INTERNATIONAL BURCH UNIVERSITY
Faculty of Economics and Social Sciences
Department of Banking and Finance
2015-2016

SYLLABUS
Code Name Level Year Semester
BAF 104 Money and Banking Undergraduate 1 Spring
Status Number of ECTS Credits Class Hours Per Week Total Hours Per Semester Language
5 114 English

Instructor Assistant Coordinator
Nataša TANDIR, Assist. Prof. Dr. Natasa Tandir Sanel Halilbegović, Assist. Prof. Dr.
[email protected] [email protected] no email

This course focuses on monetary theory and policy. Topics include: definition of money, financial markets and institutions, central banking and the conduct of monetary policy, foreign exchange market and international financial system, demand for money and the relationship between money and inflation.

COURSE OBJECTIVE
This course aims to provide students with the basic and practical understanding of money, banking and financial institutions and markets; monetary policy and the resulting impacts on the economy.

COURSE CONTENT
Week
Topic
  1. Introducing money and the financial system
  2. Money and the payments system
  3. Interest rates and rates of return
  4. Determining Interest rates
  5. The risk structure and term structure of interest rates
  6. The stock market, information and financial market efficiency
  7. Preparation for Midterm exam
  8. Midterm exam
  9. The market for foreign exchange
  10. The economics of banking
  11. Financial crises and financial regulation
  12. Central Banking
  13. Monetary Policy
  14. The International Financial System and Monetary policy
  15. Preparation for final exam

LABORATORY/PRACTICE PLAN
Week
Topic

    TEACHING/ASSESSMENT
    Description
    • Interactive Lectures
    • Practical Sessions
    • Presentation
    • Discussions and group work
    • Problem solving
    • Case Studies
    Description (%)
    Method Quantity Percentage (%)
    Quiz410
    Homework110
    Problem solving110
    Midterm Exam(s)130
    Attendance10
    Final Exam130
    Total: 100
    Learning outcomes
    • Defining the role and function of money
    • Identifying the role of central banks
    • Describing how financial markets and institutions are functioning
    • Interpret exchange rate behaviour
    • Explain the role of expectations in monetary policy
    • Analyze the relationship between money and inflation
    TEXTBOOK(S)
    • R. Glenn Hubbard, Anthony Patrick O\'Brien (2014) Money, Banking and the Financial System, 2nd Edition, Pearson Education

    ECTS (Allocated based on student) WORKLOAD
    Activities Quantity Duration (Hour) Total Work Load
    Lecture (14 weeks x Lecture hours per week)15230
    Laboratory / Practice (14 weeks x Laboratory/Practice hours per week)15115
    Midterm Examination (1 week)122
    Final Examination(1 week)122
    Preparation for Midterm Examination11515
    Preparation for Final Examination13030
    Assignment / Homework/ Project11010
    Seminar / Presentation11010
    Total Workload: 114
    ECTS Credit (Total workload/25): 5