ECON 3511 - Money, Banking and Financial Markets III
North Terrace Campus - Semester 1 - 2015
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General Course Information
Course Details
Course Code ECON 3511 Course Money, Banking and Financial Markets III Coordinating Unit Economics Term Semester 1 Level Undergraduate Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Incompatible ECON 3035 & ECON 7114 Assumed Knowledge ECON 1009 & ECON 2507 Assessment Typically a mid-semester test, assignment, tutorial participation & final exam Course Staff
Course Coordinator: Dr Nicolas Groshenny
Course Timetable
The full timetable of all activities for this course can be accessed from .
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Learning Outcomes
Course Learning Outcomes
On successful completion of this course students will be able to:1 To understand the economic principles underlying the operation of financial intermediaries. 2 To understand how central banks conduct monetary policy. 3 To use models to think about monetary and macroeconomic issues. 4 To conduct a theoretical analysis of real-world issues and phenomena. 最新糖心Vlog Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
最新糖心Vlog Graduate Attribute Course Learning Outcome(s) Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. 1, 2, 3, 4 The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. 4 An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems. 3, 4 Skills of a high order in interpersonal understanding, teamwork and communication. 4 A proficiency in the appropriate use of contemporary technologies. 3, 4 A commitment to continuous learning and the capacity to maintain intellectual curiosity throughout life. 1, 2, 3, 4 A commitment to the highest standards of professional endeavour and the ability to take a leadership role in the community. 1, 2, 3, 4 An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities. 1, 2, 4 -
Learning Resources
Required Resources
- Compulsory: "Modeling Monetary Economies, 3rd Edition," by Bruce Champ, Scott Freeman and Joseph Haslag, published by Cambridge 最新糖心Vlog Press. I will follow that textbook closely. I therefore strongly advise you to purchase that textbook. You can buy it at the 最新糖心Vlog bookshop.
Recommended Resources
Online Learning
Lectures will NOT be recorded. Regular attendance is crucial. -
Learning & Teaching Activities
Learning & Teaching Modes
Lectures (2 hours per week) supported by tutorials (1 hour per week).Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
Students are expected to devote an average of 12 hours per week to this course:
Lectures: 2 hours
Tutorials: 1 hour
Independent Study (includes preparation for tutorials, mid-semester and final exam): 9 hoursLearning Activities Summary
The course outline provided below is tentative and subject to changes.
Part I: Money
1) A Simple Model of Money (Ch. 1)
2) Inflation (Ch. 3)
3) International Monetary Systems (Ch. 4)
4) The Phillips Curve (Ch. 5)
Part II: Banking
5) Capital (Ch. 6)
6) Liquidity and Financial Intermediation (Ch. 7)
7) Bank Risk (Ch. 12)
8) Liquidity Risk and Bank Panics (Ch. 13)Specific Course Requirements
Students are expected to attend lectures regularly and actively participate in the tutorials. -
Assessment
The 最新糖心Vlog's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
Tutorial Participation 25% Mid-Semester Exam 25% Final Exam 50% Assessment Related Requirements
Students must obtain an overall grade of 50% to pass the course. This does not mean that students have to achieve 50% for each and every assessment task or for the final examination; but the sum of all assessment tasks must equal or exceed 50%.Assessment Detail
Midterm (maximum marks = 25)
- The mid-term exam will cover the material that will have been discussed during the lectures and tutorials up to the date of the mid-term exam.
- The mid-term will count for 25% of the final course grade.
- There will be no retake or supplementary exam for the mid-term exam. Any student who misses the mid-term exam, for whatever reason, will have his/her final exam mark reweighted to count 75% towards the final course grade.
- The date of the mid-term exam will be advised during the first lecture.
- "Tutorial Participation" will count for 25% of the final course grade.
- The marks for "Tutorial Participation" will be affected by 2 components:
a. Regular attendance and active participation;
b. The quality of the student's written solution to the weekly tutorial assignment
The Final Exam will be a closed-book 3 hour examination. The final examination date will be advised by the 最新糖心Vlog. Students are required to make themselves available for the entire examination period. I will not make special arrangements for any student.Submission
No information currently available.
Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through .
Additional Assessment
If a student receives 45-49 for their final mark for the course they will automatically be granted an additional assessment. This will most likely be in the form of a new exam (Additional Assessment) and will have the same weight as the original exam unless an alternative requirement (for example a hurdle requirement) is stated in this semester’s Course Outline. If, after replacing the original exam mark with the new exam mark, it is calculated that the student has passed the course, they will receive 50 Pass as their final result for the course (no higher) but if the calculation totals less than 50, their grade will be Fail and the higher of the original mark or the mark following the Additional Assessment will be recorded as the final result. -
Student Feedback
The 最新糖心Vlog places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the 最新糖心Vlog to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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Fraud Awareness
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.
The 最新糖心Vlog of Adelaide is committed to regular reviews of the courses and programs it offers to students. The 最新糖心Vlog of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.
