ECW3143 · Economics of money and banking

Overview

This unit is designed to analyse the effect of money on key economic variables such as interest rates, inflation, output, and on the workings of the banking sector. In addition, the unit examines the roles played by Commercial Banks and the Central Bank in the process of money creation and the implementation of monetary policy. The unit uses an economic approach to allow analysis of policy decisions.

Offerings

Assessment

The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.

Requisites

Learning outcomes

1. examine theories, concepts, and models pertaining to the economics of money and banking to acquire valuable insights into intricate issues within both local and global economies
2. apply critical thinking and utilise a variety of analytical tools to suggest policy solutions regarding the economics of money and banking that are both effective and feasible
3. utilise research skills and an evidence-based approach when tackling challenges related to monetary and fiscal policies
4. communicate matters related to the economics of money and banking effectively to diverse audiences, providing clarity and insight.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.