MonMap
A course mapper by Monash Association of Coding (MAC)
Economics of money and banking
ECB3143
Synopsis
This unit explores the relationship between money, banking, and key macroeconomic variables such as interest rate, inflation and output. You will examine the roles of commercial banks, central banks, and monetary policy in shaping economic outcomes. A major component of the unit is a group project where you will critically investigate a chosen topic — ranging from historical systems like the gold standard to emerging issues like cryptocurrencies — using data, theory, and AI tools. Through teamwork, presentation, and individual research, you will deepen your understanding of modern financial systems and their role in the broader economy.
Sourced from the Monash Handbook 2026.
Quick facts
- Credit points
- 6
- Level
- 3
- Audience
- Undergraduate
- Type
- Coursework
- School
- Faculty of Business and Economics
- Faculty
- Department of Economics
- Handbook year
- 2026
Prerequisites (7)
- Introductory microeconomicsECB1101
- Macroeconomic policyECB2330
- Principles of microeconomicsECC1000
- MicroeconomicsECF1100
- Macroeconomic policyECF2331
- Introductory microeconomicsECW1101
- Macroeconomic policyECW2730
What it unlocks
Nothing in the visible graph depends on this unit.
Offerings (1)
- Second semesterPeninsula · ON-CAMPUS
Listed in 2 areas of study
- Economics and business decisionsAdditional economics and business decisions unit
- Finance and economicsCore units