Money and Banking (771N1)
15 credits, Level 7 (Masters)
Spring teaching
This module introduces the theory and practice of money and banking in a modern economy. It aims to provide a broad and in-depth understanding on the interaction of money, banking and macroeconomy in the context of a close economy, advancing to an open economy.
Topics cover:
- monetary system and money creation
- central bank monetary policy theory and practice
- organism of financial systems (including commercial banks, central banks and financial markets) and its response to macroeconomic shocks
- international monetary system and cross-border capital flows,
- central bank digital currency.
Teaching
67%: Lecture
33%: Seminar
Assessment
20%: Coursework (Test)
80%: Examination (Computer-based examination)
Contact hours and workload
This module is approximately 150 hours of work. This breaks down into about 33 hours of contact time and about 117 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.
We regularly review our modules to incorporate student feedback, staff expertise, as well as the latest research and teaching methodology. We’re planning to run these modules in the academic year 2024/25. However, there may be changes to these modules in response to feedback, staff availability, student demand or updates to our curriculum.
We’ll make sure to let you know of any material changes to modules at the earliest opportunity.