ECW3143

Economics of money and banking ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Berwick: Dr Nektarios Aslanidis; Gippsland: Mrs Judith Tennant

Offered:
Berwick Second semester 2006 (Day)
Gippsland Second semester 2006 (Day)
Gippsland Second semester 2006 (OCL)
Singapore Second semester 2006 (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: 3 hours per week

Prerequisites: ECW1101, ECW1102 and ECW2120