ECW3143

Economics of money and banking (6 points)

(BUS)

Leader: Ms Judith Tennant; Malaysia: To be advised

Offered:
Berwick Second semester 2003 (Day)
Gippsland Second semester 2003 (OCL)
Perth Second semester 2003 (Day)
Singapore Second semester 2003 (OCL)
Berwick Second semester 2004 (Day)
Gippsland Second semester 2004 (OCL)
Perth Second semester 2004 (Day)
Singapore Second semester 2004 (OCL)

Synopsis: The concept of money, the financial system and financial intermediation, the nature and roles of the Reserve Bank, banks and non-bank financial institutions. The role and interaction of financial markets and the determination of interest rates, foreign exchange markets and the determination of exchange rates, the interaction between foreign exchange and money markets and implication for policy and APRA's prudential regulation.

Assessment: Assignment: 30% + Examination (3 hours): 70%

Contact Hours: 2-hour lecture and 1-hour tutorial per week

Prerequisites: ECW1101, ECW1102 and ECW2120