The Economics of Money and Banking - ECON5340
Overview
The module provides a starting point for understanding financial markets. It attempts to link models of money, banking and finance into one generic, or foundation, view and provides insight into what determines the set of equilibrium prices required to provide an appropriate level of savings in an economy to finance the expected level of expected activity. It considers how financial and economic innovations have evolved over time, and explores why and how it seems to be that when finance fails, so does the modern market economy.
Important considerations within the module include:
• How can we analyse the appearance of money in an economy?
• What is the link between money and finance?
• What explains bank runs?
• Can we explain the occurrence of financial crises?
Details
Contact hours
Private Study: 121
Contact Hours: 29
Total: 150
Availability
This module is optional for all Single and Joint honours degree programmes in Economics.
This module is not available to students across other degree programmes in the University.
Method of assessment
Main assessment method
Essay (1500 words) (30%)
Examination, 2 hours (70%)
Reassessment Instrument: 100% exam
Indicative reading
The University is committed to ensuring that core reading materials are in accessible electronic format in line with the Kent Inclusive Practices.
The most up to date reading list for each module can be found on the university's reading list pages.
See the library reading list for this module (Canterbury)
Learning outcomes
On successfully completing the module students will be able to:
1. Demonstrate knowledge and understanding of the appearance of money
2. Understand the appearance and role of commercial banks as financial intermediaries
3. Analyse the functions of money, commercial banks and the central bank
4. Understand the relationship between the central bank and commercial banks
5. Apply analytical and mathematical skills to analyse financial issues
6. Analyse rate of return differences across different financial assets.
Notes
-
Credit level 5. Intermediate level module usually taken in Stage 2 of an undergraduate degree.
- ECTS credits are recognised throughout the EU and allow you to transfer credit easily from one university to another.
- The named convenor is the convenor for the current academic session.
University of Kent makes every effort to ensure that module information is accurate for the relevant academic session and to provide educational services as described. However, courses, services and other matters may be subject to change. Please read our full disclaimer.