- Code ECON2026
- Unit Value 6 units
- Offered by Research School of Economics
- ANU College ANU College of Business and Economics
- Course subject Economics
- Areas of interest Economics
- Academic career UGRD
- Dr Cagri Kumru
- Mode of delivery In Person
First Semester 2020
See Future Offerings
This course has two main objectives. One is to study the role played by banks in modern monetary economies and financial markets, including issues arising from bank regulation, the role of banks in financial intermediation, and the significance of bank behaviour in monetary policy. This includes analysis of monetary innovations through crypto-currencies such as "bit-coin", and the shadow banking systems that played a significant role in the Global Financial Crisis. The second objective is to study the operation of monetary policy generally, in large economies such as the USA, and in small open economies such as Australia.
Upon successful completion, students will have the knowledge and skills to:
- Understand several key models and concepts of monetary economics and banking theory
- Understand simple articles concerned with monetary economics and banking theory
- Apply to current events key models and concepts of monetary economics and banking theory
- Appreciate the potential importance of monetary phenomenon in the economy
- To be determined. (null) [LO null]
In response to COVID-19, ANU has changed the mode of delivery for all classes in Semester 1 2020 to remote delivery.
Semester 1 Class Summary information (available under the Classes tab) on this publication is as up to date as possible. Changes to Class Summaries not captured by this publication will be available via Wattle and students should have been advised by the offering College. Find out more information on the University's response to COVID-19 here.
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WorkloadTwo lectures and one tutorial per week
Requisite and Incompatibility
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- Student Contribution Band:
- Unit value:
- 6 units
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