1. NAME OF COURSE  / MODULE  MONEY AND BANKING
2. COURSE CODE MBA3013
3. NAME(S) OF ACADEMIC STAFF  
4. RATIONALE FOR THE INCLUSION OF THE COURSE/MODULE IN THE PROGRAMME The course aims to provide the student with an introduction to the role of money, financial institutions and monetary policy in the broader economy, thus providing a solid foundation for further study or employment in the financial services industry. It is also to improve students’ understanding of economics concepts and their application, and to improve analytical skills through the money, interest rates, banks and other financial institutions. Students will also learn the relevance of the Central Bank Reserve and related central banking topics, including the causes, policy responses, and lessons associated with the current financial market crisis.
5. SEMESTER & YEAR OFFERED Semester 5/ Year 3
6. TOTAL STUDENT LEARNING TIME (SLT) Face to face:

L T P O
21 17 5

L=lecture ; T=Tutorial; P=Practical; O=Others (Exam)

Total Guided and Independent Learning:

120
7. CREDIT VALUE 120/40= 3 (3 credit); 2+2
8. PREREQUISITE (IF ANY)
9. OBJECTIVES 1.     To provide students’knowledge ontheories, concepts and philosophy of money and banking.

2.     To highlight students on the effect of interest rates on the financial market systems.

3.     To discuss current issues related monetary economics faced by the financial institutions and markets with the relevant theories and concepts.

4.     To provide students with ample knowledge in formulating monetary policies goals and strategies in stabilizing the economic scenarios.

10. LEARNING OUTCOMES At the end of the course, learners will be able to:

1.     Classify the theories, concepts and philosophy of money and banking. (LO3-CTPS3, C4)

2.     Measure the effect of interest rates on the financial market systems.(LO4-CS3, P4)

3.     Analyze the current issues on monetary economics faced by the financial institutions and markets.(LO6-EM1, C4)

4.     Investigate the monetary policies goals in stabilizing the economic scenarios. (LO3-CTPS3, C4)

11. TRANSFERABLE SKILLS Student should be able to develop a good understanding of money and banking-related theories, concepts and philosophy throughprocess of lectures, discussions and group assignments.
12. TEACHING-LEARNING AND ASSESSMENT STRATEGY Teaching-learning strategy:

  • The course will be taught through a combination of formal lectures, exercise, group work, using authentic materials, informal activities and various textbooks. Collaborative teamwork will be fosters throughout the course. The use of examination and internal reporting assessment will assess the student’s ability to apply theoretical concept in context.

Assessment strategy:

  • Formative
  • Summative
13. SYNOPSIS This course is intended to provide a platform for students to enhance their knowledge concerning the money and banking in the economy system. The discussion on money will highlight the role of money as capital and it’s functioning in smoothing of the economy activities. This course also will covers in detail both commercial and central banking by providing the necessary depth and understanding of interest rates, capital, and the important of monetary policies and strategies in the central banking.
14. MODE OF DELIVERY Lectures and tutorial (SCL)
15. ASSESSMENT METHODS AND TYPES
Component %
Continuous assessment 50
Final examination 50
Total 100
16. CONTENT OUTLINE OF THE COURSE/MODULE AND SLT PER TOPIC

 

TOPIC Lecture Tutorial Test/Quiz/Exam Assignment Assessment(Internet Surfing) Self-study Total
Introduction to Money and Banking 6 6 6 18
Financial Markets 4 3 6 13
Monetary Economics 4 4 6 14
Commercial Banking 4 4 6 14
Central Banking 6 5 6 17
Monetary Policies 4 4 6 14
Continous test/quiz/present 2 6 9 17
FINAL 3 10 13
TOTAL 28 26 5 6 55 120
17 REFERENCES Main reference:

1. Frederic S. Mishkin, 2012, The Economics of Money, Banking, and Financial Markets, 10th Ed. Prentice Hall.

Additional references:

1.     Abdul Ghafar Ismail, 2010, Money, Islamic Banks and the Real Economy, Cengage Learning Asia Pte Ltd.

2.     Peter Howells & Keith Bain, 2008, The Economics of Money, Banking and Finance, 4th Edition, Pearson Education Ltd.

3.     Robert E. Wright &VoncenzoQuadrini, 2009, Money and Banking, Flat World Knowledge, Inc.

4.     Stephen Cecchetti& Kermit Schoenholtz, 2011, Money, Banking and Financial Markets, McGraw-Hill Proffesional.

5.     Lawrence S. Ritter, William L. Silber & Gregory F. Udell, 2009, Principles of Money, Banking and Financial Markets, 12th Edition, Prentice Hall.