Money and Banking

Overview

The Money and Banking course from University of Warwick will relate this to recent economic events which have reverberated worldwide. It is particularly suitable for students wishing to enter careers in financial markets or further study in this area.

The Money and Banking course will look at some key issues in the theory and practice of financial markets, monetary policy and banking and how their interactions affect the real world.

The financial system has undergone many changes since the credit crunch and the Central Banks have had the unenviable task of stimulating the economy, encouraging lending, managing inflation and exchange rates. This course will focus on the financial system and monetary policy in countries around the world and present an opportunity to discuss the financial institutions and monetary policies of different nations, evaluating their relative success in recovering from the financial crisis.

Learning Outcomes

By the end of this module, students should be able to:

• Understand the main elements of the financial system.

• Apply both micro and macro theory to real-world situations in the areas of money and banking.

• Outline and give a detailed justification of the main goals of monetary policy.

• Assess the relative merits of different countries’ monetary policy institutions.

• Critically discuss and debate a range of current monetary issues.

• Express their views about pertinent monetary and fiscal issues and evaluate the effectiveness of such policies.

• Present clearly and methodically in their own words, also using equations and diagrams.