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Unit of study_

Contemporary Commercial Banking - BANK3015

Year - 2018

This unit provides undergraduate students with knowledge and a greater understanding of key theoretical and practical issues pertaining to the role of contemporary commercial banking in modern monetary economies. The unit embeds a strong policy-related element by extensively examining the important interactions that exist between contemporary commercial banking, domestic and international financial markets, and monetary policy implementation. The subject will cover features of the financial system, money and payments, commercial banks and the money supply process, the role of contemporary commercial banking in the monetary transmission mechanism and implementation of monetary policy goals, monetary policy rules (both theory and practice), the impact of monetary policy on asset prices and a discussion of alternative (non-traditional) monetary policy conducted at near zero interest rates (quantitative easing, QE, and policy guidance).

Classes
1x 2hr lecture and 1x 1hr tutorial per week

Assessment
mid-semester exam (30%); tutorial exercises (10%); group project (20%); final exam (40%)

Assumed knowledge
BANK3011

Pre-requisites

BANK2011 or ECOS2004 or FINC2011

Details

Faculty: Business (Business School)

Semester 2

30 Jul 2018

Department/School: Finance
Study Mode: Normal (lecture/lab/tutorial) day
Census Date: 31 Aug 2018
Unit of study level: Senior
Credit points: 6.0
EFTSL: 0.125
Available for study abroad and exchange: Yes
Faculty/department permission required? No
Location
Camperdown
Courses that offer this unit

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 undertake cross-institutional study in one or more units of study at the University of Sydney.

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