Banking and the Economic Environment

Overview

Framework:
Access to HE 2024
Level:
Level 3
Unit No:
Not available
Credits:
3
Guided learning hours:
Not available

Qualification Grading Type

Graded

Unit Learning Outcomes

1.

Understand the purpose and functions of a bank.

Assessment Criteria

  • 1.1.

    Explain the purpose and functions of a bank and its role as a financial intermediary.

  • 1.2.

    Explain different types of banking activity.

2.

Know the business and economic environment in which banks operate.

Assessment Criteria

  • 2.1.

    Analyse the business and economic environments in which banks operate.

  • 2.2.

    Assess the role of government in the economy.

3.

Know how banks assess the performance of an economy.

Assessment Criteria

  • 3.1.

    Explain the key indicators that can be used by banks to assess the performance of an economy.

  • 3.2.

    Assess the impact of these indicators on the performance of an economy.