This course has two main objectives. One is to study the role played by banks in modern monetary economies and financial markets, including issues arising from bank regulation, the role of banks in financial intermediation, and the significance of bank behaviour in monetary policy. The second objective is to study the operation of monetary policy generally in small open economies such as Australia.

Upon successful completion of the requirements for this course, students will be able to:
• Understand several key models and concepts of monetary economics and banking theory
• Understand simple articles concerned  with monetary economics and banking theory
• Apply to current events key models and concepts of monetary economics and banking theory
• Appreciate the potential importance of monetary phenomenon in  the economy

To be determined.

Two lectures and one tutorial per week.

ECON1102 Macroeconomics 1 or ECON1100 Economics 1 (H), and completion of or concurrent enrolment in ECON2101/2111 Microeconomics 2 (P or H).

Please refer to Course Website