Money Banking and Financial Markets
The course will bring in increased familiarity with the workings of the banking sector and financial markets. The course will help better understand the importance of well-functioning financial institutions and financial market on the functioning of the broader economy. Students will be able to appreciate the role of central bank and how monetary policy can influence growth and fluctuations in the economy, and affect the welfare of households and outcomes for the private sector. The course will aid in improving the competence in working with various economic and financial market data for retrieving, analyzing, and interpreting the economic and finance news, reports, and data to provide/understand monetary policy recommendations.
Course Structure & Syllabus
For details of standard term assessment timelines and exam structures, visit our Academics page.
Prescribed Books & References
- The Economics of Money, Banking, and Financial Markets, 7th Canadian Edition, Frederic Mishkin, Apostolos Serlitis. Pearson Publishers.
- Cecchetti, S.G., and K.L. Schoenholtz, 2021: Money, Banking, and Financial Markets, 6th edition, McGraw-Hill
- Champ, Freeman and Haslag: "Modeling Monetary Economies," 3rd Edition, Cambridge University Press.
- Compulsory: "Modeling Monetary Economies, 5th Edition," by Bruce Champ, Scott Freeman and Joseph Haslag, published by Cambridge University Press.