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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)

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