Spring 2022 - ECON 310 D100

Money and Banking (3)

Class Number: 4029

Delivery Method: In Person

Overview

  • Course Times + Location:

    Mo 8:30 AM – 10:20 AM
    AQ 3181, Burnaby

  • Prerequisites:

    ECON 103 and 105, with a minimum grade of C-; 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:

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, as well as applications arising from the recent Covid-19 crisis will also be included.

Topics: The economic roles of money, banking, financial markets and central banks. The mechanics of monetary policy, applied to recent episodes in Canada, the US and Europe.

 

Grading

  • Lecture Quizzes 5%
  • Tutorial Quizzes 10%
  • Midterm Exam 35%
  • Final Exam 50%

NOTES:

Note that Tutorial Quizzes will include a significant writing component.

Materials

REQUIRED READING:

Money, Banking, and the Financial System, 3rd Edition

Hubbard & O'Brien, Pearson. 2018. 


RECOMMENDED READING:

For Canadian content, see:

Mishkin, Frederick and Serletis, Apostolos. Economics of Money, Banking and Financial Markets, 7th edition. 2020. Pearson Canada. 

 


ISBN: 9780136878995

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.

Final exam schedules will be released during the second month of classes. If your course has a final exam, please ensure that you are available during the entire final exam period 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 SPRING 2022

Teaching at SFU in spring 2022 will involve primarily in-person instruction, with safety plans in place.  Some courses will still be offered through remote methods, and if so, this will be clearly identified in the schedule of classes.  You will also know at enrollment whether remote course components will be “live” (synchronous) or at your own pace (asynchronous).

Enrolling in a course acknowledges that you are able to attend in whatever format is required.  You should not enroll in a course that is in-person if you are not able to return to campus, and should be aware 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.

Students with hidden or visible disabilities who may need class or exam accommodations, including in the context of remote learning, are advised to register with the SFU Centre for Accessible Learning (caladmin@sfu.ca or 778-782-3112) as early as possible in order to prepare for the spring 2022 term.