Banking and the Economic Environment

This unit is expiring
The expiry date of this unit is 31/07/2024.

Overview

Framework:
Access to HE
Level:
Level 3
Unit No:
QU018393
Credits:
3
Guided learning hours:
Not available

Qualification Grading Type

Graded

Grade Descriptors

  • GD1-Understanding the subject
  • GD7-Quality

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

Understand 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.

  • 2.3

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

  • 2.4

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