Simon Fraser University
Engaging the World

Course Outlines

Fall 2020 - ECON 310 D100

Money and Banking (3)

Class Number: 5902

Delivery Method: In Person

Overview

  • Course Times + Location:

    Sep 9 – Dec 8, 2020: Thu, 12:30–2:20 p.m.
    Burnaby

  • Prerequisites:

    ECON 103 and 105, 60 units.

Description

CALENDAR DESCRIPTION:

Banking theory and practice in a Canadian context; the supply theory of money; the demand for money and credit creation; monetary policy in a centralized banking system and in relation to international finance. Students with credit for ECON 210 or ECON 389 in 1131 or 1134 cannot take ECON 310 for further credit. Quantitative.

COURSE DETAILS:

Description: We will learn the functions of money in the economy and the role of financial markets, including  banks  and other financial institutions. We will also study the role of a country’s central bank and how monetary policy is conducted.  These topics will be explored in the light of recent events, such as the financial crisis of 2007/2008, the advent of crypto-currencies, and the Covid-19 epidemic of 2020.

Required Technology: Course materials will be posted on the Canvas web page, including outlines of each lecture. Lectures will be conducted remotely, using Zoom or whatever technology is decreed by SFU at the start of the semester. In-class quizzes will be conducted via TopHat, which requires paid registration by the student. There will be a weekly office hour that will be conducted via Zoom meetings or by appointment. All other communication with the professor and teaching assistants will be via email.

Grading

  • Participation 5%
  • In-class quizzes 5%
  • Tutorial quizzes 10%
  • 2 midterm exams (25% each) 50%
  • Final exam 30%

NOTES:

Student attendance will be required at each lecture and tutorial session.

Materials

REQUIRED READING:

Mishkin, Frederick and Serletis, Apostolos. Economics of Money, Banking and Financial Markets, 7th edition. 2020. Pearson Canada. [MyLab Economics with Pearson eText – Standalone Access Card]. ISBN 978-0135230497.


Department Undergraduate Notes:

Please note that, as per Policy T20.01, the course requirements (and grading scheme) outlined here are subject to change up until the end of the first week of classes.

Starting Fall 2020, final exam schedules will be released in October. This will allow students to avoid enrollment conflicts, and will significantly reduce instances of exam hardship. If your course has a final exam, please ensure that you are available during the final exam period December 9 - 20 until you receive confirmation of your exam dates. 

Students requiring accommodations as a result of a disability must contact the Centre for Accessible Learning (CAL) at 778-782-3112 or caladmin@sfu.ca.

***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***

Registrar Notes:

ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS

SFU’s Academic Integrity web site http://www.sfu.ca/students/academicintegrity.html is filled with information on what is meant by academic dishonesty, where you can find resources to help with your studies and the consequences of cheating.  Check out the site for more information and videos that help explain the issues in plain English.

Each student is responsible for his or her conduct as it affects the University community.  Academic dishonesty, in whatever form, is ultimately destructive of the values of the University. Furthermore, it is unfair and discouraging to the majority of students who pursue their studies honestly. Scholarly integrity is required of all members of the University. http://www.sfu.ca/policies/gazette/student/s10-01.html

TEACHING AT SFU IN FALL 2020

Teaching at SFU in fall 2020 will be conducted primarily through remote methods. There will be in-person course components in a few exceptional cases where this is fundamental to the educational goals of the course. Such course components will be clearly identified at registration, as will course components that will be “live” (synchronous) vs. at your own pace (asynchronous). Enrollment acknowledges that remote study may entail different modes of learning, interaction with your instructor, and ways of getting feedback on your work than may be the case for in-person classes. To ensure you can access all course materials, we recommend you have access to a computer with a microphone and camera, and the internet. In some cases your instructor may use Zoom or other means requiring a camera and microphone to invigilate exams. If proctoring software will be used, this will be confirmed in the first week of class.

Students with hidden or visible disabilities who believe they may need class or exam accommodations, including in the current context of remote learning, are encouraged to register with the SFU Centre for Accessible Learning (caladmin@sfu.ca or 778-782-3112).