Studying online

There are now 2 possible online modes for units:

Units with modes Online timetabled and Online flexible are available for any student to self-enrol and study online.

Click on an offering mode for more details.

Unit Overview

Description

This unit revises key definitions and measures used in the financial sector and uses them to examine recent developments in money, banking and financial markets, including an evaluation of policy responses to financial crises.

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 1UWA (Perth)Face to face
Details for undergraduate courses
  • Level 3 core unit in the Financial Economics major sequence
  • Level 3 option in the Business Economics; Economics major sequences
  • Level 3 elective
Outcomes

Students are able to (1) explain the operation of modern financial markets and their regulation, including the behaviour of the markets for a variety of financial instruments; (2) identify recent trends in financial markets and their causes and effects; (3) analyse institutional and regulatory changes in financial markets and the conduct of monetary policy since the global financial crisis in 2008; and (4) analyse the operation of financial markets and financial intermediaries and their effect on the economy.

Assessment

Indicative assessments in this unit are as follows: (1) online quizzes; (2) online assignments; and (3) examination. Further information is available in the unit outline.



Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.

Unit Coordinator(s)
Girish Bahal
Unit rules
Prerequisites
ECON2234 Macroeconomics: Policy and Applications (or equivalent)
or any Level 2 Finance unit.
for pre-2012 courses: ECON1102 Macroeconomics: Money and Finance (or equivalent)
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week
Text

Mishkin, F. S. The Economics of Money, Banking and Financial Markets, 11th Global Edition: Pearson 2016

  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Visit the Essential Textbooks website to see if any textbooks are required for this Unit. The website is updated regularly so content may change. Students are recommended to purchase Essential Textbooks, but a limited number of copies of all Essential Textbooks are held in the Library in print, and as an ebook where possible. Recommended readings for the unit can be accessed in Unit Readings directly through the Learning Management System (LMS).
  • Contact hours provide an indication of the type and extent of in-class activities this unit may contain. The total amount of student work (including contact hours, assessment time, and self-study) will approximate 150 hours per 6 credit points.