University of Benha
Faculty of Commerce
Department of Economics
Module outline of:
E216: Economics of Money and Banking
Lecturer: Dr Doaa Akl Ahmed
Academic year: 2013-2014
Second grade
First term
WEBSITE:
http://bu.edu.eg/staff/doaaahmed4-courses/10955
Module aims
The course aims to provide the student with an introduction to the role of money,
financial institutions and monetary policy in the economy, thus providing a solid
foundation for further study or employment in the financial services industry. There are
three main components of the course. The course will cover the main aspects of banks
and other financial institutions as well as an investigation of the role of money, central
banking and monetary policy. Also, great attention will be given to understand the
monetary theory.
Module delivery:
The course will be taught through three-hour weekly lectures and a one-hour weakly
tutorial. Lectures will be used for lecturing and tutorials will discuss the answers of
questions sheets.
Assessment:
The course will be assessed by, a mid-term examination and final examination.
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A mid-term examination on TOPICS 1 AND 2 will constitute 20% of the final
grade. The exact date of this exam will be announced later during the term.
A final examination on ALL TOPICS will constitute 80% of the final grade.
Readings:
Mishkin, The Economics of Money, Banking and Financial Markets, tenth edition
(different editions will have different numbers of chapters)
Module contents:
Topic 1: Introduction: Money, its role and functions
Readings: Chapters 1, 3.
CHAPTER 1: Why Study Money, Banking, and Financial Markets?
CHAPTER 3: What Is Money?
Topic 2: Theories of Monetary Policy
Readings: Chapter 19
CHAPTER 19: Quantity Theory, Inflation and the Demand for Money
(Chapter 22 in the seventh edition)
Topic 3: Economic Analysis of Banking
Readings: Chapter 10
CHAPTER 10: Banking and the Management of Financial Institutions
(Chapter 9 in the seventh edition)
Topic 4: Central Bank Structure
Readings: Chapter 13
CHAPTER 13: Central Banks and the Federal Reserve System
(Chapter 14 in the seventh edition)
Topic 5: The Money Supply
Readings: Chapter 14
CHAPTER 14: The Money Supply Process.
(Chapter 15 in the seventh edition)
Topic 6: conduct of monetary policy
Readings: Chapter 15 and 16
CHAPTER 15: Tools of Monetary Policy
CHAPTER 16: The Conduct of Monetary Policy: Strategy and Tactics
(Chapters 17 and 18 in the seventh edition)