- 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 2021
See Future Offerings
This course involves on campus teaching. For students unable to come to campus there will be a remote option. See the Class Summary for more details.
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]
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WorkloadTwo lectures and one tutorial per week
Requisite and Incompatibility
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- Unit value:
- 6 units
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