MONEY AND BANKING

ECO3MB

Not currently offered

Credit points: 15

Subject outline

Students gain an understanding of the economics of the financial sector and explore the interrelationships between this sector and the real economy. The unit puts special emphasis upon financial intermediaries. Students develop the ability to analyse current issues in the world of finance. The in-depth understanding of the financial sector enables students to make better financial choices for their personal lives as well as in their future business role.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorAxel Wieneke

Available to Study Abroad StudentsYes

Subject year levelYear Level 3 - UG

Exchange StudentsYes

Subject particulars

Subject rules

Prerequisites ECO1DSM or ECO1RIG or BUS1BUE or ECO1PPA or ECO1PPB or ECO1IMA or ECO1IMI or subject to Head of School approval.

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsEconomics of money, banking and financial marketsRecommendedMishkin, F.S.PEARSON ED, 8TH EDN.
ReadingsMoney, banking and financial marketsRecommendedCecchetti, S. and Schoenholz, K.,MCGRAW-HILL, LATEST EDN.

Graduate capabilities & intended learning outcomes

01. Students should be able to identify and comprehend relevant concepts for financial markets and institutions.

Activities:
Readings, short open book quizzes and extensive seminar discussions
Related graduate capabilities and elements:
Critical Thinking (Critical Thinking)

02. Students should be able to communicate in oral and written form relevant concepts for financial markets and institutions.

Activities:
Students will get detailed instructions for writing and presenting as well as written feedback for their drafts and soft skills
Related graduate capabilities and elements:
Teamwork (Teamwork)
Writing (Writing)
Critical Thinking (Critical Thinking)
Inquiry/ Research (Inquiry/ Research)

03. Students should be able to assess problems for financial institutions, regulators, and savers and investors in regards to finance.

Activities:
Students should be able to assess problems for financial institutions, regulators, and savers and investors in regards to finance.
Related graduate capabilities and elements:
Critical Thinking (Critical Thinking)
Creative Problem-solving (Creative Problem-solving)

Subject options

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Subject not currently offered - Subject options not available.