Political Economy of Money and Finance (ECOP3019)


Capitalism is organised through the circulation and pursuit of money. The financial system is neither a parasite on nor a veil over the 'real economy', but its organiser and disciplinarian. It also breaks down from time to time, sometimes spectacularly. This unit explores money and finance from a political economy perspective. It covers the evolution of money from the gold standard to the present, the institutions, instrument and markets of modern finance, with a special focus on financial innovation and its challenges. It introduces mainstream and critical theories of finance, and applies them to understanding real world structures and events.

Our courses that offer this unit of study

Further unit of study information


1x2hr lecture/week, 1x1hr tutorial/week


750wd Essay (20%) and 1750wd Essay (35%) and 1.5hr exam (35%) and 500wd equivalent Tutorial presentation (10%)

Faculty/department permission required?


Unit of study rules

Prerequisites and assumed knowledge

6 Intermediate credit points from Political Economy



Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.