26/10/2019 MONEY AND BANKING Lecturer: Tran Thi Minh Tram Email: tramttm@ftu.edu.vn 1 MONEY AND BANKING Course code: Instructor : Prerequisites: TCHE303 Trần Thị Minh Trâm Faculty of Banking and Finance Macroeconomics (KTE203) 2 1 26/10/2019 Course description • This is a bridging course, connecting foundation courses to professional knowledge courses. 3 Course learning objectives • After this course, students must understand: – Nature of money, how money circulates and its impact to the economy – How financial system, especially banks and banking system, works and role of financial institutions – The role of central bank in conducting monetary policy • Objectives about behavior and skills 4 2 26/10/2019 Lecture program OVERVIEW OF MONEY INTEREST RATE FINANCIAL MARKETS AND INSTITUTIONS COMMERCIAL BANKS CENTRAL BANKS AND MONEYTARY POLICY 5 Textbook and references • Textbook: – Mishkin (2013), The Economics of Money, Banking and Financial Markets, 10th edition, Addison-Wesley. • References: – R.Glenn Hubbard & Anthony Patrick O’Brien (2012), Money, Banking, and the Financial System, 2nd ed., Pearson. – Cecchetti and Schoenholtz (2015), Money, Banking and Financial Markets, 4th ed., Mc-Graw Hill – Bodie & Merton (2000), Finance, Prentice Hall • Financial news 6 3 26/10/2019 Assessment Assessment tasks Attendance Assignments/ Midterm Exam: - Midterm Exam or - Group report Group presentations about the report outcome Final Exam Total Weighting 10% 30% 60% 100% 7 PREPARE FOR CHAPTER 1 1. 2. 3. 3. What is money? Why do people need money? What kinds of money do you know? Is money circulation needed to be control? Why? 8 4