ECON30150

Learning Outcomes:

After this course you will know how the banking system operates and how it influences the economy. You will understand what monetary policy is and how it is implemented by the major international central banks. You will understand how financial crises occur and the policies used to prevent them and deal with them. You will be able to assess various proposals for changes in central bank policies and proposals relating to banking regulation. You will be able to understand debates about how central banks should respond to various macroeconomic and financial events and be a more sophisticated consumer of commentary on macroeconomic and financial issues.

Indicative Module Content:

Banks and Financial Intermediation

Banking Crises

Banking Regulation

Central Banks: The Fed and the ECB

Monetary Policy

European Monetary Union

Student Effort Hours:

Approaches to Teaching and Learning:

The module is based around lectures given by the module co-ordinator. There is no set textbook. Instead, the principle teaching materials are a set of lecture notes provided by the module co-ordinator. This is supported by a wide variety of articles and readings of various sorts which give students the chance to dig deeply into each of the topics covered.

Lecture slides are made available in advance of live in-person classes.

Students will keep up with the course material by taking a short weekly online multiple-choice test.

On the use of AI: You can use AI if you want to but it won't be a very good way of approaching the assessment.

- The answers to the MCQ quizzes are all in the lecture notes and AI will not be particularly good at answering them.

- You could try to use AI for preparing answers for the final exam essay questions but, again, you are really just better off consulting the relevant parts of the lecture notes. This is because the lecture notes have been prepared by the person actually grading the exams. I am generally looking for some specific key points to be made and the lecture notes will emphasise these points. The AI tool is unlikely to provide answers that emphasise these same key points. And remember that if you provide a bad answer that look a lot like bad answers that other students have written, this clearly sends a signal to the grader that you did not research this answer yourself in the recommended way.

Requirements, Exclusions and Recommendations

Learning Recommendations:

ECON 20010 Intermediate Microeconomics & ECON 20020 Intermediate Macroeconomics

Module Requisites and Incompatibles

Incompatibles:
ECON3001J - International Money & Banking


 

Assessment Strategy

 

Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Feedback individually to students, on an activity or draft prior to summative assessment
• Feedback individually to students, post-assessment

How will my Feedback be Delivered?

Students are entitled to request a meeting with the module co-ordinator to get feedback on their performance in tests or their written submissions. Online office hours will be held on a weekly basis during the term. Students can get feedback then or at other times by emailing the module co-ordinator.

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.