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.
Unit details and rules
Academic unit | Political Economy |
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Credit points | 6 |
Prerequisites
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12 credit points at 2000 level in Political Economy |
Corequisites
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None |
Prohibitions
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ECOP3009 |
Assumed knowledge
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None |
Available to study abroad and exchange students | Yes |
Teaching staff
Coordinator | Bill Dunn, bill.dunn@sydney.edu.au |
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