ECON3350 Money, Banking and Financial Markets

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 2UWA (Perth)Face to face
Details for undergraduate courses
  • Level 3 option in the Economics; Professional Economics major sequences
  • The area of knowledge for this unit is Management and Commerce
  • Category B broadening unit for students
  • Level 3 elective
Content
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.
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) assignments; and (3) exams. Further information is available in the unit outline.

Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
Unit Coordinator(s)
Dr 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
Unit Outline
Semester 2_2019 [SEM-2_2019]
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.
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  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.