ECON3111 program
Money and Banking
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6
ECTS
180
hours in a term
4
class hours a week
What you will learn
- •Explain the functions of money, the role of financial institutions, and the structure of the banking system
- •Examine the relationship between interest rates, inflation, and monetary policy in economic stability
- •Investigate the role of commercial banks, investment banks, and non-banking financial institutions in the financial system
- •Evaluate the effectiveness of different monetary policy tools, including open market operations, reserve requirements, and discount rates
- •Apply economic models to analyze the interactions between monetary policy, credit markets, and business cycles
How it is graded
40%
Case-based group coursework
Week 7-8
60%
Written exam
Week 15-16
Workload
180 hours in a term, about 12 a weekIn-Class Time 56 hIndependent Study 55 hAssignments 51 hExaminations 18 h
Week by week
Books
The Economics of Money, Banking, and Financial Markets
Frederic S. Mishkin, 13th
Money, Banking, and Financial Markets
Laurence M. Ball, 2nd
Where it fits
No prerequisites
Requirements come from syllabi. Check with your advisor.
Rules
Attendance is compulsory. A student missing 25% (32 hours or more) of all instructed hours will be forced to withdraw from the course, per University Academic Regulations.
Who teaches it
Not in the timetable this term.
Files
syllabus
Syllabus (ECON311)
Money and Banking · Spring 2026
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