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 2024 in Semester 2 at Malaysia. It needs (ECW1101, ECB1101, ECC1000 or ECF1100) and (ECW2730, ECB2330, ECC2010 or ECF2331).
- Credit points
- 6
- Offered in 2024
- Semester 2
- Malaysia
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2025 entry.
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Requisites
Before ECW3143
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ECW3143
No unit lists ECW3143 as a prerequisite in the 2024 handbook.
Equivalent units
The same content under another code. Only one of them counts.
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 2024
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Malaysia | On campus |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand the theoretical structure of an open economy with particular emphasis on monetary policy formulation and implementation
- 2
analyse and predict the key economic variables when the economy is faced with internal and external market shocks
- 3
use an economic model that allows for competitive international capital markets and floating exchange rates to analyse policy measures.
Workload and teaching
- Tutorials24 hours
- Teaching approachActive learning
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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Where it fits
ECW3143 is part of 1 area of study in the 2024 handbook.
Contacts
- Chief Examiners
- Associate Professor Sriram Shankar
Common questions
What are the prerequisites for ECW3143?
You need (ECW1101, ECB1101, ECC1000 or ECF1100) and (ECW2730, ECB2330, ECC2010 or ECF2331) before you enrol.
When is ECW3143 offered?
In 2024, 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.