MONEY AND BANKING

Course Description

This course is designed to explain the importance of money and banking to economic activity. This course offers a systematic analysis of monetary theories and the financial system. Apart from exposing students to different approaches in monetary analysis, the course places a special emphasis on the up-to-date analysis of how information costs affect financial structure and monetary policy. The course will cover the structure and importance of the financial system, the functions of money, behavior of interest rates, financial structure and asymmetric information, bank management and regulation, debates on macroeconomic and monetary policies, the targets and instruments of monetary policies, the transmission mechanism of monetary policy and its effectiveness, money and inflation, rational expectations and its applications.

MONEY AND BANKING

Evaluation Tools (Active Term)

No evaluation items have been defined.

Course outcomes

1. 01 Assessing economic performance of banks
2. 02 Analysis of bank data
3. 03 Assessing performnce of different banks
4. 04 Correctly interpreting central bank activities and decisions

Course Syllabus

Reference Books & Course Materials

1. 01 The Economics of Money and Banking and Financial markets by Frederick S. Mishkin PEARSONS 10TH EDITION IABN-13-978-0132770248

Learning Outcomes

1. L01 To assess economic performance of global banking sector SOLO 4
2. L02 To derive possible outcomes through solid knowledge and understanding of the role of financial system in the economy SOLO 4
3. L03 To evaluate the evolution of money and the role of the money in economic transactions SOLO 5
4. L04 To articulate the contribution of banking to the economy SOLO 5
5. L05 To investigate economics of Financial Intermediation and the role of financial intermediaries. SOLO 4

Program Outcomes

1. P01 Demonstrate comprehensive knowledge of key concepts across the breadth of effective application and use of MIS and innovative information technologies in organizations.
2. P02 Demonstrate autonomy and responsibility in managing MIS projects and improving organizational processes
3. P03 Demonstrate comprehensive understanding of appropriate enterprise frameworks, theories from the MIS to research and assess contemporary issues in the field and related allied fields and disciplines
4. P04 Apply MIS knowledge to facilitate the acquisition, development, deployment, and management of information systems
5. P05 Apply MIS knowledge to the exploitation of opportunities created by information technology innovations ensuring the alignment between MIS strategy and organizational strategy
6. P06 Demonstrate ethical reasoning in relation to crucial MIS issues such as privacy, information security, and ethical use of information
7. P07 Apply appropriate technologies and techniques to the collection and analysis of organizational and environmental data to facilitate evidence-based decision-making
8. P08 Analyse organizational data to accurately identify organizational problems and propose solutions using MIS
9. P09 Apply effective communication skills consistent with the professional environment
10. P10 Apply effective collaboration skills consistent with the professional environment

Po-Lo Matrix