letters. Jul. 2021, vol. 204, art. 109876, 9 str. ISSN 0165-1765.
  6. RANT, Vasja, MARINČ, Matej, PORENTA, Jan. Debt and convergence : evidence from the EU member states. Finance research letters. Mar. 2021, vol. 39, art. 101617, 10 str. ISSN 1544-6123.
  7. RANT, Vasja, MRAK, Mojmir, MARINČ, Matej. The Western Balkans and the EU budget : the effects of enlargement. Journal of Southeast European and Black Sea studies. 2020, vol. 20, iss. 3, str. 431-453. ISSN 1468-3857.
  8. LONČARSKI, Igor, MARINČ, Matej. The political economy of relationship banking. Research in international business and finance. Jan. 2020, vol. 51, art. 101078, str. 1-12. ISSN 0275-5319.
  9. JAKŠIČ, Marko, MARINČ, Matej. Relationship banking and information technology : the role of artificial intelligence and FinTech. Risk management. Mar. 2019, vol. 21, iss. 1, str. 1-18. ISSN 1460-3799.
  10. LUCEY, Brian M., LONČARSKI, Igor, MARINČ, Matej, ICHEV, Riste, et al. Future directions in international financial integration research - a crowdsourced perspective. International review of financial analysis. [Print ed.]. Jan. 2018, vol. 55, str. 35-49. ISSN 1057-5219.
  11. ICHEV, Riste, MARINČ, Matej. Stock prices and geographic proximity of information : evidence from the Ebola outbreak. International review of financial analysis. [Print ed.]. Mar. 2018, vol. 56, str. 153-166. ISSN 1057-5219.
  12. LI, Shaofang, MARINČ, Matej. Economies of scale and scope in financial market infrastructures. Journal of international financial markets, institutions & money. [Print ed.]. Mar. 2018, vol. 53, str. 17-49. ISSN 1042-4431.
  13. JAKŠIČ, Marko, MARINČ, Matej. Optimal inventory control with advance supply information. Economic and business review. 2016, vol. 18, no. 3, str. 319-341, 384, ilustr. ISSN 1580-0466.
  14. IFTEKHAR, Hasan, MARINČ, Matej. Should competition policy in banking be amended during crises? : lessons from the EU. European journal of law and economics. 2016, vol. 42, iss. 2, str. 295-324. ISSN 0929-1261.