• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Course subject Economics
  • Areas of interest Economics
  • Academic career Undergraduate
  • Course convener
    • Dr Cagri Kumru
  • Mode of delivery In Person
  • Offered in First Semester 2019
    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.

Learning Outcomes

Upon successful completion of the requirements for this course, students will be able 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

Other Information

See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

To be determined.

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Workload

Two lectures and one tutorial per week

Requisite and Incompatibility

To enrol in this course you must have successfully completed 24 units of any courses.

Majors

Minors

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
Band 3
Unit value:
6 units

If you are an undergraduate student and 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). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
2019 $4140
International fee paying students
Year Fee
2019 $5460
Note: Please note that fee information is for current year only.

Offerings and Dates

The list of offerings for future years is indicative only

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery
3189 25 Feb 2019 04 Mar 2019 31 Mar 2019 31 May 2019 In Person

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