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Unit of study_

ECOS2004: Money and Banking

2025 unit information

Students will learn how a modern financial system operates and the relationships between the financial system and the economy, with a particular emphasis on understanding business cycles. We will study how money/capital changes hands between agents over time, both directly and through institutions. We will study how these exchanges affect the economy, and how central banks and other policy institutions monitor, influence and regulate these exchanges. There will be an equal emphasis on understanding the modern financial system and on analysing monetary policy and financial regulation.

Unit details and rules

Managing faculty or University school:

Arts and Social Sciences

Study level Undergraduate
Academic unit Economics
Credit points 6
Prerequisites:
? 
(ECON1001 and ECON1002) or (ECON1040 and ECON1002) or BUSS1040
Corequisites:
? 
None
Prohibitions:
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None
Assumed knowledge:
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None

At the completion of this unit, you should be able to:

  • LO1. understand the connections between money, commercial banks and the economy
  • LO2. obtain an understanding of the role of monetary policy and the relationship between monetary policy, commercial banks and the economy
  • LO3. communicate how policy decisions impact on real-world outcomes
  • LO4. analyse how policy decisions impact on observed macroeconomic outcomes.

Unit availability

This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.

The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.

Session MoA ?  Location Outline ? 
Semester 1 2024
Normal day Camperdown/Darlington, Sydney
Session MoA ?  Location Outline ? 
Semester 1 2025
Normal day Camperdown/Darlington, Sydney
Outline unavailable
Session MoA ?  Location Outline ? 
Semester 1 2020
Normal day Camperdown/Darlington, Sydney
Semester 1 2021
Normal day Camperdown/Darlington, Sydney
Semester 1 2021
Normal day Remote
Semester 1 2022
Normal day Camperdown/Darlington, Sydney
Semester 1 2022
Normal day Remote
Semester 1 2023
Normal day Camperdown/Darlington, Sydney
Semester 1 2023
Normal day Remote

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Modes of attendance (MoA)

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