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Unit of study_
ECOP3019: Money and Finance
2025 unit information
The capitalist economy is organised around the circulation and pursuit of money. The financial system is neither a parasite on nor a veil over the 'real economy'; it is the organiser and disciplinarian of capitalism as an economic system, and it also breaks down from time to time, sometimes spectacularly. In this unit, you will explore: the evolution of money from the gold standard to the present; and, the institutions, instruments, and markets of modern finance, with a special focus on financial innovation and its challenges. You will critically engage with mainstream and other economic theories of finance, and apply these to understanding real world financial structures and events.
Unit details and rules
Managing faculty or University school:
Arts and Social Sciences
| Study level | Undergraduate |
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| Academic unit | Political Economy |
| Credit points | 6 |
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Prerequisites:
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12 credit points at 2000 level in Political Economy |
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Corequisites:
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None |
| Prohibitions:
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ECOP3009 |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. demonstrate an understanding of the evolution, trends and debates of the current financial system
- LO2. interpret and evaluate evidence and arguments about trends in international money and finance
- LO3. develop relevant arguments based on critical evaluation of available evidence and use these to argue positions
- LO4. apply economic theories and concepts to contemporary policy problems and practice
- LO5. critically evaluate underlying theories, concepts, assumptions, limitations and arguments in financial theory
- LO6. appreciate the advancing nature of knowledge frontiers in financial theory and practice through research
Unit availability
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