UnitLevel 3Undergraduate

ECW3143 Economics of money and banking

Faculty of Business and Economics

ECW3143 Economics of money and banking is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 2 at Malaysia. It needs (ECB1101, ECF1100, ECW1101 or ECC1000) and (ECC2010, ECF2331, ECW2730 or ECB2330).

Credit points
6
Offered in 2022
Semester 2
Malaysia
Assessment
No exam
1 task
Workload
144 hours
per semester

This is the 2022 handbook entry. See the 2025 entry.

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Requisites

Overview

This unit is designed to analyse the effect of money on key economic variables such as interest rates, inflation, output, and on the workings of the banking sector. In addition, the unit examines the roles played by Commercial Banks and the Central Bank in the process of money creation and the implementation of monetary policy. The unit uses an economic approach to allow analysis of policy decisions.

Offerings in 2022

Teaching periodCampusMode
Second semesterMalaysiaOn campus

Assessment

  • Within semester assessmentThreshold hurdle
    100%

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    understand the theoretical structure of an open economy with particular emphasis on monetary policy formulation and implementation

  2. 2

    analyse and predict the key economic variables when the economy is faced with internal and external market shocks

  3. 3

    use an economic model that allows for competitive international capital markets and floating exchange rates to analyse policy measures.

Workload and teaching

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Where it fits

ECW3143 is part of 2 areas of study in the 2022 handbook.

Contacts

Chief Examiners
Professor Eduard Bomhoff

Common questions

What are the prerequisites for ECW3143?

You need (ECB1101, ECF1100, ECW1101 or ECC1000) and (ECC2010, ECF2331, ECW2730 or ECB2330) before you enrol.

When is ECW3143 offered?

In 2022, ECW3143 runs in Semester 2 at Malaysia.

How much work is ECW3143?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ECW3143 have an exam?

No. ECW3143 has 1 assessment task and no exam.

Which majors and minors include ECW3143?

ECW3143 is part of Applied economics.

More details

Credit points
6
Level
3
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Economics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 4
Study abroad
Available
Handbook years
202020212022202320242025